UK Stocks-Factors to watch on June 17



June 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 27 points lower at 7,158 on Thursday, according to financial bookmakers.

* SHELL: Royal Dutch Shell RDSa.L has signed a non-binding memorandum of understanding (MoU) with Singapore state firm JTC Corp JTC.UL to explore developing a solar farm on part of a landfill in southern Singapore, the companies said.

* RYANAIR: Ryanair Holdings Plc RYA.I and the owner of three major English airports said on Wednesday they would sue the UK government over the 'traffic light' system it has put in place for international travel.

* BHP: BHP Group BHP.AX expects to present its board with a decision on whether to proceed with its Jansen potash project in Canada in a few months' time - rather than mid-year - after choosing between two port options, an executive said.

* COMPANIES: British companies have returned more than 1 billion pounds of furlough cash as investors press managements to repay taxpayer funds taken during the COVID-19 pandemic before paying big bonuses, the Financial Times said.

* GOLD: Gold prices rose as investors took advantage of a sharp fall in the previous session to buy the metal after the U.S. Federal Reserve signalled it might raise interest rates sooner than expected.

* OIL: Crude oil prices fell as the U.S. dollar strengthened after the U.S. Federal Reserve signaled it might raise interest rates faster than expected.

* The UK blue-chip index .FTSE closed 0.2% higher on Wednesday, helped by gains in industrial and defensive stocks, while data showed inflation jumped past the central bank's target as Britain emerges from a third national lockdown.

* UK CORPORATE DIARY:

SAFE.L

Safestore

HY results WTB.L

Whitbread

Trading update SYNCS.L

Syncona

FY results HFD.L

Halfords

FY results RECL.L

Record

FY results

* For more on the factors affecting European stocks, please click on:

TODAY'S UK PAPERS

> Financial Times

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Reporting by Priyanshi Mandhan in Bengaluru

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