European shares boosted by strong earnings and reports of M&A

rose 3.4 per cent after the network provider said it was on track to meet its full-year guidance and posted a 2.7 per cent rise in third-quarter group service revenue.jumped more than 8 per cent, and was the top performer on the index after Reuters reported tech firmStrong earnings continued to pour in. Swedish industrial technology groupGerman chip supplierposted a 17 per cent jump in quarterly earnings. But the stock fell 1.1 per cent after a sale to Taiwan’s GlobalWafers collapsed.

3 per cent after posting a slightly weaker-than-expected operating profit due to weaker results from fixed income trading.was the worst performer on the Stoxx 600, down 5.7 per cent as analysts flagged a miss on costs after the firm’s earnings release.US shares were set to extend gains for the fourth straight session on Wednesday after a turbulent start to the year, as Google parent Alphabet and chip maker Advanced Micro Devices’ shares surged following strong quarterly results.rose 8.

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