European shares rise in cautious trading, set for worst week in two months
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(Reuters) - European shares edged higher on Friday as comments from U.S. President Donald Trump that trade talks with China were "moving right along" injected some calm after a tumultuous week.The pan-European STOXX 600 index rose 0.4% more than an hour into trading, with banks, technology firms and retail companies leading the gains.M&A activity boosted insurers after Phoenix Group Holdings Plc said it would buy the British insurance unit of Swiss Re in a cash-and-shares deal worth 3.2..