Euro-Area Services, Manufacturing Contract for 10th Month

Euro-area services and manufacturing output shrank for a 10th month in November as the debt crisis hurt confidence, underscoring divergences in the global economy as China’s factories showed the first growth in more than a year.

Euro Posts First Decline in Six Weeks as Economic Growth Stalls

The euro fell for the first time in six weeks versus the dollar as reports showed the region’s economy struggling amid the debt crisis.