Tesco, Alphabet, Jimmy Choo: Everything that matters this morning

Alphabet revenues soar but profits take a hit after Google’s EU fine
Google’s parent company Alphabet saw revenues in the quarter to the end of June soar by 21% year on year to $26bn, with its ad business accounting for the vast majority of that turnover and suggesting that the brand safety issue has had little impact on the company.
Profit was down 30% year on year to $3.5bn due to the £2.1bn fine issued by the European Union after it ruled Google had abused its market positio