Pursuits
European Stocks Rebound From Two-Year Low; Richemont Climbs
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European stocks rose the most in three weeks, rebounding from a two-year low, after three days of losses dragged the Stoxx Europe 600 Index near to the cheapest since 2008.
Greek stocks gained as Germany’s top court rejected challenges to the participation of Europe’s largest economy in euro rescue funds. Cie. Financiere Richemont SA, owner of the Cartier watch brand, climbed 7.3 percent after revenue topped analyst estimates. Scor SE, France’s largest reinsurer, increased 2.5 percent after confirming targets. Renault SA led a rally in automakers.