UK Stocks-Factors to watch on Nov. 28

viernes 28 de noviembre de 2014 03:58 GYT
 

LONDON Nov 28 (Reuters) - Britain's FTSE 100 index is seen opening 5 to 8 points lower, or down as much as 0.1 percent, on Friday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

* The FTSE 100 ended 5.75 points lower, or down 0.1 percent on Thursday, at 6,723.42 points.

* BT - Hutchison Whampoa, the owner of Britain's fourth largest mobile operator 3 Group, is preparing a bid for EE or O2, the mobile groups already in talks on a deal with BT Group, several sources familiar with the matter said.

* RIO TINTO - Global miner Rio Tinto deferred plans to build a $1 billion mine in Australia, stepping up cost cuts amid a plunge in iron ore prices so it can deliver on a vow to boost returns to shareholders.

* HSBC - Argentina has charged HSBC with aiding more than 4,000 clients to evade taxes by stashing their money in secret Swiss bank accounts, the country's AFIP tax authority said on Thursday.

* GLAXOSMITHKLINE - Britain's biggest drugmaker, GlaxoSmithKline, fired an executive from its South African unit for refusing to appear for a performance review, which was called a week after he complained of racial discrimination in the workplace, Bloomberg reported, citing company documents.

* Regulator Ofgem set out on Friday plans for Britain's energy suppliers to invest 17 billion pounds ($26.7 billion) into renewing and maintaining the UK's electricity network and connecting its small-scale regeneration.

* British house price growth slowed in line with economists' forecasts this month, as activity continued to remain relatively weak, figures from mortgage lender Nationwide showed on Friday.

* SSE - The company received Ofgem's final determination for electricity distribution price control for eight years from 1 April 2015.   Continuación...