European shares fall as investors digest earnings deluge; Adidas sinks

European shares dipped ahead of earnings, central bank updates, and tariff deadline.

Adidas slumped 7% after warning of €200 million hit from US tariffs.

UBS jumped 3% on strong Q2 profit; HSBC fell 5% on weak results.

Rio Tinto dropped 1.4% after reporting 5-year low in H1 profit.