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VEDL - Vedanta News Story

₹302 -7.1  -2.3%

Last Trade - 17/09/21

Sector
Basic Materials
Size
Large Cap
Market Cap £11.03bn
Enterprise Value £12.95bn
Revenue £9.90bn
Position in Universe 45th / 3148

UK Stocks-Factors to watch on Feb 29

Mon 29th February, 2016 6:56am
Feb 29 (Reuters) - Britain's FTSE 100  .FTSE  index is seen opening down 
around 56 points, or 0.9 percent, on Monday, according to financial bookmakers. 
For more on the factors affecting European stocks, please click on  urn:newsml:reuters.com:*:nL8N1680LG  
     
    * The UK blue chip index closed 1.38 percent higher on Friday at 6,096.01, 
boosted by a rally in publisher Pearson  PSON.L  and London Stock Exchange Group 
 LSE.L , though Royal Bank of Scotland  RBS.L  reported its eighth full-year 
loss in a row.  urn:newsml:reuters.com:*:nL8N1654WO 
    * LONDON STOCK EXCHANGE: The proposed merger of Europe's two biggest 
financial exchanges is effectively bullet-proofed against a British vote to 
leave the European Union, London Stock Exchange Group  LSE.L  and Deutsche 
Boerse  DB1Gn.DE  said on Friday.  urn:newsml:reuters.com:*:nL8N1651VJ 
    * HIKMA PHARMACEUTICALS: Drug manufacturer Hikma Pharmaceuticals Plc  HIK.L  
will sell the rights and assets of two generic drugs and relinquish its U.S. 
marketing rights to a third generic drug in order to settle Federal Trade 
Commission charges that Hikma's proposed $2 billion acquisition of Roxane would 
likely be anticompetitive, the FTC said on Friday.  urn:newsml:reuters.com:*:nEMN4BT61P  
    * BARCLAYS: Barclays Plc  BARC.L  said the company's board was evaluating 
strategic options in relation to its shareholding in its African business, 
Barclays Africa Group Ltd  BGAJ.J . The bank expects to update the market on 
plans for its African business at its 2015 full-year results announcement, due 
on Tuesday, Barclays said late on Sunday.  urn:newsml:reuters.com:*:nL2N1670J0 
    * BARCLAYS: Barclays Plc  BARC.L  will pay its former chief Antony Jenkins a 
performance bonus of 500,000 pounds, Sky News reported. (http://bit.ly/1QdY9RX) 
   
    * TESCO: Tesco  TSCO.L , Britain's biggest retailer, played down a newspaper 
report on Saturday that it was considering cutting 39,000 store staff over the 
next three years, saying it had no current plans to lay off more employees. The 
Guardian newspaper said the job reduction proposals were revealed in a leaked 
document detailing a programme called "Project Pace", an extract of which was 
posted on the website verylittlehelps.com, a forum used by Tesco staff. 
 urn:newsml:reuters.com:*:nL8N1660CA    
    * GRID OPERATORS: Britain faces an electricity supply shortage next winter, 
National Grid  NG.L  data showed, which could force the grid operator to seek 
extra reserves to make sure the lights stay on. Forecast demand for electricity 
in Britain is higher than expected supply for a total of 11 weeks over winter 
2016/17, the data published on the National Grid's Balancing Market Report 
website showed on Thursday.  urn:newsml:reuters.com:*:nL8N1654LS  
    * BHP BILLITON: Brazil's government and Samarco Mineracao SA  SAMNE.UL  will 
announce on Monday the settlement of a lawsuit for damages caused by a deadly 
dam spill at a mine in November, Brazilian Attorney General Luis Inacio Adams 
told Reuters on Friday.  urn:newsml:reuters.com:*:nL3N1655TF  
    * VEDANTA: Vedanta Ltd  VDAN.NS , a unit of London-listed Vedanta Resources 
Plc  VED.L , has won India's first-ever auction of a gold mine, a provincial 
government official said, as the nation opens up the sector to private companies 
to curb overseas purchases of the metal that cost it $36 billion last year. 
 urn:newsml:reuters.com:*:nL3N16607A 
    * GSK: GlaxoSmithKline  GSK.L  is preparing a formal search process for its 
next chief, the Financial Times reported. (http://on.ft.com/1TfWSh7) 
  
    * FINTECH: Global regulators may propose rules to prevent "fintech" 
innovations from destabilising the broader financial system, the G20's Financial 
Stability Board said on Saturday.  urn:newsml:reuters.com:*:nL8N1660A8  
    * BREXIT: The campaign to take Britain out of the European Union in a June 
23 referendum has taken a 4 percentage-point lead, according to an online survey 
taken by the ORB pollster for The Independent newspaper published on Friday. 
 urn:newsml:reuters.com:*:nL8N16556W 
    * BREXIT: London Mayor Boris Johnson urged British government ministers to 
join the campaign to leave the European Union in a newspaper interview on 
Saturday, again defying Prime Minister and fellow Conservative David Cameron. 
 urn:newsml:reuters.com:*:nL3N166069  
    * BREXIT: British finance minister George Osborne said on Saturday that top 
finance officials from the Group of 20 nations were unanimous that a possible 
British exit from the European Union would be a shock to the global economy. 
 urn:newsml:reuters.com:*:nL8N1660BE 
    * OIL: Crude futures rose on Monday after gaining over 15 percent last week, 
with some indicators pointing to the possibility the market could be bottoming 
out.  urn:newsml:reuters.com:*:nL3N16819V    
 
    * UK CORPORATE DIARY: 
     
 Bunzl PLC                     BNZL.L   Full Year  
 Johnson Service Group PLC     JSG.L    Full Year  
 Waterman Group PLC            WTM.L    Half Year  
 Jupiter Fund Management PLC   JUP.L    Full Year  
 DX (Group) PLC                DXDX.L   Half Year 
 Keller Group PLC              KLR.L    Full Year  
 Senior PLC                    SNR.L    Full Year  
 Ultra Electronics Holdings    ULE.L    Full Year  
 PLC                                     
 Photo-Me International PLC    PHTM.L   Q3  
 Hiscox Ltd                    HSX.L    Full Year 
  
    TODAY'S UK PAPERS 
    > Financial Times                       PRESS/FT  
    > Other business headlines              PRESS/GB  
 Multimedia versions of Reuters Top News are now available for: 
 * 3000 Xtra    : visit http://topnews.session.rservices.com 
 * BridgeStation: view story .134 
 For more information on Top News visit 
 http://topnews.reuters.com 
 
 
 
 (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Sunil Nair) 
 ((noor.hussain@thomsonreuters.com; Within UK +44 20 7542 1810; Outside UK +91 
80 6749 2764; Reuters Messaging: noor.hussain.thomsonreuters.com@reuters.net)) 
 
Keywords: BRITAIN STOCKS/FACTORS
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