European Stocks Climb After Russia Calls End to Military Drills
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European stocks rose the most in more than three months after a report that Russian war planes have finished military exercises near Ukraine.
Balfour Beatty Plc added 2.5 percent after rejecting a revised merger proposal from Carillion Plc. Banco Popolare SC surged 8.2 percent after the Italian lender unexpectedly posted a profit in the second quarter. Bayerische Motoren Werke AG and Daimler AG each rose more than 2 percent, contributing the most to gains by a gauge of auto-related stocks.