Deutsche Telekom Rises on Talks with BT as Thomas Cook Hits Turbulence

European stocks rose again on Wednesday as the U.K. left its third-quarter GDP growth estimate unchanged, and as investors awaited a fresh batch of pre-Thanksgiving economic data from the United States. In Frankfurt, Deutsche Telekom AG rose after it and France’s Orange SA confirmed they are in exploratory talks to sell their U.K.-based wireless carrier EE Ltd. to BT Group plc, while Deutsche Bank AG rose after Fitch Ratings affirmed the lender's long-term issuer default rating at A+. In London, shares U.K. travel company Thomas Cook plc hit turbulence after announcing the surprise departure of CEO Harriet Green just two years after leading a turnaround.