Wall Street surge lifts world stocks off 22-month low

LONDON (Reuters) - World stocks bounced off a near two-year low on Thursday, lifted by a dramatic Wall Street surge, though a fall in Chinese industrial profits and renewed Italian banking worries offered a sobering reminder of the problems weighing on the world economy. The Dow Jones Industrial Average surged more than 1,000 points for the first time on Wednesday, leading a broad Wall Street rebound, after a report that holiday sales were the strongest in years helped mollify concerns about the..