City snapshot: Unilever’s sales growth slows on US and European weakness

Unilever’s underlying sales growth slowed to 2.9% in the third quarter as low growth in Europe and North America dragged back stronger sales in emerging markets. Plus, on a busy day, WH Smith announces $400m US acquisition, Nestlé launches CHF20bn buyback, Pernod Ricard posts muted first quarter growth and all the rest of the latest news from the City.