UK Stocks-Factors to watch on Aug 20

Aug 20 (Reuters) - Britain's FTSE 100 index is expected to open 4 points higher at 7192.5 on Tuesday, according to financial bookmakers, with futures up 0.1% ahead of the cash market open.

* FINABLR: United Arab Emirates-based payment solutions business Finablr , which listed in London in May, on Tuesday posted a 9.1% rise in half-year group income, saying earnings were at the upper end of its guidance.

* WOOD: British oilfield services provider Wood Plc said it would sell its nuclear energy business for about $305 million to Jacob Engineering and reported a 2.6% drop in first-half revenue.

* BARCLAYS (BCS): Activist investor Edward Bramson is continuing to push for an overhaul of British banking giant Barclays (BCS), according to a report filed by his investment vehicle Sherborne Investors.

* PERSIMMON: Britain's second largest housebuilder Persimmon reported a slightly lower first-half pretax profit due to delays in delivering properties that were close to completion as it focused on better quality and customer service.

* ASTRAZENECA (AZN): British drugmaker AstraZeneca Plc (AZN) said that its diabetes drug Farxiga met the main goal of a late-stage study for the treatment of patients with heart failure.

* NON-STANDARD FINANCE: Doorstep lender Non-Standard Finance posted a massive first-half loss on Tuesday, partly due to costs related to its failed takeover attempt of larger rival Provident Financial, while a strong market demand led to a jump in adjusted earnings.

* OFGEM: A blackout in Britain which left almost one million homes without power on Aug. 9 was the result of a lightning strike, the grid operator said in a preliminary report.

* GREENE KING (GRKGF): British pubs operator Greene King (GRKGF) has agreed to a 4.6 billion pounds bid from a Hong Kong-listed company founded by the territory's richest man Li Ka-Shing, which said it was seeking to increase its UK presence even as Brexit looms.

* BHP: BHP Group posted its largest annual profit in five years and record full-year dividends, but its share price eased as the world's biggest miner flagged global economic headwinds that could hit demand for its key commodities, iron ore and copper.

* OIL: Crude oil prices held mostly steady on optimism that U.S.-China trade tensions would ease and on hopes that major economies would enact stimulus measures to counter a possible global economic slowdown that could affect oil demand.

* GOLD: Gold prices were flat, after declining more than 1% in the previous session hit by an uptick in risk appetite, while investors awaited meetings by policy-makers later in the week for clues on possible interest rate cuts.

* London's FTSE 100 bagged gains of 1% on Monday led by oil majors and Asia-exposed banks that rose on moves by China to keep business interest rates low, while pub operator Greene King (GRKGF) helped midcaps outshine after agreeing to be bought out.

* For more on the factors affecting European stocks, please click on:


> Financial Times

> Other business headlines (Reporting by Pushkala Aripaka and Shanima A in Bengaluru; Editing by Rashmi Aich)

Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.