the threat of a financial crisis spreading from europe shook markets on wednesday. the euro dropped to a nearly two-year low against the dollar. oil prices sank to their lowest this year, and stocks took another fall.
embraer looks past europe as slump damps sales: corporate brazil
embraer sa (erj) , the world’s fourth- biggest planemaker, is boosting efforts to sell more jets in asia , the middle east and africa as the european debt crisis saps demand in the manufacturer’s biggest market.
europe crisis adds concern to china outlook at moody’s
the drop in china’s exports caused by europe’s debt crisis may affect whether moody’s investors service raises the nation’s sovereign debt rating, said tom byrne, a senior vice president at the company.
stocks mixed as europe anxiety persists
u.s. stocks opened mixed friday as anxiety over europe persisted and investors prepared for a holiday weekend.
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