The FTSE 100 is down 18.39 points to 7,769 although the index had reached dizzying heights this week as oil majors rallied. Trade war fears were stoked again with an escalation of rhetoric from President Donald Trump.Pharma giant AstraZeneca (AZN) retreats 3.1% to £51.80 as the company reports core operating profit is down 46% to $896m in its first quarter. The company did manage to increase...

On the anniversary of the Brexit vote the FTSE 100 is down by over 30 points to 7408.85 as bluechip companies feel the pain of sterling's gains against both the euro and the dollar. Some of the large pharma and mining stocks are particularly exposed to a stronger pound as they derive a large proportion of their revenue from overseas.Mining giant Rio Tinto (RIO) has completed its programme of...