European shares lower as BP weighs, trade tensions intensify again

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Sept 30 (Reuters) - European shares were lower on Monday,
with shares of oil major BP lagging, while fresh concerns about
U.S.-China trade and looming U.S. tariffs on European imports
added to the pessimistic mood.

Shares in BP fell 0.5%, after a report said the oil
major's Chief Executive Officer Bob Dudley is preparing to step
down.

The European oil & gas sector fell 0.4%, weighing
the most on the pan-European STOXX 600 index, which
dipped 0.1%.

A report on Friday that the U.S. may limit Chinese company
listings on its stock exchanges fueled more U.S.-China trade
angst ahead of the critical negotiations next week.

However, a rise in German retail sales in August helped ease
some worries that a recession in manufacturing would hurt
consumer spending in Europe's top economy.
(Reporting by Shreyashi Sanyal in Bengaluru; Editing by Bernard
Orr)