Europe’s China-reliant sectors surge as stimulus fuels optimism

Europe’s China-reliant sectors surge as stimulus fuels optimism

European stocks at the forefront of concerns over a slowdown in China rallied strongly on Tuesday, after Beijing announced a package of stimulus measures to revive the world’s second-largest economy. Miners, luxury goods makers, automobile manufacturers and financial firms notched gains. Miner Anglo American Plc, Gucci-owner Kering SA and insurer Prudential Plc were among the … Read more