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.
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 soared more than 10 percent Thursday, its biggest one-day gain since March 2009, lifted by resurgent global stock markets and a report showing the U.S.
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.
(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 ...