European Stocks Gain Despite Stagnating Economy, Renault Cancels EV IPO Plan

European Stocks Gain Despite Stagnating Economy, Renault Cancels EV IPO Plan

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European stock markets were rising on Tuesday despite data showing the euro zone economy flatlined in the last quarter of 2023. French car maker Renault canceled the planned initial public offering of its electric-vehicle unit, in another sign of pessimism for the EV market. The Stoxx Europe 600…

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