Global Market: European shares edge higher as earnings offset Middle East concerns; Lufthansa, Zalando slide
· economictimes.indiatimes.com
European shares saw modest gains as investors reviewed corporate earnings reports. Energy stocks edged higher while oil prices rebounded from recent declines. Travel and leisure shares slipped as higher fuel costs posed concerns. Lufthansa and Zalando shares fell significantly after their earnings updates. Bayer shares rose after reporting a surprise profit increase.
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