Britain's FTSE 100 index is seen opening up 39 points, or 0.6 percent
higher on Tuesday, according to financial bookmakers. For more on the factors
affecting European stocks, please click on
* The FTSE 100 closed 27.16 points higher on Monday at 6,276.94 , as
Britain's top share index halted a three-day slide on Monday as buyers took
advantage of beaten-down prices to place bets on possible takeover targets and
pile into defensive shares.
* China's annual consumer inflation cooled in March as food prices eased
from nine-month highs and producer price deflation deepened, data showed on
Tuesday, leaving policymakers room to keep monetary conditions easy and nurture
a nascent recovery, potentially helping Britain's globally exposed mining
* Britain's housing market appears to be picking up due to help from a Bank
of England lending scheme, with house sales at their highest level in three
years and prices broadly stable, a monthly survey showed on Tuesday.
* MINERS - U.S. aluminium group Alcoa, viewed as a bellwether for the
materials sector, was the first of the S&P 500 companies to report first-quarter
results, posting better-than-expected quarterly profit after the Wall Street's
closing bell on Monday.
* RBS - Two hedge funds which made millions of pounds shorting UK
bank shares during the 2008 financial crisis are in talks to back a
1-billion-pound ($1.53 billion) bid for more than 300 Royal Bank of Scotland
Group Plc RBS.L branches, Sky News reported.
* RIO TINTO - A row over demands by Rio Tinto for cheaper
electricity to help keep its New Zealand aluminium smelter afloat is clouding
government efforts to raise up to NZ$6.1 billion ($5.1 billion) by privatising
the country's power companies.
* ROYAL DUTCH SHELL
* TELECOMS AND MEDIA - Telecoms giant BT could force BSkyB to
carry adverts for its new rival sports channels, as the battle between the two
media behemoths intensifies, the Telegraph reports.
* ICAP - ICAP is implicated in an investigation by the top U.S.
derivatives regulator into a widely used benchmark for swaps, the trade body
overseeing the rate said, dealing a further blow to the market after the
sprawling Libor probe.
* UK CORPORATE DIARY:
CONCURRENT TECHNOLOGIES PLC announces preliminary results
JKX OIL & GAS PLC reports preliminary results
LOMBARD MEDICAL TECHNOLOGIES PLC gives final results
NETPLAY TV PLC reports preliminary results
ROBERT WALTERS PLC provides a trading update for the first quarter
SURGICAL INNOVATIONS GROUP PLC announces preliminary results
VICTREX PLC gives a trading update
TODAY'S UK PAPERS
> Financial Times
> Other business headlines
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* 3000 Xtra : visit* BridgeStation: view story .134(Reporting by Alistair Smout)