May 2, 2017 / 5:53 AM / a year ago

UK Stocks-Factors to watch on May 2

    May 2 (Reuters) - Britain's FTSE 100 index is seen to open 24.6
points higher on Tuesday, according to financial bookmakers. 
    * ASTRAZENECA: The U.S. Food and Drug Administration on Monday granted
accelerated approval to AstraZeneca Plc's immuno-oncology drug to treat
a type of bladder cancer in patients whose disease progressed following
    * LLOYDS: British bank Lloyds Banking Group denied claims of a
credit card 'time bomb' and shrugged off concerns that its practice of booking
revenue upfront from customers who have interest-free periods on their credit
cards, The Times reported on Tuesday. ttp://
    * BP: BP plans to complete by mid-2018 the Georgian section of a
$40-billion strategic pipeline bringing Caspian gas from Azerbaijan into Europe,
the British energy company's country manager for Georgia said.
    * BHP: Elliott Management representatives will meet with BHP Billiton's
 shareholders in Australia this week as the activist investor
pushes for strategic changes at the world's biggest miner, two sources familiar
with the matter said on Monday.
    * BP: Two crude distillation units are expected back to normal production
levels by Friday night at BP Plc's 413,500 barrel per day (bpd) Whiting,
Indiana refinery, sources familiar with plant operations said on Friday.

    * OIL: Oil prices edged down on Monday on worries that OPEC-led production
cuts may not significantly tighten an oversupplied market in the short term
despite talk of extending them.    
    * The UK blue chip index closed 0.5 percent lower at 7,203.94 points, on
Friday, as disappointing results weighed on banking heavyweight Barclays
, with UK blue chips sealing their biggest one-month fall since November
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
 Aberdeen Asset Management Plc            Half Year 2017 Earnings Release
 BP Plc                                   Q1 2017 Earnings Release
 Shire Plc                                Q1 2017 Earnings Release
    > Financial Times                     
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 (Reporting by Harish Bhaskar)
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