European Stocks Rise on Iran Nuclear Accord as Air France Gains
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European stocks advanced, after posting their first weekly loss since October, as Iran agreed to limit its nuclear program.
International Consolidated Airlines Group SA and Air France-KLM Group rose with a gauge of travel stocks as oil prices fell after Iran’s accord. PSA Peugeot Citroen gained 5.1 percent after people familiar with the matter said it will appoint a new chief executive officer. Fresenius Medical Care AG surged the most in five years after U.S. regulators scrapped a plan to cut Medicare payments next year.