12 de septiembre de 2016 / 6:31 / en un año

UPDATE 3-UK Stocks-Factors to watch on Sept 12

(Adds company news items)

Sept 12 (Reuters) - Britain’s FTSE 100 index is seen opening down 96 points, or 1.4 percent, on Monday, according to financial bookmakers, with futures down 1.2 percent ahead of the cash market open.

* The UK blue chip index closed down 1.2 percent at 6,776.95 points on Friday, posting its biggest weekly decline since May, after the European Central Bank made no changes in its asset-buying programme.

* TBC BANK GROUP: Georgia’s largest retail bank TBC Bank Group said on Monday it would buy Societe Generale’s 93.64 percent stake in JSC Bank Republic for 103 million pounds ($136.8 million), creating the largest bank in Georgia by loans and deposits.

* SVG CAPITAL: Private equity investor HarbourVest Partners said it had offered to buy SVG Capital for 1.02 billion pounds ($1.35 billion) in cash.

* JOHN LAING: John Laing Infrastructure Fund Ltd (JLIF), one of Europe’s largest listed infrastructure funds, said it expects a slowdown in market activity due to Britain’s vote to leave the European Union as investors assess the ramifications.

* ABERDEEN ASSET MANAGEMENT: British’s Financial Conduct Authority has asked Aberdeen Asset Management to increase the required minimum level of capital it holds for regulatory purposes, the asset manager said on Monday.

* ASSOCIATED BRITISH FOODS: Primark-owner Associated British Foods on Monday raised its earnings outlook for the second time in two months, benefiting from better-than-expected second-half trading and favourable currency moves since the Brexit vote.

* SABMILLER/AB INBEV: Once Anheuser-Busch InBev seals its 79 billion pound ($104.8 billion) takeover of rival brewer SABMiller, it could find itself party to other smaller deals, involving Castel Group, Coca-Cola and Anadolu Efes.

* VODAFONE: Vodafone Group Plc could benefit from a merger with Liberty Global Plc, according to a report in Barron‘s, which added the British telecommunications company’s shares could also be poised for a 33 percent rise.

* ROLLS-ROYCE: Rolls-Royce has appointed Simon Kirby, the head of British high-speed rail project HS2, as chief operating officer, the aerospace and engineering group said on Saturday.

* TESCO: Britain’s Serious Fraud Office has charged three former senior Tesco executives with fraud in its investigation into accounting practices at the country’s biggest supermarket chain.

* LIDL: The boss of Lidl’s British business has left the discount supermarket and is being replaced by the firm’s executive in charge of sales and operations in Austria.

* BRITISH AMERICAN TOBACCO: The death toll from a fire at a food and cigarette packaging factory in Bangladesh rose to 29 on Sunday as fire crews began digging through debris, and the number of fatalities could rise with over half a dozen people still missing. Tampaco Foils makes packaging for food and cigarettes for a number of local players and global brands like British American Tobacco, Nestle and Nabisco Biscuit & Bread - a unit of food giant Mondelez International.

* ESURE: The motor insurance group Esure is this week set to unveil plans for a 500-million-pound demerger of its price comparison unit, Go Compare, Sky News reported on Sunday. bit.ly/2cgSJqA

* ROYAL DUTCH SHELL: Royal Dutch Shell has started production at the world's deepest underwater oil and gas field, 1.8 miles beneath the sea surface in the Gulf of Mexico, the Guardian reported on Sunday. bit.ly/2chptzN

* ROYAL DUTCH SHELL: The U.S. Marshals Service has blocked a Royal Dutch Shell-chartered vessel carrying up to 600,000 barrels of crude oil headed to the Monroe Energy refinery outside of Philadelphia from leaving the port in connection with a civil court order, the federal agency said.

* UK PENSIONS: A common platform to enable British savers to group all their pension pots in one place and potentially recover 400 million pounds ($530 million) in lost savings should be ready by March 2017, Britain’s finance ministry said on Sunday.

* UK ENERGY: Korea Electric Power Corporation (Kepco) is in talks about joining the NuGen consortium planning a 10-billion-pound plant at Moorside on the Cumbrian coast alongside existing owners Toshiba of Japan and Engie of France, the Financial Times reported on Sunday. on.ft.com/2chci26

* UK ENERGY: A nuclear power station being built in France using the same design earmarked for Hinkley Point in Somerset may have to restrict its output or could be abandoned because of the costs of correcting safety flaws, experts have warned, the Times reported on Monday. bit.ly/2cPHWsC

* UK CORPORATION TAX: The new Chancellor has indicated that he will not slash corporation tax to 15 percent in a bid to boost the economy, dismissing predecessor George Osborne's plan as just a suggestion, the Telegraph reported on Sunday. bit.ly/2cPibZe

* UK INSURANCE: The UK government has moved to boost London's position in the insurance world by pressing ahead with new rules designed to attract one of the fastest growing parts of the market, the Financial Times reported on Sunday. on.ft.com/2chd6Uy

* BREXIT: Britain’s government needs to speed up its decision-making on big infrastructure projects to help the country’s economy withstand a slowdown caused by the Brexit vote, a leading employers group said on Monday.

* UK IMMIGRATION: Britain’s interior minister Amber Rudd said on Sunday she was looking at a work permits system to control migration from the European Union, responding to Brexit voters’ demand for tighter border controls.

* OIL: Oil prices fell on Monday after U.S. oil drillers added rigs to look for new production as producers adapt to cheaper crude, and speculators cut positions betting on further price rises.

* COPPER: London copper was stuck near its weakest in two months on Monday as the dollar held gains and as investors turn increasingly bearish on the metal given prospects for rising supply.

* U.S. RIG COUNT: U.S. drillers this week added oil rigs for a tenth week in the past 11, according to a closely followed report on Friday, the longest streak of not cutting rigs since 2011, as the rig count recovered to February levels.

* For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets


> Financial Times

> Other business headlines Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit topnews.session.rservices.com * For Top News : topnews.reuters.com (Reporting by Pranav Kiran in Bengaluru; Editing by Sunil Nair)

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