UK Stocks-Factors to watch on June 28

Brookfield Business Partners LP

28/06/2021 06:16

June 28 (Reuters) - Britain's FTSE 100  .FTSE  index is seen
opening 6 points higher at 7,142 on Monday, according to
financial bookmakers. 
    
    * MODULAIRE GROUP: Canada's real-estate service provider
Brookfield Business Partners  BBU_u.TO  announced on Sunday an
agreement to acquire UK-based Modulaire Group  IPO-MODU.L ,
which is backed by private equity firm TDR capital, for $5
billion.  urn:newsml:reuters.com:*:nL2N2O90JA
    * GSK: GlaxoSmithKline Plc  GSK.L  has hired two banks to
help advise it on listing its consumer unit next year and on
defense against a potential activist campaign from Elliott
Investment Management, Bloomberg News reported on Friday, citing
people familiar with the matter.  urn:newsml:reuters.com:*:nFWN2O70XD
    * ASTRAZENECA: AstraZeneca Plc's  AZN.L  diabetes drug
significantly reduced blood sugar levels in adolescents aged
10–17 with type 2 diabetes in a late-stage study, the UK-based
drugmaker said on Friday.  urn:newsml:reuters.com:*:nL3N2O738M
    * SHELL: Royal Dutch Shell  RDSa.L  said on Friday it had
agreed to acquire BP's BP.L 27.5% stake in the Shearwater North
Sea gas field, raising its stake in the field to 55.5%.
 urn:newsml:reuters.com:*:nL2N2O71R8
    * RIO: A Rio Tinto Ltd  RIO.L  forerunner failed to protect
18,000-year-old artefacts showing how people lived during the
last Ice Age, part of destruction that the mining giant kept
secret for decades, an Australian Aboriginal group alleged on
Friday.  urn:newsml:reuters.com:*:nL2N2O70EX
    * GOLD: Gold prices slipped to a one-week low on Monday,
weighed down by a bounce in the dollar and mixed signals from
the U.S. Federal Reserve on monetary policy tightening despite
tame inflation data.  urn:newsml:reuters.com:*:nL3N2OA0U7
    * OIL: Oil prices hit and then recoiled from highs last seen
in October 2018 on Monday as investors eyed the outcome of this
week's OPEC+ as the United States and Iran wrangle over the
revival of a nuclear deal, delaying a surge in Iranian oil
exports.  urn:newsml:reuters.com:*:nL2N2OA032
    * Energy and mining stocks led the FTSE 100 higher on Friday
on the back of higher commodity prices with the blue-chip index
ending its best week in over a month following a boost from a
dovish central bank policy in the previous session.  urn:newsml:reuters.com:*:nL3N2O71RP
    
    * UK CORPORATE DIARY:   
 Petrofac    PFC.L    Trading update
 
    
    * For more on the factors affecting European stocks, please
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 (Reporting by Shanima A in Bengaluru)
 ((shanima.a@thomsonreuters.com; (Within UK +44 20 7542 1810;
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