UPDATE 1-UK Stocks-Factors to watch on April 7

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on April 7
Credit: © Reuters.

(Adds futures, news items)

April 7 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 103 points higher at 6,840 on Wednesday, according to financial bookmakers, with futures .FFIc1 up 0.4% ahead of the cash market open.

* SAGA PLC: Saga SAGA.L said its tour and cruise businesses will not resume operations until later this year after cutting 36% of its workforce as it deals with pandemic-led travel disruptions. ROYAL DUTCH SHELL: Shell RDSa.L said it expected its first-quarter adjusted earnings to see a hit of up to $200 million due to an extreme cold snap in Texas in the quarter. BARCLAYS: Climate change activists broke windows at the London headquarters of Barclays BARC.L on Wednesday, the latest protest aimed at highlighting the role of the financial sector in fuelling what they call the climate catastrophe. GLENCORE: Glencore 's GLEN.L Congo mining unit Kamoto Copper Company (KCC) had a "limited release" of sulphuric acid from a tank during maintenance work on March 16, the commodities trading giant said on Tuesday. ASTRAZENECA: The University of Oxford said on Tuesday it had paused a small UK trial testing the COVID-19 vaccine it developed with AstraZeneca Plc AZN.L in children and teenagers, as it waits for more data on rare blood clotting issues in adults who received the shot. REGULATION: Britain's new regulator for tech giants Facebook FB.O and Google GOOGL.O launches on Wednesday with an initial remit to see if a code of conduct could improve the balance of power between the platforms and news publishers. DIGNITY: Dignity 's DTY.L largest shareholder, Phoenix Asset Management, said on Tuesday it was not looking to control the funeral services company or its board as it seeks to oust the firm's chairman at a vote later this month. WHO: The World Health Organization expects there will be no reason to change its assessment that the benefits of the AstraZeneca vaccine against COVID-19 outweigh any risks, its regulatory director said on Tuesday. OIL: Oil prices edged higher on the prospects for stronger global economic growth amid increased COVID-19 vaccinations and a report that crude inventories in the United States, the world's biggest fuel consumer, fell. GOLD: Gold prices fell, from a two-week high hit in the previous session, as an array of strong data from the United States and increased COVID-19 vaccinations lifted hopes of a quick economic recovery, weighing on the metal's safe-haven appeal. The blue-chip FTSE 100 index .FTSE ended up 1.3% on Tuesday led by heavyweight commodity-focussed stocks. For more on the factors affecting European stocks, please click on: LIVE/


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