Upbeat earnings lift European stocks

Upbeat earnings lift European stocks
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)Oct 25 (Reuters) - European stocks rose on Tuesday after a slew of better-than-expected earnings reports helped offset worries about fast rising interest rates and a slowing euro zone economy.The pan-European STOXX 600 index rose 0.5% by 0717 GMT, with media and technology stocks countering losses in chemical firms.SAP gained 3.9% after the German business software maker reported faster-than-expected revenue growth for the third quarter, while Logitech International rose 4.8% after the computer peripherals maker reaffirmed its full-year forecast.UBS climbed 3.5% after the Swiss bank beat market expectations for quarterly profit due to a rise in new money inflows.Among decliners, German chemicals maker Covestro fell 1.9% after it cut its 2022...