UPDATE 1-European shares recover; French luxury stocks hit by U.S. tariff threat <!-- no image --> <div>* Unicredit gains on buyback, cost cut plans (For a live blog on European stocks, type LIVE/ in an Eikon news window)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=6sssWGSSiRQ:8-NSKQLAIJw:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=6sssWGSSiRQ:8-NSKQLAIJw:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=6sssWGSSiRQ:8-NSKQLAIJw:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=6sssWGSSiRQ:8-NSKQLAIJw:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=6sssWGSSiRQ:8-NSKQLAIJw:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/6sssWGSSiRQ" height="1" width="1" alt=""></div> Posted by Reuters