European shares rise on energy, set for weekly losses

European shares rose at the open on Tuesday, helped by gains in energy stocks, but were set for their worst week in nearly two months.

The pan-European STOXX 600 index was up 0.4% by 0818 GMT after falling more than 1% in the previous session.

However, the index is set to fall 2.6% this week, its second straight weekly decline, according to Reuters.

Reckitt jumped 10.3% after the consumer goods company was found not liable in its latest infant formula case.

The Swiss consumer price index rose 0.6% in October, data showed

Travel stocks fell 0.3%, led by a 1.5% drop in Lufthansa after HSBC downgraded the stock.