US stocks slump on bank results, China credit squeeze
US stocks slump on bank results, China credit squeeze
Wall Street stocks slumped Wednesday amid mixed earnings results from key banks and credit tightening by global economic growth driver China.
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Russian car sales halved in 2009 in credit squeeze
Russian car sales halved in 2009 in credit squeeze
Russian car sales halved in 2009, the sharpest decline of any major market, and are expected to remain flat this year, a leading business association said Thursday.
Read more on Boston Globe