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Aug 10 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening down 4 points at 7,738 on Friday, according to financial bookmakers, with futures FFIc1 down 0.4 percent ahead of the cash market open.
* HOUSE OF FRASER: British department store House of Fraser will seek the appointment of administrators on Friday after negotiations with its investors and creditors failed to conclude in a "solvent solution", reported the BBC. The move into administration, a form of creditor protection, puts up to 17,000 jobs at risk. NATIONWIDE BUILDING SOCIETY: Britain's Nationwide Building Society POB_p.L said on Friday its pre-tax profit fell by 13 percent in the first quarter as intense competition and low interest rates dented its performance. BHP: Mining heavyweight BHP BLT.L BHP.AX said on Thursday a federal court in the Brazilian state of Minas Gerais approved an agreement between miner Samarco and Brazil authorities, marking a milestone in the legal battle over a deadly 2015 dam failure. RYANAIR: Ryanair Holdings Plc RYA.L is bracing for its biggest-ever one-day strike on Friday with pilots based in five European countries set to walk out, forcing the cancellation of about one in six of its daily flights at the height of the holiday season. Dutch court on Thursday rejected a case from Ryanair RYA.I seeking to block pilots in the Netherlands from joining a wider European strike scheduled for Friday at the airline to protest slow progress in negotiating a collective labour agreement. OIL: Oil prices dipped on Friday on worries that an escalating trade dispute between Washington and Beijing will stall economic growth and demand for fuel, even as renewed U.S. sanctions against Iran are expected to tighten supplies. The UK blue chip index closed 0.5 percent lower at 7,741.77 on Thursday, as several heavyweight stocks went ex-dividend, while disappointing earnings sent travel operator TUI down sharply. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
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