May 21 (Reuters) - Britain's FTSE 100 index is
seen opening higher on Wednesday, with futures up 0.06%.
* SHELL: Shell shareholders on Tuesday
re-elected Chair Andrew Mackenzie and CEO Wael Sawan, who said
when asked about a potential deal for rival BP that the
bar for mergers and acquisitions was very high.
* ADRIATIC METALS ( ADMLF ): UK's Adriatic Metals ( ADMLF ) said on
Tuesday it was in talks with Canadian peer Dundee Precious
Metals ( DPMLF ) regarding a possible takeover.
* DIAGEO ( DEO ): Diageo's ( DEO ) stake in LVMH's drinks
business Moet Hennessy and beer brand Guinness will not be
included in the disposal plan announced by the group this week,
finance chief Nik Jhangiani said on Tuesday.
* HARMONY ENERGY INCOME TRUST: UK's takeover panel on
Tuesday cancelled an auction to conclude the sale of Harmony
Energy Income Trust, set to take place on May 21, after
Drax ( DRXGF ), one of the bidders, decided against raising its
offer.
* OIL: Oil prices jumped more than 1% on Wednesday after
reports Israel is preparing a strike on Iranian nuclear
facilities, raising fears that a conflict could upset supply
availability in the key Middle East producing region.
* METALS: Copper prices in London rose on Wednesday,
tracking weakness in the U.S. dollar and stimulus efforts from
top consumer China, although gains were limited due to
persisting uncertainty over economic growth from tariffs.
* The British benchmark index FTSE 100 closed at a two-month
high on Tuesday, buoyed by strong corporate earnings, while
investors awaited updates on trade-related developments.
* UK CORPORATE DIARY:
Marks & Spencer ( MAKSF ) FY results
Currys ( DSITF ) FY results
SSE FY results
JD Sports Fashion FY results
Severn Trent FY results
Ithaca Energy Q1 trading statement
* For more on the factors affecting European stocks, please
click on:
TODAY'S UK PAPERS
> Financial Times
> Other business headlines
(Reporting by Yamini Kalia in Bengaluru)