UPGRADE 1-UK Stocks-Factors to see on June 7

(Includes futures and company news item) Britain’s FTSE 100 index is seen opening down 6
points, or 0.10 percent, on Tuesday, according to monetary bookies, with
futures up 0.14 percent ahead of the cash market open. For more on the
factors affecting European stocks, please click * The UK blue chip index closed up 1 percent at 6,273.40 points on Monday,
with a rally in metals rates improving the UK mining index to a one-month high,
although housebuilders fell on issues surrounding the June 23 mandate on
the country’s EU subscription. * SHELL: Royal Dutch Shell stated on Tuesday it would offer up to 10
percent of its oil and gas production, leaving up to 10 countries to cut costs
following its $54 billion acquisition of BG Group. * GLENCORE: A U.S. judge on Monday said Glencore Plc should face a.
private antitrust lawsuit accused it of attempting to monopolize the marketplace for.
special state-of-the-art zinc, driving up its rate.

* OPHIR: Oil and gas explorer Ophir Energy Plc said on Monday it.
was speaking with a range of equity financiers, in addition to gas buyers to assist.
finance its Fortuna FLNG project in Equatorial Guinea, after Schlumberger.
walked away. * BP: BP Plc plans to reboot the catalytic reformer at the 413,500.
barrel daily (bpd) Whiting, Indiana refinery today after completing a.
10-week overhaul on the system, sources acquainted with plant operations stated on.
Monday. * BHP: BHP Billiton on Monday announced a $7.4 million.
donation to Peking University to develop innovation to record carbon emissions.
from the iron and steel industries.

* SPORTS DIRECT: Mike Ashley, the billionaire founder of Sports Direct.
, is set to face tough questions from British lawmakers on Tuesday over.
working practices at his sportswear firm. * BRITAIN RETAIL: British shoppers parted with more of their cash in May however.
uncertainty about the economy is most likely to keep a lid on sales development, a study.
revealed on Tuesday. * BREXIT: Britons directly favour remaining in the European Union according.
to 2 surveys released in Tuesday’s newspapers, in contrast to surveys released.
on Monday which showed the advocate Brexit ahead.

* COPPER: London copper came off a discuss Tuesday however remained near.
four-week highs as the dollar stayed under pressure after Fe Chair Janet Yellen.
stated a rate hike was on the horizon however did not specify when. * BRENT CRUDE: Brent crude rates inched lower on Tuesday after meeting a.
seven-month high a day previously, but market momentum appeared strong on a weak.
dollar, French refinery restarts, Nigerian oil infrastructure attacks and.
falling U.S. unrefined inventories. TODAY’S UK DOCUMENTS > > Financial Times > > Other business headlines.
Multimedia versions of Reuters Top News are now offered for:.
* 3000 Xtra: see topnews.session.rservices.com.
* BridgeStation: view story.134.
For additional information on Top News visit.
topnews.reuters.com.

( Reporting by Rahul B in Bengaluru; Modifying by Sunil Nair).

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *