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European Shares Climb
European stocks closed higher, with the Stoxx Europe 600 rising 1.3%, supported by gains in banking and technology shares, improved corporate results and lower energy prices. UniCredit jumped 6% after reporting better-than-expected earnings, while Banco BPM surged 10% after Crédit Agricole proposed merging with its Italian operations. Brent crude, meanwhile, fell 4.8% to below $94 a barrel amid optimism over diplomatic efforts to end the regional conflict.
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