August 8, 2016 / 6:21 AM / 2 years ago

UK Stocks-Factors to watch on Aug.8

Aug 8 (Reuters) - Britain’s FTSE 100 index is seen opening up slightly at open, according to financial bookmakers.

* The UK blue chip index closed 53.3 points higher on Friday at 6793.47 points, as better-than-expected U.S. jobs data pushed the benchmark index to its highest level since July 2015.

* ROYAL MAIL: Spain’s competition watchdog said it was investigating logistics companies including United Parcel Service Inc, FedEx Corp , Deutsche Post’s DHL Group and Britain’s Royal Mail Plc for possible anti-competitive practices.

* GLENCORE: Glencore’s Zambian Mopani Copper Mines unit has lifted its suspension of production at an underground mine that followed the death of three miners in an accident, a labor union official said on Saturday.

* VEDANTA CAIRN DEAL: Mining and energy group Vedanta Resources expects to complete its merger with Cairn India early next year, a move that would boost the firm’s financial strength, Vedanta’s CEO said on Friday.

* SHIRE: AbbVie Inc said hedge fund Elliott Associates LP has sued the pharmaceuticals company alleging that it had made misrepresentations and omissions related to a failed attempt to buy Dublin-based Shire Plc.

* IHG: Anbang Insurance Group Co is not considering an offer for InterContinental Hotels Group Plc, Chris Winans, a representative for the Chinese company, said on Sunday, rejecting a media report that a takeover bid was in the works.

* EUROPEAN SHARES: European shares rose on Friday, helped by solid earnings from companies including cement making group LafargeHolcim, but Royal Bank of Scotland slumped after weak results.

* 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 * For Top News : (Reporting by Sanjeeban Sarkar in Bengaluru; Editing by Sunil Nair)

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