[BENGALURU] European shares edged lower on Wednesday on unease over developments in the US-China trade war and Britain's uncertain departure from the European Union.
Banks and Brexit-sensitive stocks led losses as some investors switched into safe-haven euro zone bonds as pressure grew on UK Prime Minister Theresa May to resign after lawmakers in her own party rejected her compromise deal on exiting the EU. London's FTSE 100 pared most of its early gains to close 0.07 per cent higher as declines in Brexit-sensitive stocks such as housebuilders and retailers accelerated. The exporter-heavy index had outperformed its peers earlier in the session bolstered by a weak pound.
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