Global Business & Emerging Markets

Spanish, Italian bonds rally on speculation that policy makers will act.

Cloud services push leads software giant to accept local payment types in Brazil for the first time.

Financial and political stability keep Brazil attractive despite hurdles. (David Backus, NYU Stern School of Business)

Spread of debt crisis to Spain and Italy increases pressure on policy makers.

European debt worries now center on Italy and Spain.

European debt worries now center on Italy and Spain.