Reuters

(Reuters) - European shares extended gains in early trade on Tuesday after posting steep declines last week, as bank stocks recovered, with focus now shifting to more data and commentary from central banks' officials to gauge their monetary policy path.

The pan-European STOXX 600 rose 0.6% as of 0707 GMT, as most sectors traded higher, with travel and leisure leading gains with an 1.8% jump.

Lenders in the region gained 1.4%, continuing... (continue reading...)

(Reuters) - London stocks opened on an upbeat note on Tuesday, with investors eyeing key domestic inflation data and the Bank of England's policy decision, while losses in Ashtead Group capped gains.

The blue-chip FTSE 100 was up 0.5% at 8,181.64 points as of 7:06 GMT, while the mid-cap FTSE 250 rose 0.6%.

The benchmark has been drifting between the 8,200 and 8,100 levels for the past two weeks, with a steeper decline expected if the... (continue reading...)

(Adds Orban's full name in paragraph 2)

AMSTERDAM (Reuters) -Hungary has dropped its opposition to Mark Rutte as the next NATO secretary-general, Dutch media reported on Tuesday, after the outgoing Dutch prime minister and his Hungarian counterpart met on the sidelines of a EU leaders meeting in Brussels.

Citing sources, Dutch outlets NOS and RTL reported that Hungarian Prime Minister Viktor Orban did not reiterate his demand for an apology... (continue reading...)

By James Davey

LONDON (Reuters) - UK grocery inflation fell for a sixteenth month in a row in June, industry data showed on Tuesday, providing a little cheer for Prime Minister Rishi Sunak ahead of next month's election.

Market researcher Kantar said annual grocery price inflation was 2.1% in the four weeks to June 9, down from 2.4% in the previous four-week period.

In campaigning ahead of the July 4 election, Sunak has... (continue reading...)

By Subrata Nag Choudhary

KOLKATA, India (Reuters) - India will launch an investigation on Tuesday into a train collision that killed nine people in the state of West Bengal and injured more than 50, a day after a top railway official blamed the incident on driver error.

The death toll was revised down to nine from 15 after Monday's accident, in which a freight train rammed into a passenger train heading for the state capital of Kolkata... (continue reading...)