April 11, 2017 / 6:48 AM / a year ago

UPDATE 1-UK Stocks-Factors to watch on April 11

(Adds company news items, futures)

April 11 (Reuters) - Britain’s FTSE 100 index is seen opening 9.5 points lower on Tuesday, according to financial bookmakers, with futures down 0.2 percent ahead of the cash market open.

* VEDANTA: Diversified miner Vedanta Resources Plc said on Tuesday refined zinc production at its India unit rose nearly 40 percent in the fourth quarter, boosted by higher output at a mine in the state of Rajasthan in northwestern India.

* BHP: Any significant changes to the corporate structure of Anglo-Australian miner BHP Billiton, would need to be consistent with a “national interest” test under the law, the Australian government said on Tuesday.

* BHP: Elliott Management Corp’s activist campaign to shake up Anglo-Australian mining group BHP Billiton, relies on tested U.S. shareholder activism strategies to deliver one of the hedge fund’s biggest ever bets on a company.

* BRITAIN RETAIL: Shoppers in Britain clamped down on their spending in early 2017 as retail sales rose at the slowest pace since the depths of the global financial crisis nearly a decade ago, a retail industry group said on Tuesday.

* TESCO: A court approved a deal on Monday between Britain’s biggest retailer Tesco plc and the country’s Serious Fraud Office (SFO) to settle a probe over a 2014 accounting scandal.

* BARCLAYS: The United States Department of Justice is probing Barclays over whistleblower scandal, New York Times reported on Monday. nyp.st/2okrowc.

* JAEGER: Fashion retailer Jaeger, known for its classic British clothing ranges, has gone into administration, the administrators said in a statement, putting nearly 700 jobs at risk.

* BRITAIN ELECTRIC CARS: Britain awarded millions of pounds on Tuesday to help boost manufacturing of electric vehicle batteries, including a project to build the country’s second purpose-built electric battery plant and another to make the technology more powerful.

* BRITAIN WHEAT: Britain’s wheat exports rose slightly in February but were still running behind last season’s pace, customs data showed on Monday.

* The UK blue chip index ended the day flat on Monday with retailers the top gainers, and mid and small-caps rose to new record highs on strength in commodities.

* For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets


> Financial Times

> Other business headlines Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit topnews.session.rservices.com * For Top News : topnews.reuters.com (Reporting by Rahul B in Bengaluru; Editing by Sunil Nair)

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