recover

"Forty percent of the commodities in the world are being consumed each year by the Chinese to produce about 9.4 percent of the world's GDP, so you've got the most inefficient use of commodities going on there in history," Bill Smead, CEO of Smead Capital Management told CNBC. "We think...

The euro extended its rebound from one-week lows in Asia on Friday following news Greece has reached a deal with international lenders on an austerity plan that would bring it one step closer to securing much-needed financial aid. more...