(Adds futures, updates oil, copper prices)
Dec 22 (Reuters) - Britain’s FTSE 100 index is seen opening up 26 points, or 0.4 percent, on Tuesday, according to financial bookmakers, with futures up 0.54 percent ahead of the cash market open. For more on the factors affecting European stocks, please click on
* The UK blue chip index closed 0.3 percent lower on Monday at 6,034.84, as losses in Spain and a rise in the euro weighed on European stock markets.
* BHP BILLITON: BHP Billiton has not received formal notification that its assets in Brazil have been frozen, the company said.
* GLAXOSMITHKLINE: An independent nonprofit organization that evaluates clinical and cost effectiveness of new medicines found the price of GlaxoSmithKline’s new drug for severe asthma should be as much as 76 percent lower to justify its value, according to the group’s latest draft report.
* RBS: A bond trader pleaded guilty on Monday to conspiring to defraud Royal Bank of Scotland Group Plc customers by misrepresenting the prices of bond transactions he and others handled for them in an effort to boost the bank’s profit.
* SHELL/BG DEAL: Court approval to publish scheme document and to convene shareholder meetings to approve the merger of Royal Dutch Shell with BG Group is expected on Tuesday.
* MELROSE: European Union antitrust regulators on Monday approved Honeywell International Inc’s $5.1 billion purchase of Elster Group, the utility consumption metering business of Britain’s Melrose Industries Plc, subject to conditions.
* BT GROUP: BT Group Plc has lost a court case to hold onto a 160 million pound ($238 million) public sector contract in Cornwall after a judge ruled that the local authority could back out of the deal, The Times reported. (thetim.es/1NzdH1b)
* STEEL: Investment firm Greybull Capital has emerged as a favourite to buy Tata Steel’s struggling UK-based unit, in a move that could offer some relief to Britain’s troubled steel sector.
* OIL: Oil prices edged away from multi-year lows on Tuesday as the northern hemisphere moves into the peak-demand winter season, but mild weather and ballooning supplies mean that prices are expected to remain generally low well into 2016. The global crude benchmark Brent was at $36.42 per barrel at 0713 GMT.
* OIL: The Thames Oilport terminal near London will open next spring, its operator Greenergy said on Monday, as a rising glut in oil supplies has made storage one of the industry’s most attractive investments. Royal Dutch Shell remains the second partner in the project.
* COPPER: London copper eased below a five-week top on Tuesday as traders squared positions in the lead-up to Christmas, and after November’s low prices boosted Chinese imports and put a floor under prices. Three-month copper on the London Metal Exchange slipped by 0.54 percent to $4,712 a tonne by 0712 GMT.
* UK GFK SURVEY: British consumer morale edged up in December from a six-month low in November, but households are more worried about the economy than they were at the end of last year, survey by market research company GfK showed on Tuesday.
TODAY‘S UK PAPERS
> Financial Times
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