European shares closed on Monday at a more than seven-week high as a jump in travel and technology stocks helped outweigh a drag from China-exposed luxury giants. The benchmark STOXX 600 index rose 0.3%, extending gains after its third straight weekly rise. Gains in Flutter Entertainment Plc and Ryanair , up 4.2% and 3.8% respectively, drove Europe's travel & leisure stocks to a near three-month high. The index closed up 1.6%. An arbitrator on Friday reaffirmed Fox Corp has 10 years to exercise its option to acquire an almost one-fifth stake in Flutter-owned betting app FanDuel. Irish stocks jumped 1.9%,...