Euro-Area Manufacturing Contracts for 16th Straight Month

Euro-area manufacturing output contracted for a 16th month in November, adding to signs a recession in the currency bloc may extend into next year as leaders struggle to tackle the sovereign-debt crisis. A gauge of manufacturing in the 17-nation euro area rose to 46.2 from 45.4 in October, Londo…

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Euro-Area Manufacturing Contracts for 16th Straight Month