UK Stocks-Factors to watch on Oct 3 (updated)
03/10/2022 07:46
(Adds news, updates)
Oct 3 (Reuters) - Britain's FTSE 100 .FTSE index is
seen opening lower on Monday with futures FFIc1 down 0.98%.
* GENEL ENERGY: Iraqi Kurdistan-focused oil firm Genel
Energy Plc GENL.L appointed Paul Weir as its full-time chief
executive officer. urn:newsml:reuters.com:*:nL4N3140YN
* SHELL: Shell PLC SHEL.L announced a second investment in
Malaysia's oil and gas sector in a month as the major and its
partners, including Petronas, aim to revive output in an
environment of tight global supply. urn:newsml:reuters.com:*:nL1N31406U
* RIO TINTO: Rio Tinto RIO.AX ousted the chairman and two
other board directors at its uranium unit, a key victory in a
dispute over potential mining in Australia's Kakadu national
park that had threatened its efforts to rebuild ties with
indigenous groups. urn:newsml:reuters.com:*:nL1N3130NL
* UNILEVER: Ben & Jerry's says parent company Unilever Plc
ULVR.L wrongly transferred brand names out of reach of its
independent board more than 20 years ago in an updated lawsuit
over its business in Israel filed on Friday in federal court.
urn:newsml:reuters.com:*:nL1N30Z31Q
* GOLD: Gold prices edged higher on a softer dollar,
although prospects of central banks worldwide retaining their
aggressive monetary policy stance limited the gains for
safe-haven bullion. urn:newsml:reuters.com:*:nL1N314055
* OIL: Oil prices jumped more than 3% in early Asian trade ,
as OPEC+ considers cutting output by more than 1 million barrels
a day for its biggest reduction since the pandemic, in a bid to
support the market. urn:newsml:reuters.com:*:nL1N31400W
* METAL: Copper prices snapped four sessions of gains to
edge lower, as the prospects of aggressive interest rate hikes
globally and tightening monetary stimulus soured risk sentiment.
urn:newsml:reuters.com:*:nL1N314072
* UK's mid-cap stocks jumped on Friday, with beaten-down
sentiment getting a small lift from data that showed the British
economy performed better than expected in the second quarter,
though traders remained cautious. urn:newsml:reuters.com:*:nL4N3111U3
* For more on the factors affecting European stocks, please
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(Reporting by Prerna Bedi in Bengaluru)
((Prerna.Bedi@thomsonreuters.com;))