LONDON Jan 21 Britain's FTSE 100 index is expected to
open 22 to 30 points higher, or as much as 0.5 percent, on Monday, according to
financial bookmakers. For more on the factors affecting European stocks, please
* Britain's benchmark share index climbed to its highest level in more than
four years on Friday, as investors overlooked domestic economic weakness to snap
up mining stocks exposed to the growing Chinese economy.
* XSTRATA /GLENCORE : South African power utility Eskom has
withdrawn its objections to commodities trader Glencore's takeover of miner
Xstrata, removing one of the potential hurdles to the $33 billion deal.
* PEARSON : The British education and media group said it expected
tough market conditions and structural industry change to continue into 2013
after it endured weak trading in the key fourth quarter selling season.
* RANDGOLD RESOURCES : Production at the company's Tongon mine in
Cote d'Ivoire is returning to normal and both mill circuits are expected to be
fully operational within 2 weeks. The mine produced 210,000 ounces of gold in
* ANGLO AMERICAN : The miner is planning to unveil a writedown of
between $4 billion and $5 billion on its Minas-Rio iron ore project in Brazil,
according to the Sunday Times.
* IMPERIAL TOBACCO : The firm faces a potential shareholder revolt if
ongoing talks over planned changes to its executive pay scheme are not resolved
before a general meeting on Jan 30, according various Sunday newspapers.
* CENTRICA : Regulator Ofgem could fine Centrica's British Gas
millions of pounds after it missed parts of its carbon emissions reduction
target, wrote the Sunday Telegraph.
* ENGINEERS: British engineers AMEC, Babcock International
and WS Atkins are seeking nuclear decommissioning work in Japan
following on from the Fukushima disaster, according to various newspapers.
* AFREN : The oil producer says 2012 output will be in line with
* STOBART : The haulage firm names Avril Palmer-Baunack as chairman.
* SCISYS : The supplier of software systems said it sees full-year
earnings in line with expectations.
* RETHINK : The recruiter said activity levels within permanent
recruitment is significantly below management expectations during the fourth
* PORTMEIRION : The British china maker said it sees full-year
pretax profit in line with expectations.
* TRAVELZEST : The online travel group said it has terminated
negotiations for the sale of its Canadian businesses and assets.
CITY OF LONDON INVESTMENT GROUP : The fund manager reveals a fall in
funds under management in the six months to Nov. 30 to 2.4 billion pounds from
2.9 billion pounds on June 1.
TODAY'S UK PAPERS
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* 3000 Xtra : visit* BridgeStation: view story .134(Written by David Brett; Editing by Francesco Canepa)