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Canadian markets news

TSX, Dow charge higher as market gloom over China dissipates
North American stock markets followed China's lead higher on Thursday, moving up 300 points as gloom over China's slowing economy dissipated.
Investors, don't get too complacent after this dramatic rally  The Globe and Mail
Asian stocks extend global rally after strong US data sends Wall Street ...  The Straits Times
Globalnews.ca  
WestJet adds 4 new wide-body aircraft to fleet
WestJet took delivery of four new wide-body aircraft today, which will allow the airline to begin flying to Europe. The Calgary-based airline bought the Boeing 767-300 extended range aircraft so it can add more long-haul destinations.
WestJet moves closer to Europe with delivery of first wide-body Boeing 767 ...  Calgary Herald
Calgary-based airline WestJet welcomes Boeing 767-300 into fleet  Calgary Sun
Big Six banks defy pessimists amid glut of economic uncertainty
Canadian Imperial Bank of Commerce and Toronto-Dominion Bank added to a string of strong financial reports this week from Canada's big banks, which have largely defied expectations that ugly economic indicators would begin to take a toll on the sector.
Canadian Banks Beat Profit Forecasts  Wall Street Journal
Betting against Canada's banks doesn't pay off yet again  Financial Post
Oil markets extend gains after biggest daily climb in six years
SEOUL Crude oil futures rose on Friday in Asian trading, adding to their biggest one-day rally in over six years the day before led by recovering equity markets and news of diminished crude supplies.
Oil markets catch breath after biggest gains in six years  Reuters Canada
Oil climbs above $42 US a barrel after stocks rebound  CBC.ca
Plane left at Pearson after fledgling SkyGreece Airlines stops flying
SkyGreece Airlines temporarily ceased its operations Thursday, after days of media reports of delayed and cancelled flights to and from Pearson International Airport.
SkyGreece passengers stranded as airline cancels flights  CBC.ca
SkyGreece temporarily ceases all operations: Pearson  CP24 Toronto's Breaking News
US Economy's Growth Rate in 2nd Quarter Is Revised Up to 3.7%
Not long ago, the United States was considered the tortoise of the world economy, at least in comparison to emerging powers like China and Brazil.
US economy grew 3.7pc in 2nd quarter  The Nation
US economic growth revision to 3.7% boosts markets  BBC News
UPDATE 2-Marchionne ready to take over as Ferrari CEO before flotation-sources
(Adds source, background). By Stefano Rebaudo. MILAN Aug 27 (Reuters) - Fiat Chrysler chief Sergio Marchionne is preparing to take over as chief executive at Ferrari ahead of the Italian luxury sportscar maker's planned stock market flotation later ...
Marchionne ready to take over as Ferrari CEO before IPO: sources  The Globe and Mail
Marchionne ready to take over as Ferrari CEO before IPO  Press Examiner
McDonald's, Tyson Foods drop farm after videotape shows animal cruelty
LOS ANGELES McDonald's Corp and Tyson Foods both severed ties on Thursday with a Tennessee farm where workers were seen stabbing, clubbing and stomping on chickens in an undercover video shot by animal rights activists.
McDonald's drops nuggets supplier after video shows animal cruelty  The Guardian
The Disgusting Reason McDonald's Just Dumped Its Chicken Supplier  Delish
Govt gives in to trade unions' demands but gets no assurance strike will be ...
NEW DELHI: The BJP government Thursday indicated it was ready to meet their crucial demands but central trade unions kept the Centre on tenterhooks by saying a final decision on their nationwide strike call will be taken on Friday.
Government softens stand on trade union demands, urges to call off September ...  Economic Times
Trade unions refuse to call off Sept 2 strike  Nagaland Post
Walmart will stop selling AR-15 rifles citing lack of demand
If you live in the U.S. and your Walmart shopping list included milk, eggs, and an AR-15 semi-automatic rifle, you might be disappointed by the retailer's decision to discontinue sales of semi-automatic weapons.
Christmas in August: Walmart to Launch Layaway Plan  ABC News
Poor sales leads Walmart to stop selling semi-automatic rifles  STLtoday.com