Global shares up after data backs rate cut expecta

By Marc Jones LONDON (Reuters) - European shares built on their best day in seven months and the euro dropped to a three-week low on Wednesday after weak data bolstered expectations for a European Central Bank rate cut. Europe's stock markets have rallied as poor data from the euro zone has raised hopes the ECB will cut the main interest rate next week to a new record low of 0.5 percent and consider more radical measures such as targeted lending aid for firms. ...