European shares up on U.S. rate outlook, led by Casino; Burberry slumps

jueves 15 de octubre de 2015 04:49 GYT

* FTSEurofirst 300 and Euro STOXX 50 both up 1 percent

* Good set of results lifts French retailer Casino

* Burberry slumps as China slowdown leads to sales miss

* Profit warning sends shipbuilder Fincantieri to all-time low

* Eyes on earnings, U.S. consumer prices data

By Danilo Masoni

MILAN, Oct 15 (Reuters) - European shares rose on Thursday after three days of losses, tracking gains in Asia on growing expectations the United States will delay any rate hike until 2016, with retailer Casino and consumer goods maker Unilever lifted by positive results.

The pan-European FTSEurofirst 300 index and the euro zone's blue-chip Euro STOXX 50 index both gained around 1 percent.

Investors were focusing on a raft of corporate results in Europe and the United States, while U.S. consumer prices data on Thursday will also be closely watched for clues over the timing of a rate increase in the world's largest economy.   Continuación...