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FTSE rallies on weaker pound and higher oil prices

Sterling weakened despite a fall in UK inflation from 2.7% in February to 2.5% in March, helping the FTSE 100 gain positive momentum.

BHP Billiton iron ore, copper output rises as coal, petroleum output falls

BHP Billiton said iron ore and copper production rose for the first nine months ended 31 March, but petroleum and coal production fell. The company downgraded its outlook for copper production and iron ore.

Unilever sales up 3.7% in first quarter

Unilever has reported underlying sales growth, excluding spreads, of 3.7% in the first quarter.

Sky like-for-like revenue grows 5%

Sky grew its like-for-like revenue grew by 5%, or £441 million, to £10,144 million in the nine months to 31 March, with good growth in all territories and all categories.

AstraZeneca lung cancer drug Tagrisso gets FDA approval

AstraZeneca said Thursday the US Food and Drug Administration approved its lung cancer treatment Tagrisso for the first-line treatment of patients with metastatic non-small cell lung cancer.

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