A flurry of takeovers helped European stocks rise for the first time in six days, resisting contagion from a selloff in China. Bonds fell even as oil declined for a fifth day, dragging down Russia's ruble.
LONDON - The British oil giant BP said on Tuesday that it had lost $5.8 billion in the second quarter, reflecting a huge settlement over the 2010 Gulf of Mexico oil spill.
Sanofi agreed to contribute $2.2 billion to work with Regeneron Pharmaceuticals Inc. on therapies that harness the immune system to fight cancer.
DuPont Co. DD -0.37 % on Tuesday trimmed its earnings outlook for the year, as weak demand for crop protection and lower corn and soybean volumes weigh on its agricultural business.
LONDON: Britain's economy accelerated in the second quarter of 2015, helped by a rebounding services sector, official data showed on Tuesday.