UPDATE 1-European shares fall amid earnings deluge; Reckitt slides on outlook cut

European shares fell on Tuesday as investors sifted through a mixed bag of corporate earnings and eyed latest developments on U.S.-China trade talks and Britain’s progress towards some form of orderly departure from the European Union. British household goods maker Reckitt Benckiser was the biggest drag on STOXX, slipping to its lowest level in more than one-and-a-half years after it cut full-year sales forecast for the second time this year. “We’ve had a disappointment from Danone last week and Reckitt-Benckiser today on the consumer side,” said Mark Peden, investment manager, equities at Kames Capital.