LONDON Aug 22 Britain's FTSE 100 index is seen opening
flat on Friday, according to financial bookmakers. For more on the factors
affecting European stocks, please click on
* Futures for the index were up 0.16 percent at 0647 GMT.
* The UK blue chip index closed up 22.18 points, or 0.3 percent, at 6,777.66
points in the previous session, approaching three-week highs touched earlier
* Focus will be on a speech by Federal Reserve Chair Janet Yellen later in
the day at the annual gathering of central bankers in Jackson Hole, Wyoming.
Investors will look for signals about the timing of interest rate increases.
* LONDON STOCK EXCHANGE GROUP - LSE said on Friday it would raise
938 million pounds ($1.6 billion) to part fund the acquisition of Frank Russell
Company. It also said its revenue increased 20 percent overall and 12 percent on
an organic and constant currency basis.
* VODAFONE - The company's shares rose 0.7 percent on Thursday amid
speculation that advisers at AT&T were now working around the clock on a
cash bid worth more than 3 pounds a share, the Daily Mail reported.
* PETROFAC - The Chairman of British oil and gas service group
Petrofac, Norman Murray, has resigned with immediate effect due to compassionate
reasons, the company said on Friday.
* RSA INSURANCE GROUP - RSA said it had reached an agreement to sell
its insurance business in Singapore and Hong Kong to Allied World Assurance Co
Ltd for 130 million pounds ($215.51 million) in cash.
* Uncertainty over Scotland's currency arrangements could prompt capital
flight from the country, leaving its financial system in a "parlous state,"
Douglas Flint, chairman of HSBC Holdings, wrote in a column on Thursday
in the Telegraph newspaper.
* More than 100 business leaders in the United Kingdom with operations in
Scotland plan to speak out against independence in a united statement, the
* In the U.S. market, the S&P 500 ended at a record high on Thursday after a
flurry of positive economic data, including existing home sales jumping to a
10-month high and initial jobless claims dropping sharply.
* Brent was trading below $103 a barrel, heading for a second weekly loss as
easing geopolitical risks and higher global oil supply pressured prices.
* London copper hit its highest in a fortnight on Friday and was eyeing its
biggest weekly advance since early July as brightening economic prospects for
the United States eclipsed concerns over China's struggling property market.
TODAY'S UK PAPERS
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(Reporting by Atul Prakash; editing by Blaise Robinson)