Britain’s FTSE 100 (.FTSE) index is seen opening 39 points higher at 6,305 on Tuesday.
Rio Tinto: Rio Tinto Ltd (RIO.AX) said it would not offer any comment in response to a threat of legal action from the largest minority shareholder in its Mongolian copper project Oyu Tolgoi.
Royal Dutch Shell: Royal Dutch Shell (RDSa.L) to face a Dutch court in the first hearing of a case brought on by environmentalist and human rights groups who demand the energy firm cut its reliance on fossil fuels.
De Beers: Diamond mining giant De Beers, a unit of Anglo American (AAL.L), on Monday outlined plans to ethically source its diamonds and be carbon neutral by 2030 due to growing investor pressure on companies to be environmentally and socially responsible.
Arcadia: British tycoon Philip Green’s Arcadia fashion group has collapsed into administration, putting over 13,000 jobs at risk and becoming the country’s biggest corporate casualty of the COVID-19 pandemic so far.
Gold: Gold prices recovered from five-month lows as worries over spiking COVID-19 cases offset optimism around vaccine developments and nudged investors towards the precious metal.
Oil: Oil prices slipped amid concerns over mounting supply after leading producers delayed talks on 2021 output policy that could extend production cuts as the coronavirus pandemic continues to sap fuel demand.
The UK blue-chip index (.FTSE) closed 1.6% lower on Monday, but recorded its biggest monthly gain in over three decades as investors bet on a working COVID-19 vaccine to speed up an economic recovery next year.