(Updates futures; adds items)
May 10 - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.30%.
- IAG: British Airways owner IAG ICAG.L reported better than expected first-quarter earnings, with an operating profit of 68 million euros ($73 million), as the group saw strong forward bookings and projected a busy and profitable summer.
- BRITAIN: Britain's economy grew by a stronger-than-expected 0.6% in the first three months of 2024, ending the shallow recession it entered in the second half of last year, official figures showed.
- ANGLO AMERICAN: Mining giant Rio Tinto (RIO) had considered an offer for British miner Anglo American AAL.L , which is now BHP Group's (BHP) $39 billion takeover target, the Australian Financial Review reported.
- ANGLO AMERICAN: Anglo American's AAL.L key South African shareholders are open to a takeover offer from BHP (BHP) , with some advocating for an additional cash component to the bid, the Financial Times reported.
- VODAFONE: The British government made a final order to conditionally approve the proposed merger between Vodafone's VOD.L UK operation and Hutchison's 0001.HK Three UK, following a detailed national security assessment of the telecom deal.
- OIL: Oil rose, set for a weekly gain, as data this week from the U.S. and China, the world's two largest crude users, pointed to higher demand and continuing uncertainty over the Gaza war supported prices.
- GOLD: Gold prices firmed, poised for their best week since April 5, following recent economic data that boosted bets of an interest rate cut from the Federal Reserve.
- UK CORPORATE DIARY:
IAG ICAG.L Q1 Results Rightmove RMV.L AGM Trading update S4 Capital SFOR.L Q1 Trading update
- For more on the factors affecting European stocks, please click on:
TODAY'S UK PAPERS > Financial Times > Other business headlines
