FTSE seen opening lower
FTSE gains as metals spur minersMeanwhile, the bank said it was ready to submit an updated application to South Korean authorities on its bid for Korea Exchange Bank but declined comment on a local media report that it was negotiating to cut the purchase price.
ROYAL DUTCH SHELL
The Anglo-Dutch oil major has held talks with AIM-listed oil firm Sibir Energy about a 1 billion pound asset swap deal, the Sunday Times reported.
Separately, Royal Dutch Shell and BP have approached Australia's Origin Energy about its coal-seam gas assets, the Sunday Telegraph reported, citing sources close to the company.
IMPERIAL ENERGY
Chinese state-owned oil company Sinopec has launched a bid for Imperial Energy, in a move that could trump an existing 1,290 pence a share offer for the London-listed energy group, the Sunday Telegraph reported.
HBOS
Britain's biggest home lender said on Sunday it is selling a 400 million pound portfolio of investments in British private companies.
ENERGY COMPANIES
British Prime Minister Gordon Brown is working with energy companies on a package of measure worth hundreds of millions of pounds to protect the poorest families from rising fuel bills, but is expected to stop short of ordering a windfall tax on the sector, the Financial Times said.
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