UK Stocks-Factors to watch on April 8 (updated)

Polymetal International PK

08/04/2022 07:55

(Adds news items)
    April 8 (Reuters) - Britain's FTSE 100 index  .FTSE  is seen
opening higher on Friday, with futures  FFIc1  up 0.89%.
    
    * POLYMETAL: Russian precious metals producer Polymetal
International Plc  POLYP.L  said its auditor Deloitte LLP has
resigned, as the auditing firm decided to stop its operations in
Russia and Belarus in the aftermath of the Ukraine crisis.
 urn:newsml:reuters.com:*:nL3N2W616S 
    * FERREXPO: Ukraine-focussed miner Ferrexpo  FXPO.L  said it
was looking at alternative methods to deliver its iron ore
pellets to sea-borne markets, as ports in Ukraine remained shut
due to Russia's invasion.  urn:newsml:reuters.com:*:nL3N2W615Q
    * RIO TINTO: Rio Tinto Ltd  RIO.AX  said it had taken sole
charge of operations and production at refiner Queensland
Alumina Limited (QAL), partly owned by Russian aluminium
producer Rusal  RUAL.MM , following government sanctions.
 urn:newsml:reuters.com:*:nL3N2W53CB 
    * SAINSBURY: British supermarket chain Sainsbury's  SBRY.L 
will increase pay for its staff in outer London to the level
already achieved by staff in the capital's inner areas, a source
close the company said after pressure from shareholders.
    * CHANNEL 4: British broadcaster Channel 4 has warned the
government its privatisation would cost the economy 3 billion
pounds ($3.92 billion) and also put independent producers out of
business, The Times reported.  urn:newsml:reuters.com:*:nL3N2W53JA 
    * ITHACA-SICCAR POINT: Israeli energy conglomerate Delek
Group  DLEKG.TA  said its North Sea subsidiary Ithaca has
acquired private equity-backed Siccar Point Energy for $1.1
billion.  urn:newsml:reuters.com:*:nL2N2W51VP
    * FTSE 100: Britain's FTSE 100 slid on Thursday, weighed
down by oil major Shell after it flagged a bigger writedown
following its decision to exit Russia, while a jump in shares of
gambling firm 888 Holdings helped limit some losses on the
midcap index.  urn:newsml:reuters.com:*:nL3N2W51JE
    
    * For more on the factors affecting European stocks, please
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 (Reporting by Amna Karimi in Bengaluru)
 ((amna.karimi@thomsonreuters.com))