European shares edged higher early on Tuesday as relief at moves to defuse a cash squeeze in China was tempered by a batch of disappointing corporate updates, Reuters reported. The People's Bank of China dumped more than 255 billion yuan ($42 billion) into the financial system, easing concerns about a credit crunch that could hamper growth in the world's No.2 economy. The FTSEurofirst 300 index of Europe's largest shares was up 0.3 percent at 1,347.53 at 0840 GMT, while the euro zone's blue-chip Euro STOXX 50 was up 0.4 percent at 3,165.64 points.