Markets

China's economic recovery quickened sharply in the first quarter to record growth of 18.3% from last year's deep coronavirus slump, propelled by stronger demand at home and abroad and continued government support for smaller firms.
The world's second biggest economy has bounced back strongly since last year but the pace of recovery is becoming more modest.
Carve-up of KBC and Ulster Bank among remaining lenders will shrink competition
The Belgian bank is planning to sell its performing loans to Bank of Ireland
Ocado has announced plans to invest £10 million in autonomous vehicle software firm Oxbotica, in a bid to reduce operation and delivery costs.