UK Stocks-Factors to watch on March 27 (updated)
27/03/2023 07:58
(Adds news items, updates futures)
March 27 - Britain's FTSE 100 .FTSE index is seen opening higher on
Monday with futures FFIc1 up 1%.
* GENERAL ELECTRIC: UK's anti-trust regulator said on Monday it was looking
into whether FDF's EDF.PA proposed acquisition of General Electric Co's GE.N
France-based nuclear turbine unit could lead to competition concerns.
* GENEL ENERGY: Iraqi Kurdistan-focused oil firm Genel Energy Plc
GENL.L said it was informed the Iraq-Turkey pipeline was
shut-in
at the request of the Turkish government, although the group expects it to
be temporary and continues to produce oil into storage facilities.
* STANDARD CHARTERED: Standard Chartered STAN.L plans to sell its
Jordanian business to Arab Jordan Investment Bank AJIB.AM , the two parties
said on Sunday, as the British lender presses ahead with plans to exit seven
markets in Africa and the Middle East.
* CINEWORLD: Activist investor Elliott Management is planning a takeover of
parts of the embattled British cinema operator Cineworld Group CINE.L , Sky
News reported on Saturday.
* NATIONAL EXPRESS: More than 3,000 bus drivers at a central England
division of National Express NEX.L have ended strike action after voting to
accept a 16.2% pay rise, the Unite union said on Saturday.
* PAY: Post Office workers are being asked to vote on a 9% pay offer
following "an extremely lengthy dispute" with employers, Britain's
Communication Workers Union said on Saturday.
* OIL: Oil markets steady as investors weigh banking crisis and comments by
Russian President Vladimir Putin over the weekend that ratcheted up geopolitical
tensions in Europe..
* GOLD: Gold inches lower on steady dollar, with focus on banking risks.
* METALS: Copper holds steady; LME nickel resumes Asian hours trading after
over a year.
* 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
(Reporting by Prerna Bedi in Bengaluru; Editing by Dhanya Ann Thoppil)
((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))