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VEDL - Vedanta News Story

₹132.4 2.4  1.9%

Last Trade - 5:35am

Sector
Basic Materials
Size
Large Cap
Market Cap £5.14bn
Enterprise Value £9.14bn
Revenue £9.02bn
Position in Universe 57th / 3010

UPDATE 1-UK Stocks-Factors to watch on Feb. 4

Mon 4th February, 2019 7:49am
(Adds company news items and futures)
    Feb 4 (Reuters) - Britain's FTSE 100  .FTSE  index is seen opening 1 point
higher at 7,021 on Monday, according to financial bookmakers, with FTSE 100
futures  .FFIc1  down 0.08 percent ahead of the cash market open.
    * TAPTICA: Video advertising company Taptica International Ltd  TAP.L  said
on Monday it had agreed terms for a merger with rival RhythmOne Plc  RTHM.L  in
an all-share deal to be put to shareholders for final approval. urn:newsml:reuters.com:*:nL3N1ZZ20C   
    * INDIVIOR: Drugmaker Indivior Plc  INDV.L  said on Monday it is selling its
rights related to the Sai Bo Song tablet in China to privately-held Zhejiang
Pukang Biotechnology Co. Ltd, which focuses on vaccines, for $122.5
million. urn:newsml:reuters.com:*:nL3N1ZZ1Y1
    * FLYBE: Flybe Group Plc  FLYB.L  said it would call a general meeting to
consider a request by its largest shareholder that it replace Chairman Simon
Laffin. urn:newsml:reuters.com:*:nL3N1ZZ1YQ
    * GLENCORE: Global trader Glencore is close to finalising a deal to make a
$500 million payment to the mining arm of Brazil's Companhia Siderurgica
Nacional (CSN) for iron ore cargoes to be delivered over five years, sources
familiar with the matter said.  urn:newsml:reuters.com:*:nL5N1ZW65U
    * ANGLO AMERICAN: Indian miner Vedanta Ltd  VDAN.NS  said on Monday that its
foreign unit Cairn India Holdings Limited's investment in Anglo American Plc
 AAL.L  met all governance requirements.  urn:newsml:reuters.com:*:nL3N1ZZ18L
    * FLYBE/STOBART GROUP: British airline Flybe  FLYB.L , which is being bought
by a consortium of Virgin Atlantic, Stobart Group  STOB.L  and Cyrus Capital,
said on Sunday it had been approached by Stobart's ex CEO Andrew Tinkler about a
possible alternative financing proposal.
    * GOLD: Gold prices dipped slightly on Monday as the dollar held steady on
upbeat U.S. jobs and factory data that prompted markets to reduce bets on a rate
cut later this year. urn:newsml:reuters.com:*:nL3N1ZZ0ZV 
    * OIL: Crude oil prices edged lower on Monday after sharp gains during the
previous session but were supported by expectations of shrinking supply and
signs that China-U.S. trade tensions could ease. urn:newsml:reuters.com:*:nL3N1ZZ17C
    *  The UK blue chip index closed 0.74 percent up at 7020.22 on Friday, as
signs the United States and China could soon settle their protracted trade
dispute offset disappointing data from China, while TalkTalk sank after warning
rising costs would hit its earnings.  urn:newsml:reuters.com:*:nL5N1ZW2OM
    
    * For more on the factors affecting European stocks, please click on:
 LIVE/ 
        
    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
 * For Top News : http://topnews.reuters.com

 (Reporting by Adil Bhat in Bengaluru)
 ((adilbhat@thomsonreuters.com))
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