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Share Price Information for BP (BP.)

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Share Price: 475.20
Bid: 475.40
Ask: 475.55
Change: 2.40 (0.51%)
Spread: 0.15 (0.032%)
Open: 476.30
High: 479.50
Low: 474.30
Prev. Close: 472.80
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UPDATE 1-UK Stocks-Factors to watch on July 4

Wed, 04th Jul 2018 07:36

July 4 (Reuters) - Britain's FTSE 100 index is seenopening 15 points lower at 7,578 on Wednesday, according tofinancial bookmakers, with futures down 0.10 percentahead of the cash market open.

* SAINSBURY'S: Sainsbury's, Britain's secondbiggest supermarket group which agreed a 7.3 billion pound ($9.7billion) takeover of rival Asda in April, saw salesgrowth slow in its latest quarter, reflecting price cuts in acompetitive market.

* NATIONAL EXPRESS: British transport company NationalExpress said its Spanish and Moroccan business has won a1 billion euro ($1.17 billion) contract in Morocco to run busservices on 61 routes for 15 years.

* SIG: British building products supplier SIG Plcsaid on Wednesday it appointed Ernst & Young LLP as its externalauditor, a week after UK's accounting watchdog began aninvestigation into Deloitte LLP's audit of the company's twofinancial statements.

* BP: BP and ConocoPhillips announced onTuesday a swap deal that will see the British oil giant increaseits stake in a major North Sea development while its U.S. peerwill grow in Alaska.

* GLENCORE: U.S. authorities have demanded Glencorehand over documents about its business in the DemocraticRepublic of Congo, Venezuela and Nigeria as part of a corruptionprobe, sending the mining company's shares down more than 8percent.

* VEDANTA RESOURCES: Billionaire Anil Agarwal faces investorresistance to his $1 billion bid to buy out minorityshareholders in Vedanta Resources and take theLondon-listed Indian miner private.

* ROLLS-ROYCE: Rolls-Royce Corp, a unit of Rolls-RoyceHoldings Plc, has won a $420 million contract for AE3007H (military designation F137) engine-sustainment services,the Pentagon said in a statement on Tuesday.

* SHELL: A planned overhaul of the gasoline-producing unitat Royal Dutch Shell Plc's 209,787 barrel-per-day (bpd)Convent, Louisiana, refinery is on schedule to finish in thefirst week of August, sources familiar with plant operationssaid.

* VEDANTA: Vedanta Ltd has sought a permanentinjunction against the Tamil Nadu state government frominterfering with the operations of its copper smelter, accordingto a petition filed with the country's environmental court.

* RYANAIR: Pilots directly employed by Ryanair andwho are members of its Irish trade union will go on strike forthe first time on July 12 after the union said on Tuesday theairline had failed to meet demands over new working practices.

* GOLD: Gold prices rose to a one-week high early onWednesday, rebounding from a seven-month low touched in theprevious session, as the dollar softened, stoking some demandfor the yellow metal.

* OIL: Oil prices edged up on Wednesday following a reportof tightening U.S. fuel inventories amid an outage at SyncrudeCanada oil sands facility in Alberta, which usually supplies theUnited States.

* The UK blue chip FTSE 100 index closed 0.6 percenthigher at 7,593.29 points on Tuesday, making back some ofMonday's 1.2 percent loss when concerns over global trade hitrisky assets.

* For more on the factors affecting European stocks, pleaseclick on: cpurl://apps.cp./cms/?pageId=livemarkets

TODAY'S UK PAPERS

> Financial Times

> Other business headlines(Reporting by Siju Varghese)

More News
22 Dec 2023 19:24

Equinor takes stakes in 2 Angola oil exploration blocks

OSLO, Dec 22 (Reuters) - Equinor has secured stakes in two more oil exploration blocks offshore Angola as it seeks to extend its presence in the country, the head of the Norwegian company's Africa operation said in a statement on Friday.

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22 Dec 2023 19:20

Equinor takes stakes in 2 Angola oil exploration blocks

OSLO, Dec 22 (Reuters) - Equinor has secured stakes in two more oil exploration blocks offshore Angola as it seeks to extend its presence in the country, the head of the Norwegian company's Africa operation said in a statement on Friday. (Reporting by Terje Solsvik, editing by Essi Lehto)

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22 Dec 2023 11:00

US offshore wind poised for success next year after turbulent 2023

NEW YORK, Dec 22 (Reuters) - The U.S. offshore wind industry is eying a brighter 2024, with work expected to start on several projects following a year marked by stalled developments and billions of dollars in write-offs.

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20 Dec 2023 18:16

US Gulf of Mexico oil auction is largest since 2015

Dec 20 (Reuters) - A Biden administration auction of Gulf of Mexico drilling rights raised $382 million on Wednesday as oil companies claimed offshore acreage for what is set to be the last time until 2025.

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20 Dec 2023 17:37

US Gulf of Mexico oil auction raises $382 million in high bids

Dec 20 (Reuters) - A Biden administration auction of Gulf of Mexico drilling rights raised more than $382 million on Wednesday, the highest total for a federal offshore oil and gas auction since 2015.

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20 Dec 2023 17:00

Sustainable Finance Newsletter - This time it's different for US SEC climate rules

Dec 20 (Reuters) -

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20 Dec 2023 15:36

Shipping container price surge to reverse due to overcapacity -logistics platform

MUMBAI, Dec 20 (Reuters) - Higher prices for containers used by merchant ships caused by attacks on Red Sea shipping are likely to fall back in three to nine months to levels seen in early December due to market overcapacity, the head of an online container logistics platform said on Wednesday.

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20 Dec 2023 15:05

London close: Stocks rise as UK inflation slows further

(Sharecast News) - London's stock markets saw a notable upswing on Wednesday, driven by encouraging data revealing a greater-than-anticipated slowdown in UK inflation for November.

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19 Dec 2023 20:11

Norwegian Johan Sverdrup crude prices soar on Red Sea shipping issues

LONDON, Dec 19 (Reuters) - Prices for Norway's Johan Sverdrup crude soared on Tuesday, a move traders said could be linked to mounting concerns around the security of crude flows into Europe following maritime attacks by Yemen's Houthis in the Red Sea.

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19 Dec 2023 19:10

US launches Red Sea force as ships reroute to avoid attacks

Crisis is spillover from Israel-Hamas war

*

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19 Dec 2023 17:14

Shippers mask positions, weigh options amid Red Sea attacks

Dec 19 (Reuters) - A number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders adjust routes and prices in response to maritime attacks by Yemen's Iran-aligned Houthis on the world's main East-West trade route.

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19 Dec 2023 17:01

LONDON MARKET CLOSE: Stocks close higher ahead of UK inflation data

(Alliance News) - Stock prices in Europe closed higher on Tuesday, after data confirmed that the eurozone is inching closer towards its 2% inflation targets.

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19 Dec 2023 15:02

London close: Stocks manage gains amid holiday slowdown

(Sharecast News) - London's financial markets showed resilience on Tuesday, maintaining positive momentum despite the usual holiday slowdown.

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19 Dec 2023 13:18

UK warns of deteriorating security in Red Sea, Royal Navy ship joins taskforce

LONDON, Dec 19 (Reuters) - Britain warned that the security situation in the Red Sea was deteriorating and ballistic missile and drone attacks were an increased threat, as it agreed for a Royal Navy Destroyer to join a U.S.-led operation to safeguard commerce in the region.

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19 Dec 2023 11:49

LONDON MARKET MIDDAY: FTSE 100 flat; Eurozone inflation cools to 2.4%

(Alliance News) - Stock prices in London were mixed at midday Tuesday, despite news that the eurozone's inflation is edging closer to its 2% target.

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