Feb 17 - Britain's FTSE 100 index is seen opening lower on
Friday, with futures down 0.21%.
* GLENCORE: Asset manager Legal & General filed a lawsuit against
Glencore in London's High Court last week over investor losses after
the mining and commodities group admitted to multiple bribery offences last
year, the Financial Times reported.
* GSK: Lawyers for a man who alleges he developed bladder cancer after
taking GSK Plc's heartburn drug Zantac urged a California judge to allow
expert testimony linking the drug to the illness at an upcoming trial.
* STRIKES: British railway trade union RMT said members in tens of thousands
would take nationwide strike action across the railways on Mar. 16.
* FCA: Britain's markets watchdog acted unlawfully when approving documents
that allowed Ithaca Energy Plc to list in London even though it had
failed to properly describe climate-related risks, environmental law charity
ClientEarth alleged.
* OIL: Oil prices were on track for weekly losses as strong U.S. economic
data heightened concerns that the Federal Reserve would further tighten monetary
policy to tackle inflation.
* GOLD: Gold prices dipped and were set for a third straight weekly drop as
investors fretted about more rate hikes by the U.S. Federal Reserve.
* METALS: London copper prices were heading for a slight weekly gain as
investors weighed better demand prospects from China and supply headwinds
against expectations of more rate hikes from the U.S. Federal Reserve.
* FTSE: Britain's internationally focussed FTSE 100 closed above 8,000
points for the first time as upbeat earnings from Centrica and Standard
Chartered countered global risk-off sentiment after hotter-than-expected U.S.
inflation data.
* UK CORPORATE DIARY:
Natwest Group FY Results
Segro FY Results
* For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS
> Financial Times > Other business headlines (Reporting by Prerna Bedi in Bengaluru)
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