Full-year figures from British retailer Sainsbury fail to cheer investors. Its next hurdle is to persuade competition authorities to allow a £15 billion merger with rival Asda.
First-quarter figures for global consumer giant Unilever show sales up but prices flat. Investors marked the shares down despite upbeat talk from the chief executive.
Stock prices advanced broadly on Friday as investors stepped up their buying shrugging off recent interest rate and inflation worries.
There was little cheer from the FTSE 100 earlier, sinking -0.30% as IAG shares lost altitude, down -5.5%.
Tesla’s electric trucks could soon pay off, according to German juggernaut Deutsche Post DHL – the world’s biggest logistics company.
Bosses at UK house-builder Persimmon are to take cuts to their bonuses worth £51m after criticism from shareholders.
Standard Life Aberdeen, the newly merged fund management business, is to sell its insurance arm to Phoenix Group in a £3.2bn deal.