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Earnings lift global stocks as U.S. yields dip; euro weakens after ECB

NEW YORK A gauge of global equities advanced on Thursday, buoyed by a round of solid quarterly earnings in Europe and the United States, while the euro weakened after the head of the European Central Bank hailed "solid" economic growth but kept interest rates unchanged.

Regional Markets News

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CVR Q1 income doubles on stronger crack spreads, lower biofuels cost

CVR Energy Inc refining unit's income more than doubled in the first quarter,versus the prior-year period, the company said on Thursday,citing stronger crack spreads and lower biofuels compliancecosts.*CVR Refining reported net income of $147 million for thefirst quarter, up from $67 million in the same period of 2017.* "The quarter's fiscal performance was driven by strongercrack spreads, hedging gains, a reduction to our estimated

Euro zone starts talking of life after the Greek bailout

Euro zone finance ministers willstart discussions on Friday on Greece's exit from eight years ofinternational bailouts, focusing on how Athens wants to boosteconomic growth and finish the last reforms agreed with itscreditors, officials said.

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