LONDON, March 13 (Reuters) - Britain's FTSE 100 index is seen
opening up by 16 to 17 points, or 0.3 percent higher, on Thursday, according to
* The FTSE 100 futures contract was up by 0.1 percent by
* The UK blue chip index fell to a one-month low on Wednesday, ending down
by 1 percent, or 64.62 points lower, at 6,620.90 points.
* CHINESE ECONOMY: China's industrial output rose 8.6 percent in the first
two months of 2014 from a year earlier, missing market expectations, with growth
in retail sales also weaker than expected, the National Bureau of Statistics
said on Thursday.
* Shanghai and London copper futures regained strength on Thursday after
plunging to multi-year lows in the previous session.
* WM MORRISON : Britain's fourth biggest grocer Wm Morrison posted
its lowest profit in five years, slashed expectations going forward and said it
plans to sell off one billion pounds ($1.66 billion) of its 9 billion pound
* ROYAL DUTCH SHELL : Royal Dutch Shell said on Thursday it
was cutting spending on American upstream by a fifth this year after it was
impacted by losses in resources plays such as shale.
* HOME RETAIL : Britain's Home Retail Group said annual profit would
now be slightly ahead of the top end of market forecasts after it delivered a
much better-than-expected finish to the year at its Argos and Homebase
* F&C ASSET MANAGEMENT : Fund management company F&C Asset
Management posted a rise in underlying earnings per share.
* TRINITY MIRROR : British newspaper publisher Trinity Mirror plc
posted a 2.6 percent rise in full-year pretax profit to 101.3 million pounds
($168.2 million) after it countered falling revenue with tight cost management
and lower interest charges.
* CIRCASSIA : British biotech firm Circassia will list on the London
stock exchange at 310 pence per share, the company said on Thursday, at the top
of its price range and giving it a market capitalisation of about 581 million
pounds ($964.8 million).
* UK HOUSING MARKET: British house prices rose at the slowest pace in six
months in February, but strong expectations for rising prices and activity
suggest the housing market recovery still has a long way to run, a survey showed
* UK INSURERS/FLOODS: The insurance bill for flooding across areas of
Britain since the start of the year is set to reach 446 million pounds ($741.59
million), the Association of British Insurers said on Thursday.
* GLAXOSMITHKLINE : GlaxoSmithKline said its non-inhaled treatment
for a type of severe asthma met the main goals in two late-stage studies.
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