(Adds futures, company news)
March 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up on
Friday, with futures FFIc1 for the index up 1.4 percent at 0733 GMT. For more
on the factors affecting European stocks, please click on The UK blue chip index closed 1.8 percent lower at 6,036.70 points, its
lowest close since late February, on Thursday after a sharp fall in commodities
stocks offset an earlier rally fuelled by the European Central Bank's move to
cut its deposit rate.
* BHP BILLITON: Samarco, a joint venture between Brazil's Vale SA VALE5.SA
and Australia's BHP Billiton BLT.L , expects to restart production at its iron
ore mine in Minas Gerais by the start of the fourth quarter, its chief executive
told Reuters on Thursday, less than a year after a burst tailings dam there
killed 19 people.
* OLD MUTUAL: Anglo-South African financial services company Old Mutual Plc
OML.L said on Friday it would split up its four main units - Old Mutual
Emerging Markets, Old Mutual Wealth, Nedbank Group NEDJ.J and OM Asset
Management OMAM.N to unlock value.
* JD WETHERSPOON: Pubs group JD Wetherspoon JDW.L reported a 3.9 percent
dip in first-half pretax profit and said government tax policy was penalizing
pubs and restaurants that were struggling to compete with supermarket sales of
* JUST RETIREMENT: Just Retirement Group Plc JRG.L reported a 43 percent
jump in first-half operating profit and said its almost $1 billion acquisition
of rival Partnership Assurance PA.L would complete next month.
* OIL: Oil prices jumped on Friday supported by fresh investment and a
strong yuan, which makes fuel cheaper for Chinese importers, but analysts warned
that any price rally was pre-mature as a global glut remained in place. O/R
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB
Multimedia versions of Reuters Top News are now available for:
* 3000 Xtra : visit http://topnews.session.rservices.com
* BridgeStation: view story .134
For more information on Top News visit
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.