Market Pulse
Thursday newspaper round-up: Brexit deal, Trump, bank exits, pharma warning
European leaders must "get on" with securing an ambitious trade deal between the UK and EU that will secure jobs and boost living standards after Brexit, the head of Britain's biggest business group says today. Carolyn Fairbairn, director general of the Confederation of British Industry (CBI), will call on policymakers to focus on the "real prize" of a trade deal worth hundreds of billions of pounds every year that will "dwarf" any potential divorce settlement. - Telegraph.
Vodafone extends relationship with Belgian partner Proximus
Vodafone and its Belgium-based partner Proximus announced on Thursday that they had agreed to renew their strategic partnership for Belgium and Luxembourg for a further five years, building on a “successful long-term relationship” that began in 2003.
Berendsen Q1 in line, CFO retires
FTSE 250 commercial laundry group Berendsen said first-quarter trading was in line with management expectations, as it announced the retirement of its chief financial officer.
Cobham says Q1 trading in line
FTSE 250 aerospace and defence group Cobham said on Thursday that first-quarter trading was in line with the board's expectations, following a string of profit warnings.
Schroders first-quarter assets up 5%
Fund manager Schroders reported a 5% jump in assets under management and administration for the first quarter.
London pre-open: Stocks to start lower with analysts divided on Trump tax-cut proposals
Trading is set to start on a soft note after some analysts were left feeling underwhelmed by the tax cut proposals which were announced by the White House on Wednesday night.
US close: Markets fall as investors react to Trump tax plan
US stocks were down on Wednesday as investors digested the details of President Donald Trump’s tax reform.