may 10 reuters  european shares inched higher on wednesday as credit agricole gained after posting upbeat earnings while investors were on tenterhooks ahead of us inflation data that is likely to shape expectations for rate cuts in the worlds largest economy the paneuropean stoxx 600 index stoxx was up 01 as of 704 gmt us consumer price index cpi data due at 830 am et 1230 gmt comes after a strong payrolls report last week dampened hopes of rate cuts from the federal reserve anytime soon shares of credit agricole sa cagrpa gained 38 after frances secondbiggest listed bank beat firstquarter earnings estimates on a boost from trading revenue siemens healthineers  shlgde fell 53 as the medical device maker said it was discontinuing its heart surgery robots business after its quarterly operating profit fell 30 swedish orphan biovitrum sobivst dropped 153 to the bottom of the stoxx 600 after the drug maker said it had agreed to make a 17 billion cash offer to buy usbased cti biopharma ctico 