China measures, Italian banks lift European shares to record close

(Reuters) - European shares hit a record high close on Monday as a rally in Italian banks and fresh attempts by China to limit the economic impact of the coronavirus outbreak lifted investor spirits.Despite a U.S. holiday dulling market activity, the pan-European STOXX 600 index rose 0.3%, with trade-sensitive German stocks hitting all-time highs as Beijing stepped up stimulus measures.Adding to the upbeat mood, Italy's fifth-biggest bank UBI Banca jumped 5.5% after saying it aimed to nearly..