The News Craving
Published by
Reuters UK
Reuters UK
By Elizabeth Howcroft LONDON (Reuters) – European shares opened higher on Tuesday, recovering slightly from last week’s 17-month lows as the selloff paused, but major central banks’ rate hike plans and global recession risks kept investors cautious. World stocks have edged higher so far this week, recovering from last week’s sharp selloff which saw global equities tumble to their lowest since November 2020 as expectations for central bank policy tightening to combat high inflation prompted investors to ditch risky assets. At 0750 GMT on Monday, the MSCI world equity index, which tracks shares …