The pan-European Stoxx 600 index slipped 1.3 per cent by 0813 GMT, with miners, travel & leisure and oil & gas posting losses between 1.4 per cent and 3.2 per cent.
Sweden’s H&M, the world’s second-biggest fashion retailer, slipped 3.2 per cent after reporting a rise in quarterly sales that was in line with expectations.slid 6.0 per cent after it said it had decided to pause plans to spin off and list its US cigar business.