European stocks down, yen hits 20-year low as US hikes loom

European shares were lower on Tuesday, while yields on 10-year U.S. inflation-linked bonds were close to turning positive for the first time in two years, as the prospect of aggressive Fed tightening to rein in inflation kept investors on edge.
Carlsberg raises guidance as beer volumes recover

Danish brewer Carlsberg (CARLb.CO) raised its full-year earnings guidance on Wednesday after reporting second-quarter sales above expectations as beer volumes exceeded pre-pandemic levels.
MORNING BID A new sunny day, with the same old clouds

It’s a new week, a new month and time for a fresh start – but the problems niggling at markets this morning are still the same.