Shares in consumer goods giant Unilever inched roughly 2% higher on Thursday after it said late on Wednesday it would not raise its rejected 50 billion pound ($68 billion) offer for GlaxoSmithKline's consumer healthcare business.

Inflation in the euro zone will decrease gradually over the year as its main drivers, such as surging energy prices and supply bottlenecks, are expected to ease, European Central Bank (ECB) head Christine Lagarde told France Inter radio.

(Reuters) -Premier Foods expects its full-year profits to come in above market expectations, the group said on Thursday, as its trademark Mr Kipling brand delivered its best-ever Christmas sales after consumers splurged during the festive season.

Talks between India and Tesla Inc over potential tax benefits are deadlocked as the government is not keen to give the company any breaks without a commitment to manufacture locally, people familiar with the discussions told Reuters.

Premier Foods expects its full-year profits to come in above market expectations, as its trademark Mr Kipling brand delivered its best-ever Christmas sales after consumers splurged during the festive season.

SINGAPORE (Reuters) -A small blank-check firm backed by state investor Temasek made its Singapore debut on Thursday, marking the first such local listing as Singapore steps up a drive to emerge as a key venue for listings of this type.