UK Stocks-Factors to watch on July 8 (updated)
08/07/2024 07:38
(Adds new items, updates futures)
July 8 - Britain's FTSE 100 .FTSE index is seen
opening lower on Monday, with futures FFIc1 down 0.1%.
* BRITVIC: British soft drinks maker Britvic BVIC.L said
it has agreed to be taken over by Carlsberg CARLb.CO for 3.3
billion pounds ($4.23 billion), after the Danish brewer
sweetened its bid.
* OCADO: British online supermarket and technology group
Ocado OCDO.L said it had boosted its partnership with Japan's
Aeon 8267.T with plans to build a third robotic warehouse.
* ADNOC: Abu Dhabi National Oil Company has earmarked a 40%
stake in its Ruwais liquefied natural gas (LNG) project to four
energy majors Shell SHEL.L , TotalEnergies TTEF.PA , BP
BP.L , and Japan's Mitsui 8031.T , sources told.
* TATA: Britain's new government is prioritising avoiding
job losses in talks with Tata Steel over government backing for
a transition to lower-carbon technologies, business minister
Jonathan Reynolds said on Sunday.
* REVOLUT: British fintech company Revolut's CEO Nikolay
Storonsky will cash in part of his multibillion dollar stake in
the company as part of a $500 million share sale, Sky News
reported on Sunday.
* PRICES: Fewer British firms plan to raise their prices in
the coming months, according to a survey that will give
reassurance to the Bank of England as it considers the
possibility of cutting interest rates as soon as next month.
* OIL: Oil prices dipped after rising for four weeks, as the
prospect of a ceasefire deal in Gaza eased geopolitical tensions
in the Middle East, while investors assessed potential
disruption to U.S. energy supplies from Tropical Storm Beryl.
* GOLD: Gold prices slipped as investors booked profits
after bullion hit a more than one-month high in the previous
session.
* For more on the factors affecting European stocks, please
click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB
($1 = 0.7811 pounds)
(Reporting by Radhika Anilkumar and DhanushVignesh Babu in
Bengaluru)
((Radhika.Anilkumar@thomsonreuters.com;))