(Adds company news items and futures)
March 9 (Reuters) - Britain’s FTSE 100 index is seen opening down 419 points on Monday, according to financial bookmakers, with futures down 9.5% ahead of cash markets open.
* EUROPEAN FUTURES: European futures tumbled 10% as the launch of a price war between Saudi Arabia and Russia sent oil prices crashing, adding to fears the world was sliding into recession on the back of the coronavirus epidemic.
* BRITAIN’S FCA: Britain’s Financial Conduct Authority said it was reviewing whether market participants are getting value for money for the data they buy from stock exchanges and other vendors.
* CINEWORLD: Cineworld said its biggest shareholder Global City Theatres B.V. had agreed to sell around 7.9% of the British cinema operator for about 116 million pounds ($152.61 million) to buyers including Singapore sovereign wealth fund GIC.
* COVID-19: Britain on Sunday advised citizens against all but essential travel to a number of areas in northern Italy because of the spread of coronavirus there.
* WIZZ AIR: A Wizz Air press conference in Abu Dhabi scheduled for Tuesday, where Chief Executive Jozsef Varadi was due to attend, has been cancelled due to the coronavirus, organisers said on Sunday.
* TESCO: Tesco, Britain’s biggest retailer, said it had agreed to sell its businesses in Thailand and Malaysia to a combination of CP Group entities for an enterprise value of $10.6 billion.
* BRITISH INSURERS: Insurers are expected to pay policyholders an estimated 363 million pounds ($471.79 million) for flood and wind damage from two storms in Britain last month, the Association of British Insurers said on Saturday.
* OIL: Oil prices plummeted around 30%, with U.S. oil heading for its biggest loss on record, after Saudi Arabia slashed prices and set plans for a dramatic increase in crude production in April.
* GOLD: Gold prices rose above the $1,700 per ounce level on Monday for the first time in more than seven years, after a stock market rout due to concerns over a widening coronavirus outbreak and its economic impact drove investors towards safe-haven assets.
* The UK blue-chip index closed down 3.6% on Friday as growing economic risks from the coronavirus outbreak fuelled investor worries and added to the sell-off on global stock markets. Fears about the virus also sparked a flight to the safety of bonds.
* For more on the factors affecting European stocks, please click on:
> Financial Times
> Other business headlines (Reporting by Aniruddha Ghosh in Bengaluru; Editing by Shailesh Kuber)