European shares add to gains as trade war fears fade [Reuters (UK)]
INMARSAT PLC ADR (IMASY)
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Source: Reuters
European shares add to gains as trade war fears fade | Reuters 2 Min Read LONDON (Reuters) - European shares extended their rally on Thursday as U.S.-China trade war fears were set aside and investors focused on bullish macroeconomic and corporate news. At 0722 GMT, the pan-European STOXX 600 was up 0.2 percent while the leading euro zone stock index .STOXX50E was on track for its ninth straight session of gains, up 0.25 percent. On the corporate front a $3.2 billion share buyback program from mining company Rio Tinto ( RIO.L ) boosted the shares up around 1.8 percent. Inmarsat ( ISA.L ) shares climbed 3.5 percent after the British satellite company said it would collaborate with Japan’s Panasonic Avionics to provide in-flight broadband for commercial airlines. Lower levels of market volatility, meanwhile, hurt quarterly revenue at trading platform IG Group ( IGG.L ), sending the stock down 5.5 percent. On the small-cap front, German fashion retailer Tom Tailor ( TTIGn.DE ) is
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