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European shares inch higher after Trump signals on trade

European shares recovered some ground on Friday after a bruising session a day earlier, as U.S. President Donald Trump predicted a swift end to the ongoing trade war with China that has dominated trade on financial markets over the past year.

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May expected to announce date of her departure

British Prime Minister Theresa May is expected on Friday to announce the date of her departure, triggering a contest that will bring a new leader to power who is likely to push for a more decisive Brexit divorce deal.