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Dec 3 (Reuters) - European shares on Tuesday recovered from
two-week lows hit in the previous session, getting a boost from
technology and bank stocks, even as investors still grappled
with prospects of fresh global trade disputes.
Trade-sensitive German shares .GDAXI climbed 0.7%,
although French stocks .FCHI rose only marginally after U.S.
threatened of punitive duties of up to 100% on $2.4 billion in
imports from France including Champagne, handbags and cheese.
Shares in luxury stocks LVMH LVMH.PA , Kering PRTP.PA and
Hermes HRMS.PA fell about 1.5%.
The broader European stocks index .STOXX , however, rose
0.5% by 0818 GMT, recovering from a slide to near two-week lows
on Monday following U.S. President Donald Trump's move to
restore tariffs on metal imports from Brazil and Argentina.
Among the bright spots, Italy's biggest bank UniCredit
CRDI.MI rose 1.1% after saying it would buy back its stock
this year and shed 9% of staff under a new plan to 2023 to cut
costs by 1 billion euros ($1.1 billion) in Western Europe.