European shares rise in cautious trading, set for worst week in two months

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European shares rise in cautious trading, set for worst week in two months
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European shares edged higher on Friday as comments from U.S. President Donald Tr...

) in a cash-and-shares deal worth 3.2 billion pounds . Swiss Re AG shares rose about 3%, while Phoenix Group was up 1%.

Investors, however, took the data in stride after Trump struck an upbeat tone on U.S.-China trade talks even as general uncertainty about the outcome prevailed following his comments earlier this week that a deal might have to wait until after the 2020 election.

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