European shares tick up as Middle East tensions wane

(Reuters) - European shares rebounded on Tuesday, snapping a two-day losing streak, as concerns over a U.S.-Iran standoff eased, while automobile stocks rose after Rolls-Royce reported record annual sales. A global selloff in stocks following the killing of a top Iranian general by the United States eased on Monday in the absence of any fresh developments in the standoff between the two countries.The pan European STOXX 600 Index rose about 0.5% by 0805 GMT, with German stocks outperforming..