May 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 35
points lower at 6,913 on Wednesday, according to financial bookmakers.
* CLIMATE: Shareholder advisory PIRC recommended investors vote against
Shell's RDSa.L non-binding resolution on its energy transition strategy on
Tuesday, setting up a showdown at its annual general meeting next
week. * TECH: Britain said a planned new law would see social media companies
fined up to 10% of turnover or 18 million pounds if they failed to stamp out
online abuses such as racist hate crimes, while senior managers could also face
criminal action. * GOLD: Gold prices fell, weighed down by higher U.S. Treasury yields and a
slight rebound in the dollar ahead of the much-awaited U.S. consumer price data
due later in the day. * OIL: Oil prices rose after industry data showed a drop in U.S. crude
inventories, which reinforced OPEC's robust demand outlook. * The UK blue-chip index .FTSE closed 2.6% lower on Tuesday after a sudden
drop in big U.S. tech stocks over inflation concerns. UK CORPORATE DIARY:
CPG.L Compass Group HY results
CCH.L Coca-Cola HBC Trading update
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