European shares retreated on Tuesday, with carmakers and luxury goods stocks among the worst performers after China devalued its yuan currency, Reuters reported. However, the Athens stock market - which has consistently underperformed this year due to concerns over Greece's debt problems - rose after Greece and its international lenders reached a new bailout deal. The pan-European FTSEurofirst 300 index and the euro zone's blue-chip Euro STOXX 50 index both declined by 0.6 percent. The FTSEurofirst is up around 15 percent since the start of 2015.
