May 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 10
points higher at 7,358 on Monday, according to financial bookmakers.
* RYANAIR: Ryanair RYA.L RYA.I posted its weakest annual profit in four
years on Monday and said earnings could fall further next year as Europe's
largest low-cost carrier grapples with overcapacity, Brexit and delays in
delivery of the Boeing 737 Max. * MARKS & SPENCER: Profit at Marks and Spencer MKS.L is expected to fall
for the third year in a row this week, with underlying sales poised to slip as
the British retailer works through a painful "transformation plan". * SPORTS DIRECT: Sports Direct SPD.L is considering launching a legal
action against Debenhams over its restructuring plan, The Telegraph reported on
Sunday. LONMIN: South Africa's Competition Appeal Court gave the green light on
Friday to Sibanye-Stillwater's SGLJ.J takeover of Lonmin LMI.L that aims to
create the world's second-largest platinum producer. * ESKOM: South Africa's power utility Eskom said on Friday it had raised 5.2
billion rand ($361 million) through drawdowns against a portion of committed
loans, 4 billion rand of which was received from China Development Bank (CDB),
and the issuance of domestic bonds. * The UK blue chip index closed 0.1 percent lower at 7,348.6 points on
Friday, as Just Eat slumped after Amazon backed rival food delivery firm
Deliveroo in a funding round, but losses were limited as exporters were helped
by a slide in sterling amid renewed Brexit jitters. * For more on the factors affecting European stocks, please click on:
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