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Unilever reports better-than-expected sales, Rentokil performs 'very well' in third quarter
London open The FTSE 100 is expected to open 17 points lower on Thursday, having closed down 1. 91% on Wednesday, at 5,776. 50.
Thursday newspaper round-up: Covid support package, wealth divide, Tesla, Asda
Rishi Sunak is expected to announce his fourth package of support for business in as many months amid mounting pressure on the government to help hard-hit companies in lockdown-affected regions. Trades unions and the UK’s five big employers’ organisations have been summoned to the Treasury on Thursday morning to hear details of the chancellor’s plans before he makes a statement to MPs. - Guardian.
Unilever Q3 sales rise 4.4% in return to growth
Consumer goods giant Unilever on Thursday reported a better-than-expected 4. 4% rise in underlying third quarter sales as people continued to buy more hygiene and food products.
US close: Markets turn weaker as investors watch stimulus progress
Wall Street stocks closed in negative territory on Wednesday, as investors kept an eye on progress with regards to coronavirus stimulus talks.