(Adds company news items and futures)
Oct 28 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening one
point higher at 7,325 on Monday, according to financial bookmakers, with futures
FFIc1 down 0.01% ahead of cash market open.
* FERREXPO: Iron ore pellets producer Ferrexpo FXPO.L said that Chief
Executive Officer Kostyantin Zhevago, a Ukrainian mogul, would "temporarily"
step aside to resolve matters relating to one of his former businesses in
Ukraine. * HSBC: HSBC Holdings Plc HSBA.L dropped its 2020 profit target, reported
a sharp fall in earnings and warned of a costly restructuring, as interim Chief
Executive Noel Quinn seeks to tackle its problems head-on in his bid for the
full-time role. * JUST EAT: Investor Cat Rock Capital accused internet conglomerate Prosus
of undermining the sale process of British food delivery business Just Eat,
which is the focus of a bidding war in the fast-growing sector. * TELCOS: British Prime Minister Boris Johnson is preparing to grant China's
Huawei Technologies Co Ltd HWT.UL access to the UK's future 5G telecoms
network, the Sunday Times reported. * BHP: Samarco, a joint venture between BHP Group BHP.AX BHPB.L and Vale
SA VALE3.SA , on Friday won permission to resume operations at their Germano
iron ore mine, the environmental regulator of the Brazilian state of Minas
Gerais said, roughly four years after a fatal dam collapse there. * GOLD: Gold was little changed on Monday, after a near 1% jump in the
previous session, as investors awaited a U.S. Federal Reserve rate decision
later in the week, while progress in U.S.-China trade talks limited upside.
* OIL: After strong gains last week, oil prices were slightly lower on
Monday as data released in China reinforced signs that its economy is slowing,
though progress in China-U.S. trade talks has supported prices.
* UK stocks ended Friday on a sour note as Brexit jitters weighed on
sentiment, although the exporter-heavy FTSE 100 marked its strongest weekly
performance in nine months as the continuing political divide hurt sterling.
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