Beef Braised with Red Wine

Name: Beef Braised with Red Wine
Ingredients: 1/4 cup olive oil; 8 ounces button mushrooms trimmed and quartered if large; 5 strips bacon cut into 1/2-inch pieces; 3 lbs. boneless beef rump roast cut into 1-inch pieces; Coarse salt and ground pepper; 1 clove garlic smashed; 1 tablespoon tomato paste; 2 tablespoons flour; 3 cups dry red wine; 2 cups low-sodium chicken broth; 1 bay leaf; 4 carrots peeled and cut into 1-inch chunks; 10 ounces pearl onions peeled; 2 tablespoons butter cut into pieces; 2 tablespoons parsley chopped (optional)