European shares dipped on Aug. 20, ending a two-day rally, with investors rattled by Carlsberg's warning that profits would fall this year due to deteriorating conditions in Russia. Further souring the market mood was the spectre of a G7 central bank raising interest rates as soon as at the start of next year after Bank of England minutes showed two of the bank's nine rate-setting policymakers voted for a hike this month.
Russia's War Against Ukraine
Business Recorder: European shares dip as Carlsberg warns on Russia profits
The Danish brewer Carlsberg has warned that profits are now likely to fall in 2014 due to the Ukraine crisis.
