Unilever CFO to retire, shares fall
Bunzl falls on Brazil, Spain business acquisition
Hunting clocks best day in ninemonths on lifting FY outlook
WPP logs best day in three weeks on Nvidia partnership
FTSE 100 down 0.1, FTSE 250 adds 0.4
May 30 Reuters UK39;s FTSE 100 edged lower on Tuesday after a long weekend, with investors avoiding big bets on fresh worries over the U.S. debt deal, while advertising firm WPP logged its best day in over three weeks on its partnership with chipmaker Nvidia.
World39;s largest advertising group WPP Plc rose 2.0 after announcing its partnership with U.S.based chipmaker Nvidia Corp to build generative AIenabled content for digital advertising.
This engine would enable WPP creative teams to efficiently produce commercial content at scale, Silvia Cuneo, director at Deutsche Bank wrote in a note.
We think this collaboration strengthens WPP39;s position in new technologies and generative AI, and should be reassuring for the sentiment on the stock.
The broader media sector housing WPP climbed 0.4.
Meanwhile, the internationallyfocused FTSE 100 was down 0.1, after a few U.S. Republican lawmakers said they would oppose the deal to raise the United States39; debt ceiling.
The midcap FTSE 250 ticked 0.4 higher, boosted by a 17.1 surge in Hunting Plc after the oil services provider lifted its annual core earnings outlook.
Defensive sectors such as healthcare stocks and utilities were also among the top gainers.
UK equities have…