spain

Just a day after a successful bond auction in Portugal, Spain hopes to raise up to $3.9 billion in its first debt auction of the year. The auction will be a key test of investor appetite for European bonds.

Debt and government spending are firmly at the top of the new Congress's agenda. And just the threat that the U.S. wouldn't pay its bills has traders worried and wondering if the U.S. could end up on the same chaotic economic path taken by Greece or Spain.

The big winners of 2010 scored returns far above those of U.S. markets by piggybacking on China's ferocious growth. But rebounding American equities look mighty impressive next to the year's real losers: the victims of the eurozone debt crisis.

The U.S. is hardly alone in losing work to cheaper skilled labor in foreign countries. Australia, Canada and Israel, among others, have dropped off Gartner's list of the top 30 countries for outsourcing. Here's where IT and business-processing jobs are heading.

Just as the euro has begun recovering from Ireland's meltdown, another financial crisis is brewing in Spain. The country could be headed for a bailout or reorganization, experts say. How low could the euro go?

With the fears of a European sovereign debt crisis growing worse, the Spanish government said Wednesday that it's taking several measures to stop the fiscal contagion from reaching its shores, including selling a 30% stake in its national lottery business, Bloomberg reported.

One thing investors are probably thankful for is that this holiday-shortened trading week is finally over. The U.S. stock market logged just a half day Friday but not before posting more deep and broad-based losses, as European sovereign debt fears continued to push traders out of riskier...

Ireland headed into a confrontation Tuesday with leaders of the European Union and other struggling members of the eurozone on whether to seek a financial bailout as jitters continued to disrupt the continent's financial markets.

The U.S. Department of State issued a travel alert on Sunday for Americans who are in Europe or are planning to go there. The alert did not say that Americans should avoid Europe, but that they should be cautious while visiting tourist attractions or in transportation hubs. The alert was triggered...

Sinopec Group (SHI), China's second-largest oil and gas producer, will invest $7.1 billion in Repsol's (REP) Brazilian unit. Sinopec will buy new shares in the Spanish company's Brazilian unit, giving the Chinese company a 40% stake, Bloomberg News said. Repsol holds stakes in Brazil's Santos,...