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Europe midday: Shares continue slide as bond yields rise
European stocks continued their slide on Wednesday on the back of surging bond yields and oil prices as investors fretted about inflation.
Tesco lifts FY guidance as interim sales, profit soar
UK supermarket chain Tesco lifted full year earnings guidance after strong first-half sales helped interim profits to more than double against a backdrop of labour shortages and cost pressures.
Europe open: Shares slide as bond yields, oil prices surge
European stocks opened sharply lower on Wednesday on the back of surging bond yields and oil prices as investors fretted about inflation.
UK's FRC to probe French Connection audit by Mazars
Britain's accounting watchdog said it had opened an investigation into the audit of fashion retailer French Connection Group by accountants Mazars.
TUI in €1.1bn capital raise as summer bookings pick up
Travel company TUI said it planned to raise €1. 1bn (£940m) through a fully-underwritten capital increase to help pay down massive debts incurred during the Covid pandemic, as it reported a rebound in holiday bookings.