BUSINESS

European Stocks Fall On Spain Economic Worries

Trader reacts in front of the DAX board at the Frankfurt stock exchange
Most of the European markets fell Thursday as investor sentiment turned negative amid the revived concerns about the debt crisis affecting the euro zone as the economic and financial instability faced by Spain continued to deepen.
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EADS, BAE Call Off Aviation/Defense Merger

EADS and BAE Systems called off the world's largest defense and aviation merger on Wednesday, and sources close to the talks blamed Germany for wrecking the $45 billion deal.
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Asian Shares Fall As Gloom Hits Techs, Miners

Asian shares fell Wednesday, led by losses in technology and materials stocks after brokerage downgrades for Intel and a warning from global miner Rio Tinto about the uncertain near-term outlook.

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