Economics
European Stocks Advance as Investors Eye ECB Decision
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European stocks rose to the highest in eight weeks as investors bet central banks will add to measures unveiled by the region’s governments to contain the sovereign-debt crisis and data from China and Japan fueled optimism Asia will drive global growth.
Invensys Plc advanced 1.4 percent after a report said China South Locomotive & Rolling Stock Corp. may make an offer. Aviva Plc, the U.K.’s second-biggest insurer, jumped 3.7 percent after it named a new chairman. Rhoen Klinikum AG slumped 8.9 percent after Fresenius SE failed in its 3.1 billion-euro bid to buy the company.