Stocks jumped on Friday, ending higher for the week after the Italian Senate's approval of economic reforms gave investors some relief from worries about the Eurozone's debt crisis.
Toronto's main stock index was up more than 1 percent at midday on Friday as commodity prices rose on optimism that Italy would pass an austerity package that would calm fears about Europe's debt crisis.
In a couple of weeks, the U.S. Federal Reserve will begin a new round of stress tests on America's largest banking organizations, a top Federal Reserve official said Friday.
South African stocks capped a volatile week with a sideways close on Friday, as concerns about the outcome for Italy's debt crisis kept investors on the sidelines, although platinum miners and other battered-down shares ticked higher.
United States Defense Secretary Leon Panetta does not think attacking Iran would be a good idea, even if Iran is building nuclear weapons.
Stocks rose about 2 percent on Friday, with major indexes on track to end the week higher as Italy's Senate approved economic reforms, easing investor concerns about the euro zone's debt crisis.
Let’s stop worrying about titles and start doing the work that got us there before.
Despite the current global economic crisis -- which seems to have taken a relative stranglehold on Europe -- France has somehow managed to weather the storm. And, perhaps, thrive, if even just a bit.
Stocks rose at the open on Friday as debt-laden Italy moved to implement tough austerity measures crucial to avoid a Eurozone meltdown.
Oil -- the lifeblood of the global economy and a critical factor in the growth of U.S. gross domestic product -- is set Friday to close its longest stretch of weekly gains in more than two years, a counterintuitive trend that belies certain economic fundamentals.
The vote tally was 156 to 12 in favor of the austerity. However, opposition lawmakers largely abstained from voting.
Gold prices edged up Friday as a bump in sentiment about the Eurozone crisis encouraged a move into stocks and the continent's single currency.
The U.S. government on Thursday delayed approval of a Canada-to-Texas oil pipeline until after the 2012 U.S. election, bowing to pressure from environmentalists and sparing President Barack Obama a damaging split with liberal voters he may need to win reelection.
Greeks lauded the nomination of new prime minister Lucas Papademos on Friday and expressed hope his government could put the economy back on track and calm political turmoil that has threatened to force Athens out of the euro zone.
Greeks lauded the nomination of new Prime Minister Lucas Papademos Friday and expressed hope that his government could put the economy back on track and calm political turmoil that has threatened to force Athens out of the euro zone.
Diplomatic deadlock is curbing China's will to provide cash to help end the euro zone crisis after Europe spurned the simplest of Beijing's three key demands, two independent sources have told Reuters.
Asian shares rebounded on Friday and the euro clawed higher, with European stocks also expected to make gains after brighter corporate news lifted U.S. stocks and debt-laden Italy was able to fund itself at a bond auction.
European shares rose on Friday while the euro held onto modest gains as investors bought beaten-down riskier assets, with markets focused on whether debt-laden Italy could implement tough austerity measures crucial to avoid a euro zone meltdown.
Asian shares rebounded on Friday and the euro clawed higher, with European stocks also expected to make gains after brighter corporate news lifted U.S. stocks and debt-laden Italy was able to fund itself at a bond auction.
Asian shares rebounded Friday and the euro clawed higher, with European stocks also expected to make gains after brighter corporate news lifted U.S. stocks and debt-laden Italy was able to fund itself at a bond auction.
France's way of doing business is closely connected to French culture, and international businessmen and women (especially those from America) can sometimes make mistakes that sour a deal before it's even begun. Follow these eight tips on French cultural cues and taboos to avoid misunderstandings and to earn the respect of your international peers.
Half of Afghan’s female inmate population have been convicted of “zina” or crimes deemed to be in breach of morality.
