FTSE 100 outperforms European peers on strong earnings, upbeat GDP data ...Middle East

London's FTSE 100 rebounded on Wednesday, supported by positive earnings updates from companies including Diageo, while stronger-than expected monthly GDP data bolstered optimism about a sharp recovery from the pandemic-driven slump last year. The blue-chip index rose 0.3%, with spirits maker Diageo adding 2.7% after it forecast organic operating profit growth to be at least 14% in its current fiscal year and restarted its capital return programme.

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