May 25, 2018 / 5:43 AM / 3 months ago

UK Stocks-Factors to watch on May 25

    May 25 (Reuters) - Britain's FTSE 100 index is seen opening up 48
points at 7,765 on Friday, according to financial bookmakers.    
    * SHELL: A British judge ruled on Thursday that Nigeria's Bodo community,
which has been involved in a protracted legal battle with Shell over
the clean-up of two 2008 oil spills, should retain the option of litigation for
another year.
    * VEDANTA RESOURCES: India's Tamil Nadu state said on Thursday that it was
seeking a permanent closure of a big copper smelter run by London-listed Vedanta
Resources after 13 people died in protests demanding the closure of the
plant on environmental grounds.
    *  SHELL: An auction of oil by the Brazilian government from coveted
offshore pre-salt fields has only attracted the interest of one bidder, Royal
Dutch Shell Plc.
    * VODAFONE: The Indian government has allowed the merged entity of Vodafone
India Ltd and Idea Cellular Ltd to clear dues related to spectrum charges and
licence fees, a departure from the telecom department's earlier stand that the
merger will be approved subject to the payment of all dues, the Mint newspaper
said. bit.ly/2IJuO7p
    * The UK blue chip index closed down 0.92 percent at 7,716.74 on Thursday, 
as global markets took a hit when Trump announced he had called off the June 12
summit "based on the tremendous anger and open hostility" from Pyongyang.
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
    
    * UK CORPORATE DIARY:      
   Pennon Group                  FY18
   Spectris Plc                  Q118
       SSE                       FY18
 
    TODAY'S UK PAPERS
    > Financial Times                     
    > Other business headlines            
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 (Reporting by Sangameswaran S in Bengaluru)
  
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