European shares fall as investors digest earnings deluge; Adidas sinks
German sportswear brand Adidas (ADSGn.DE), opens new tab warned that higher U.S. tariffs would add around 200 million euros ($231 million) to its costs in the second half, sending shares tumbling 7% to a near four-month low. Peer JD Sports (JD.L), opens new tab fell 0.8%.
Banks index (.SX7P), opens new tab dipped 0.9% a day after hitting its highest since September 2008. Swiss bank UBS (UBSG.S), opens new tab rose 3% after reporting its second-quarter profit more than doubled from last year's, while HSBC Holdings (HSBA.L), opens new tab fell 5% on posting first-half pretax profit below estimates.
The pan-European STOXX 600 index (.STOXX), opens new tab dropped 0.3% by 0720 GMT. Regional bourses were mixed, with Germany's blue-chip DAX (.GDAXI), opens new tab shedding 0.3%, while France's CAC 40 (.FCHI), opens new tab rising 0.1%.
Miner Rio Tinto (RIO.L), opens new tab dropped 1.4% after reporting its smallest first-half underlying profit in five years on subdued iron ore prices.
The outlook for European corporate health has improved, earnings forecasts showed on Tuesday, after the European Union struck a framework trade deal with the U.S. on Sunday following weeks of negotiations.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
South Wales Guardian
4 minutes ago
- South Wales Guardian
Lidl launches £19.99 self-cooling dog bed for the summer
Keeping your dog cool is very important during a heatwave, as they can get heatstroke without shade and plenty of water. Grooming your dogs can also be useful, as it can remove dead or excess hair, leaving a slightly less dense coat. The RSPCA also recommends giving your pet damp towels to lie on or an ice pack wrapped in a towel. Dogs can get heatstroke in heatwave temperatures, so owners need to look out for their welfare (Image: Getty Images) Lidl are offering a way to help with this, as they will be selling a Reversible Self-Cooling and Warming Dog Bed for £19.99. This will be available to buy in-store from Thursday, August 7, alongside some other pet products. Explaining how the product works, Lidl explained: "One side offers a cooling surface for hot summer days, while the flip side gently reflects the dog's body heat, creating snuggle-worthy warmth for cooler nights. "Available for only £19.99, this clever dog bed provides pups with year-round comfort." Lidl was set up in Germany in 1930 when Josef Schwarz became a partner in a company called Südfrüchte Großhandlung Lidl & Co. This had been established by Anton Lidl since at least 1858 under the name & Cie, specialising in the sale of exotic fruits. Schwarz renamed the company Lidl & Schwarz KG and expanded into a food wholesaler. In 1977, under his son Dieter Schwarz, the Schwarz Group began to focus on discount markets and larger supermarkets. Dieter wasn't keen on using his own name for this, as the name Schwarz-Markt translates to 'black market'. Recommended reading: Lidl shoppers 'can't unsee' hidden animal in supermarket logo - can you spot it? Tesco, Sainsbury's, Asda, Aldi, and Lidl to introduce huge car park changes Tesco, Sainsbury's, Morrisons, Asda prices set to increase by 33%, experts warn He wanted to use the name of his father's former business partner, but legal reasons prevented him from doing so. When he discovered a newspaper article about a painter and retired schoolteacher Ludwig Lidl, he bought the rights to the name from him for 1,000 German marks. From there, the Lidl name was used, and it expanded into many countries over time.
South Wales Argus
5 minutes ago
- South Wales Argus
Lidl launches £19.99 self-cooling dog bed for the summer
Keeping your dog cool is very important during a heatwave, as they can get heatstroke without shade and plenty of water. Grooming your dogs can also be useful, as it can remove dead or excess hair, leaving a slightly less dense coat. The RSPCA also recommends giving your pet damp towels to lie on or an ice pack wrapped in a towel. Dogs can get heatstroke in heatwave temperatures, so owners need to look out for their welfare (Image: Getty Images) Lidl are offering a way to help with this, as they will be selling a Reversible Self-Cooling and Warming Dog Bed for £19.99. This will be available to buy in-store from Thursday, August 7, alongside some other pet products. Explaining how the product works, Lidl explained: "One side offers a cooling surface for hot summer days, while the flip side gently reflects the dog's body heat, creating snuggle-worthy warmth for cooler nights. "Available for only £19.99, this clever dog bed provides pups with year-round comfort." Where did Lidl get its name? Lidl was set up in Germany in 1930 when Josef Schwarz became a partner in a company called Südfrüchte Großhandlung Lidl & Co. This had been established by Anton Lidl since at least 1858 under the name & Cie, specialising in the sale of exotic fruits. Schwarz renamed the company Lidl & Schwarz KG and expanded into a food wholesaler. In 1977, under his son Dieter Schwarz, the Schwarz Group began to focus on discount markets and larger supermarkets. Dieter wasn't keen on using his own name for this, as the name Schwarz-Markt translates to 'black market'. Recommended reading: He wanted to use the name of his father's former business partner, but legal reasons prevented him from doing so. When he discovered a newspaper article about a painter and retired schoolteacher Ludwig Lidl, he bought the rights to the name from him for 1,000 German marks. From there, the Lidl name was used, and it expanded into many countries over time.
Daily Mirror
6 minutes ago
- Daily Mirror
Full list of 35 surnames that might mean you're related to the Royal Family
MyHeritage has identified 35 surnames that could suggest a link to nobility - and is giving you the chance to find out if you're related to the Royal Family for free Many of us are eager to explore our ancestry, family history and potential kin. The days of painstakingly sifting through heritage records and census data are long gone, thanks to numerous online platforms that make this process simple and accessible, including MyHeritage. At the moment, MyHeritage is offering a 14-day free trial, giving individuals the opportunity to chart their family tree, uncover new relatives and delve into billions of historical records. They've even put together a list of 35 surnames that could potentially indicate a link to royalty. The company suggests that certain surnames have traditionally been associated with nobility and could strongly hint at a Royal lineage. If users carry one of these 35 surnames, they might be in for a shock when it comes to their family tree. While having these surnames doesn't guarantee a link to the royals, it offers an excellent starting point for those fascinated by their heritage. To find out more, individuals simply need to visit MyHeritage and begin building their family tree using the platform's tools that allow users to input names, dates, photos and stories to share with other potential relatives, before exploring historical archives containing census data, birth and death certificates, as well as marriage documentation. The platform also offers DNA testing services, providing customers with insights into their ethnic heritage and connecting them with family members. For those not taken by this service, there are alternative DNA platforms available, such as Ancestry. This service offers DNA analysis from £79, helping to organise and link customers with their relatives whilst offering insights into family roots. Another option is 23andMe, which provides DNA testing featuring ancestry breakdowns, personalised health information and additional services starting from £89. Here's the comprehensive list of 35 surnames that could suggest you're distantly related to the Royals: Windsor: The current British royal family's surname since 1917. Tudor: The Welsh dynasty that produced monarchs like Henry VIII and Elizabeth I. Stuart: A Scottish house that ruled England and Scotland in the 16th and 17th centuries. Plantagenet: A royal house that provided England with monarchs from Henry II to Richard III. Capet: The dynasty that ruled France from 987 to 1328. Bourbon: A European royal house that ruled France, Spain, and other territories. Habsburg: A prominent royal house of Europe, known for ruling the Holy Roman Empire. Hanover: The British royal house from George I to Queen Victoria. Valois: A cadet branch of the Capetian dynasty that ruled France. Lancaster: A branch of the Plantagenet dynasty, known for its role in the Wars of the Roses. York: Another Plantagenet branch, also central to the Wars of the Roses. Bruce: A Scottish royal house, with Robert the Bruce being a notable king. de Valois: A French royal house that produced several kings. de Medici: An influential Italian family that produced royalty and popes. Savoy: A royal family that once ruled parts of Italy and France. Orange-Nassau: The Dutch royal family. Oldenburg: A European royal house that includes the current Danish royal family. Glucksburg: A branch of the House of Oldenburg, associated with Danish and Norwegian royalty. Romanov: The last imperial dynasty to rule Russia. Baskerville: A noble family name with historical ties to English aristocracy. Darcy: A surname associated with medieval nobility and landowners in England and Ireland. Neville: A powerful English noble family with significant influence during the medieval period. Percy: An aristocratic English family known for their role in British history. Astley: A noble surname linked to the English peerage. Capell: A distinguished English family with historical ties to the aristocracy. Howard: A prominent aristocratic family in the UK, holding the title of Dukes of Norfolk. Seymour: The family of Jane Seymour, third wife of Henry VIII, with ties to the Dukedom of Somerset. Grey: Associated with Lady Jane Grey, England's nine-day queen. FitzAlan: A powerful medieval family, former Earls of Arundel. Courtenay: A noble family with connections to English and French royalty. Manners: The surname of the Dukes of Rutland, a high-ranking noble family. Russell: Connected to the Dukes of Bedford, an influential aristocratic lineage. Cavendish: The surname of the Dukes of Devonshire, a powerful British noble family. Talbot: A noble family holding the Earldom of Shrewsbury. Spencer: The family name of Princess Diana, tying it to the modern British royal family. MyHeritage boasts an impressive 4 out of 5 star rating on Trustpilot. One satisfied customer commented: "Immediate accurate statistics of my immediate family members." Another user said: "Regular updates of discoveries, positive results. This site is not just about the money, it is about genuine results for the family history researcher. "My family history has expanded and the format is easily understood. Changes are quick and easy. Thank you," another user remarked. However, not everyone was impressed, with one user expressing: "I don't fully understand it. I can't find a user guide, difficult to navigate, Help Center does not always understand my problems." However, another amateur genealogist described their use of the site as an 'enjoyable experience,' stating: "Finding related families and information relating to individuals has been a wonderful experience. MyHeritage has made it even easier to trace ancestors and verify relations." The DNA tests and platform can be accessed on the MyHeritage website.
