* SHELL: A group of European institutional investors is backing a novel London lawsuit against Shell's board over alleged climate mismanagement in a case that could have far-reaching implications for how companies tackle emissions.
* UK HOUSING MARKET: Britain's housing market suffered the most widespread price falls since 2009 last month as the run of interest rate increases over the past year weighed on would-be buyers, according to a survey published on Thursday.
* GOLD: Gold prices rose for the fourth straight session on Thursday as the dollar faltered, but bullion's outlook remained cloudy as several U.S. Federal Reserve officials said more interest rate increases were needed to rein in inflation.
* OIL: Oil prices were broadly steady on Thursday as the prospect of higher fuel demand in China as it reopens post-COVID curbs was offset by fears that U.S. crude stocks hitting their highest for months may signal weakening demand in the world's no. 1 economy. Britain's blue-chip FTSE 100 index briefly hit a record high on Wednesday, boosted by gains in oil major BP , while investors drew comfort from less hawkish than feared remarks by Federal Reserve Chair Jerome Powell. UK CORPORATE DIARY:
FY Results Astrazenec a
Unilever FY Results HY Results
Redrow Plc Bellway Trading Update
Compass Q1 Trading
Group Update
British Prelim FY
American Results
Tobacco
Watches of Q3 Trading
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* For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines (Reporting by Sruthi Narasimha Chari in Bengaluru)
