Pursuits
European Stocks Drop on Concern Over Economy, U.S. Fiscal Cliff
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European stocks fell the most in two weeks as the European Commission cut its growth forecast for the region and concern over an impending fiscal crisis in the U.S. increased after the re-election of President Barack Obama.
Randgold Resources Ltd. slumped the most in six months after predicting that its annual output will be at the bottom of its target. Holcim Ltd., the world’s largest cement maker, slid