Market Pulse
UK trade deficit narrows more than expected in April, ONS reveals
Britain's trade deficit narrowed more than expected in April as exports on goods surged, official data showed on Thursday.
London open: Stocks fall as China inflation slows
London stocks declined on Thursday as China inflation slowed more than expected in May.
PZ Cussons reports on mixed year of trading
Consumer products group PZ Cussons issued a trading update on Thursday, confirming to the market that performance for the year ended 31 May was in line with expectations.
Glencore agrees to sell further stake in agriculture business
Glencore has agreed to sell a further 9. 99% stake in its agricultural business to Canada Pension Plan Investment Board, Canada’s largest pension fund.
HSBC Brazil sale receives regulatory approval
HSBC’s planned sale of its Brazil business to Bradesco reached a new milestone on Thursday, as the bank announced it has received unanimous approval from the Brazilian Administrative Council for Economic Defence.
London pre-open: FTSE to open lower after China inflation misses forecasts
London’s FTSE 100 is expected to open 20 points lower on Thursday after China inflation slowed more than expected in May.
Vodafone confirms NZ merger with TV operator
Vodafone confirmed local rumours surrounding its New Zealand operation, announcing it was merging with subscription television provider Sky to create an integrated telecommunications and media group.