Europe Stocks Rise for 3rd Day on Earnings as Shell, Nokia Gain
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European stocks climbed amid better-than-forecast earnings.
Royal Dutch Shell Plc rose 4.9 percent after saying it will cut jobs and sell a stake in a Japanese refiner. Nokia Oyj jumped 7.5 percent after profitability at its network-equipment business improved. Renault SA slid 8 percent after its profit gain failed to keep pace with rival PSA Peugeot Citroen.