European shares falter as virus toll in China surges; Nestle weighs
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(Reuters) - European shares fell on Thursday as a surge in new coronavirus cases in China blindsided investors, with food giant Nestle weighing the most after it postponed its 2020 growth target. The pan-European STOXX 600 index fell 0.5% by 0900 GMT. It had notched new highs in the last two sessions on optimism over what appeared to be a decline in new cases of infection, as well as a slow restart in factory activity after an extended break in China.But a jump in new cases after China deployed..