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UPDATE 1-UK Stocks-Factors to watch on March 25

Mon, 25th Mar 2019 07:41

March 25 (Reuters) - Britain's FTSE 100 is seenopening 27 points lower at 7,181 on Monday, according tofinancial bookmakers, while FTSE 100 futures were down0.38 percent ahead of the cash market open.* MAJESTIC: Majestic Wine said on Monday it wouldfocus on its online wine retail business Naked Wines byreleasing capital from its Retail and Commercial operations asBritain nears its exit from the European Union.* INMARSAT: A private equity-led consortium on Monday agreedto buy British satellite operator Inmarsat for about$3.4 billion in cash.* CONVATEC: British medical devices maker ConvaTec Group Plcon Monday named Genus Plc's top boss KarimBitar as its chief executive officer and said ChairmanChristopher Gent would retire from his role.

* ROYAL DUTCH SHELL: Just over a year after buying FirstUtility, Royal Dutch Shell has rebranded the Britishhousehold energy supplier and is switching all its customers torenewable electricity as the oil and gas giant seeks to expandits low-carbon business.

* FLACKS: Flacks Group said on Friday it would not make anoffer for Laura Ashley Holdings, nearly a month afterthe British fashion retailer dismissed an unsolicited takeoveroffer from the investment firm.

* GVC Holdings: Ladbrokes owner GVC Holdings Plc'schairman, Lee Feldman, is preparing to leave the company, daysafter offloading a large stake at a discounted price, Sky Newsreported on Friday.

* GOLD: Gold rose on Monday as investors' appetite forriskier assets faded on concerns about a potential U.S.recession and decelerating global growth, increasing appeal forthe bullion alongside yen and bonds.

* OIL: Oil prices dropped by almost 1 percent on Monday,with concerns recession could be looming outweighing supplydisruptions from OPEC's production cutbacks and from U.S.sanctions on Iran and Venezuela.

* The UK blue-chip index closed 0.21 percent lower at7207.59 on Friday as a surge in the pound weakened exporterstocks and poor manufacturing data from the euro zone and theUnited States pulled the index deeper into the red.

* For more on the factors affecting European stocks, pleaseclick on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlinesMultimedia 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)

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3 Dec 2021 09:44

LONDON BROKER RATINGS: Jefferies ups SSE, AJ Bell; Deutsche likes BP

LONDON BROKER RATINGS: Jefferies ups SSE, AJ Bell; Deutsche likes BP

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3 Dec 2021 08:43

LONDON MARKET OPEN: Stocks rebound on oil and travel; US jobs ahead

LONDON MARKET OPEN: Stocks rebound on oil and travel; US jobs ahead

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2 Dec 2021 18:54

UPDATE 2-Shell scraps plans to develop Cambo North Sea oilfield

(Adds detail)By Ron Bousso and Shadia NasrallaLONDON, Dec 2 (Reuters) - Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo oilfield in the British North Sea, which became a lightning rod for climate activists seeking to ...

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2 Dec 2021 18:54

UPDATE 1-Shell scraps plans to develop Cambo North Sea oilfield

(Adds Siccar Point statement, background)LONDON, Dec 2 (Reuters) - Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo North Sea oilfield, which became a lightning rod for climate activists seeking to halt Britain's devel...

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2 Dec 2021 18:54

UPDATE 3-Shell scraps plans to develop Cambo North Sea oilfield

(Adds investor comment)By Ron Bousso and Shadia NasrallaLONDON, Dec 2 (Reuters) - Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo oilfield in the British North Sea, which became a lightning rod for climate activists s...

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2 Dec 2021 18:02

Shell and partner scrap plans to develop North Sea oilfield

LONDON, Dec 2 (Reuters) - Royal Dutch Shell and Siccar Point have decided not to go ahead with the development of the Cambo oilfield in the British North Sea due to a weak economic case, Shell said on Thursday."After comprehensive screening of the...

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2 Dec 2021 17:05

LONDON MARKET CLOSE: Stocks fall as Omicron variant fears mount

LONDON MARKET CLOSE: Stocks fall as Omicron variant fears mount

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2 Dec 2021 12:03

LONDON MARKET MIDDAY: Europe hit by Omicron but Wall Street to rebound

LONDON MARKET MIDDAY: Europe hit by Omicron but Wall Street to rebound

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2 Dec 2021 10:08

UPDATE 2-European stocks fall as Omicron worries rattle investors

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* STOXX 600 gives back a chunk of Wednesdays gains* Apple suppliers hit by report on slowing demand* Vifor Pharma surges on takeover speculat...

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2 Dec 2021 08:31

SSE and Equinor to proceed with $4 bln Dogger Bank C offshore wind farm

OSLO, Dec 2 (Reuters) - British utility SSE and Norwegian energy company Equinor have secured financing to proceed with the construction of the 3 billion pound ($3.98 billion) Dogger Bank C offshore wind farm in Britain, the companies said on Thu...

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2 Dec 2021 07:03

Shell launches $1.5bn buyback from Permian sale

(Sharecast News) - Royal Dutch Shell has launched a $1.5bn share buyback as the first stage of returning cash to shareholders from the sale of its Permian business in the US.

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1 Dec 2021 12:10

German oil lobby seeks net zero CO2 emissions by 2045

FRANKFURT, Dec 1 (Reuters) - Germany's oil industry will aim for net zero carbon emissions by 2045, moving away from fossil fuel to low carbon products such as biofuels and renewable energy-derived hydrogen, the industry's lobby group en2x said on...

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1 Dec 2021 12:10

LONDON MARKET MIDDAY: IAG and Whitbread lead Omicron rebound

LONDON MARKET MIDDAY: IAG and Whitbread lead Omicron rebound

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1 Dec 2021 08:54

LONDON MARKET OPEN: Omicron fears ease again but uncertainty lingers

LONDON MARKET OPEN: Omicron fears ease again but uncertainty lingers

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30 Nov 2021 17:33

UPDATE 3-U.S. security review stalls sale of Shell Texas refinery to Mexico's Pemex

(Updates with comment from congressman critical of sale)By Erwin SebaHOUSTON, Nov 30 (Reuters) - A U.S. national security review has delayed the sale of Royal Dutch Shell's controlling interest in a Texas refinery to Mexico's national oil company, ...

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