European stocks posted the biggest weekly advance since December after companies in the region including E.ON AG and Suez SA reported better-than-expected earnings.
E.ON, Europe's largest power company, climbed after it said fourth-quarter profit more than doubled. Suez, the world's second-biggest water utility, rose after posting a 54 percent jump in second-half profit. Alliance Boots Plc soared 17 percent after it received a buyout offer.
Stocks in the region have recouped more than a third of what they lost in a five-day global rout triggered on Feb. 27 by a sell-off in Chinese equities and disappointing U.S. economic reports.
Read more at Bloomberg.com
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