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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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25 Jan 2022 17:05

LONDON MARKET CLOSE: Europe follows NY rebound but Fed jitters linger

LONDON MARKET CLOSE: Europe follows NY rebound but Fed jitters linger

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25 Jan 2022 09:47

Capricorn Energy's Egyptian acquisition exceeding expectations

Capricorn Energy's Egyptian acquisition exceeding expectations

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25 Jan 2022 00:01

UK government commits 32 mln pounds for floating wind projects

By Nina ChestneyLONDON, Jan 25 (Reuters) - The British government said on Tuesday it will commit nearly 32 million pounds ($42 million) to fund the development of floating offshore wind projects to help lessen its dependence on gas, the price of w...

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24 Jan 2022 21:23

Lyondell Houston oil refinery sale in focus ahead of investor call

By Erwin SebaHOUSTON, Jan 24 (Reuters) - Chances for a quick sale of LyondellBasell Industries' Houston oil refinery are dwindling with several other refineries competing for buyers, said people familiar with the matter on Monday.The petrochemical...

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21 Jan 2022 19:17

UPDATE 1-Royal Dutch no more - Shell officially changes name

(Adds details, background)By Ron BoussoLONDON, Jan 21 (Reuters) - Shell officially changed its name on Friday, ditching "Royal Dutch", which has been part of its identity since 1907, following plans to scrap its dual share structure and move its h...

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21 Jan 2022 18:48

Shell officially drops Royal Dutch from name

LONDON, Jan 21 (Reuters) - Shell said on Friday it has officially changed its name from Royal Dutch Shell Plc to Shell Plc as part of its plan to scrap its dual share structure and move its head office from the Netherlands to Britain."Shell annou...

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21 Jan 2022 09:38

LONDON BROKER RATINGS: Berenberg ups Rentokil; Citi cuts Computacenter

LONDON BROKER RATINGS: Berenberg ups Rentokil; Citi cuts Computacenter

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21 Jan 2022 08:30

UPDATE 6-Oil majors TotalEnergies and Chevron withdraw from Myanmar

* Another example of Western firms leaving after coup* Had talked with French, U.S. about targeted sanctions* Was not possible to implement them* Sees junta as here to stay (Adds comment by TotalEnergies, details, bullet points)By Benjamin Mallet an...

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21 Jan 2022 08:30

UPDATE 5-Oil majors TotalEnergies and Chevron withdraw from Myanmar

(Adds PTTEP's reaction, Shell)By Benjamin Mallet and Florence TanPARIS, Jan 21 (Reuters) - Oil majors TotalEnergies and Chevron Corp, partners in a major gas project in Myanmar, said on Friday they were withdrawing from the country, citing the wor...

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20 Jan 2022 20:34

Mexico's Pemex says closes acquisition of Deer Park refinery

MEXICO CITY, Jan 20 (Reuters) - Mexican state oil company Petroleos Mexicanos (Pemex) on Thursday said it had finalized the complete acquisition of the Deer Park refinery in Texas from Royal Dutch Shell, its longstanding partner at the facility.Pe...

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20 Jan 2022 19:21

UPDATE 3-Shell to supply crude to Pemex's Texas refinery under long-term pact

* Formal handover completed and new directors installed* Mexico to receive up to 230,000 bpd of gasoline, fuels (Adds transfer boosts Pemex in negotiations with suppliers)By Adriana Barrera and Ana Isabel MartinezMEXICO CITY/HOUSTON, Jan 20 (Reuters...

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20 Jan 2022 19:21

UPDATE 2-Shell to supply crude to Pemex's Texas refinery under long-term pact

* Formal handover completed and new directors installed* Mexico to receive up to 230,000 bpd of gasoline, fuels (Adds statements by Shell, Pemex confirming agreement)By Adriana Barrera and Ana Isabel MartinezMEXICO CITY/HOUSTON, Jan 20 (Reuters) - M...

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20 Jan 2022 17:45

Shell, UK regulators revive talks on North Sea gas field development

By Ron Bousso and Dmitry ZhdannikovLONDON, Jan 20 (Reuters) - Royal Dutch Shell and British regulators have revived talks on developing the Jackdaw gas field in the North Sea as the government struggles with soaring gas and power prices, company a...

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20 Jan 2022 17:26

Pemex taking control of Texas refinery on Thursday, sources say

MEXICO CITY, Jan 20 (Reuters) - Mexican state oil company Petroleos Mexicanos (Pemex) will on Thursday take control of the Deer Park refinery in Texas, after concluding the purchase of Royal Dutch Shell's half of that plant, two people familiar wi...

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20 Jan 2022 17:02

LONDON MARKET CLOSE: FTSE 100 down as BP, Shell and AB Foods weigh

LONDON MARKET CLOSE: FTSE 100 down as BP, Shell and AB Foods weigh

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