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UK Stocks-Factors to watch on May 8

Tue, 08th May 2018 06:25

May 8 (Reuters) - Britain's FTSE 100 index is seen opening 13 points higher at 7,580on Tuesday, according to financial bookmakers. * VIRGIN MONEY: Virgin Money said on Monday it had received an all-stock takeoveroffer from rival CYBG Plc, a proposal that values the British lender at about 1.6billion pounds ($2.17 billion). * TAKEDA-SHIRE: Takeda Pharmaceutical is nearing an agreement to buy rivaldrugmaker Shire Plc, a deal which could be announced on Tuesday, the deadline set byU.K. regulators for Takeda to make a firm offer for Shire, Bloomberg reported, citing sources.https://bloom.bg/2I0D92e * SHELL: Royal Dutch Shell Plc's Shell Gas B.V. unit said on Monday it was sellingits entire stake in Canadian Natural Resources Ltd for $3.3 billion. * BP: Iraq's state-run North Oil Company signed an agreement with BP on Monday totriple output from the Kirkuk fields in the north of the country, Oil Minister Jabar al-Luaibisaid. * SKY: U.S. cable operator Comcast has formally notified the European Commissionof its intention to bid for Britain's pay-TV group Sky, starting the clock on a review,a regulatory source told Reuters on Monday. * GOLD: Gold prices remained subdued on Tuesday as the dollar held steady near its 2018 highon the relative strength of the U.S. economy. * OIL: Oil prices retreated from 3-1/2 year highs on Tuesday as investors waited on anannouncement by President Donald Trump on whether the United States will reimpose sanctions onIran. * The UK blue chip index closed 0.86 percent higher at 7,567.14 points on Friday, helped bystrong results from British Airways owner IAG, while HSBC joined French banks in reportingweaker profit which hit its shares. * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets * UK CORPORATE DIARY: Savills AGM Statement William Hill Trading Statement Anglo American AGM TODAY'S UK PAPERS > Financial Times > Other business headlines 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 Justin George Varghese)
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8 May 2018 11:03

WORLD NEWS SCHEDULE AT 1000 GMT/6 AM ET

Editor: Angus MacSwan + 44 207 542 7923 Picture Desk: Singapore + 65 6870 3775 Graphics queries: + 65 6870 3595 (All times GMT) TOP STORIES Trump to reveal Iran

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8 May 2018 09:30

Reuters Business News Schedule at 0830 GMT/430AM ET

Editor: Keith Weir, +44 20 7542 8022 Global Picture Desk: +65 6870 3775 Global Graphics Desk: + 65 6870 3595 (All times GMT / ET) Receive this schedule by Takeda $62 to

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8 May 2018 08:06

Nikkei rises as banks rally; Takeda up ahead of acquisition news

By Ayai Tomisawa TOKYO, May 8 (Reuters) - Japan's Nikkei share average rose on Tuesday as banking stocks rallied while Takeda Pharmaceutical climbed ahead of news the drugmaker had to 4

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8 May 2018 07:59

TOP NEWS: Shire Agrees GBP46 Billion Takeover Deal With Takeda

LONDON (Alliance News) - Irish pharmaceutical company Shire PLC on Tuesday said it has agreed a takeover deal with Japanese peer Takeda Pharmaceutical Co.Takeda is to pay USD30.33 in cash a

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8 May 2018 07:47

LONDON MARKET PRE-OPEN: Lower Call; Shire Agrees Takeda Deal

LONDON (Alliance News) - Stock prices in London are seen opening lower on Tuesday ahead of US President Donald Trump's decision on whether to scrap the nuclear deal with Iran, while in London

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8 May 2018 07:44

UPDATE 1-Japan's Takeda agrees $62 billion takeover of Shire

LONDON, May 8 (Reuters) - Takeda Pharma agreed to buy London-listed Shire for 45.3 billion pounds ($61.50 billion) on Tuesday after the Japanese company raised the amount of cash in its offer to a

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8 May 2018 07:18

Japan's Takeda agrees $62 billion takeover of Shire

LONDON, May 8 (Reuters) - Takeda Pharma agreed to buy London-listed Shire for 46 billion pounds ($62.42 billion) on Tuesday after the Japenese company raised the amount of cash in its offer to to

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8 May 2018 03:31

Nikkei rises, helped by tech stocks, banks, Takeda's Shire offer

By Ayai Tomisawa TOKYO, May 8 (Reuters) - Japan's Nikkei share average rose on Tuesday as tech shares rallied and Takeda Pharmaceutical jumped after a report the drugmaker will make a 2

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3 May 2018 14:49

Vodafone closes in on game-changing Liberty Global deal

By Ben Martin and Paul Sandle LONDON, May 3 (Reuters) - Vodafone is nearing a transformational deal to buy continental European assets from cable giant Liberty Global and could announce an

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30 Apr 2018 05:05

FOREX-Dollar below 3-month highs as U.S. 10-year yield pulls back

* Dollar index down from Friday's 3-1/2 month peak * Pullback in U.S. 10-year yield dents dollar's momentum * Dollar/yen on track for biggest monthly gain since 2016 *

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27 Apr 2018 05:24

FOREX-Dollar at 3-1/2-month high on elevated yields, euro soft after ECB

* Dollar helped by higher yields; lack of trade, geopolitical news * Euro loses steam after Draghi sounds cautious on economy * Yen capped, sterling helped by Takeda's bid to buy

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27 Apr 2018 02:04

FOREX-Dollar at 3-1/2-month high on elevated yields, euro soft after ECB

* Dollar helped by higher yields; lack of trade, geopolitical news * Euro loses steam after Draghi sounds cautious on economy * Yen capped, sterling helped by Takeda's bid to buy

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26 Apr 2018 16:17

EXTRA: Bid-Target Shire's Stellar First-Quarter Performance Overlooked

LONDON (Alliance News) - Shire PLC delivered a strong first-quarter performance, but the report was overshadowed by the protracted takeover approach by Japan's Takeda Pharmaceutical Co, to the

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26 Apr 2018 12:45

UPDATE 1-Bid target Shire grows earnings 6 pct, holds cautious outlook

LONDON, April 26 (Reuters) - Shire, the London-listed drugmaker targeted by Takeda Pharmaceutical , reported a 6 percent rise in first-quarter earnings on Thursday, while keeping its cautious for

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