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UK Stocks-Factors to watch on Aug 24

Published 24/08/2020, 06:39
© Reuters.
UK100
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BP
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SHEL
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GOOGL
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BNZL
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STUS
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RIO
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META
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GOOG
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Aug 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening open 25
points higher at 6,027 on Monday, according to financial bookmakers.

* RIO: Rio Tinto RIO.AX said its chief executive and two other board
members would not receive a component of their short-term bonuses for 2020
following a review of the company's destruction of two ancient caves in
Australia. * OIL FIRMS: BP BP.L , Shell RDSa.L and Chevron Corp CVX.N said on
Friday they had begun evacuating offshore oil facilities, with two tropical
cyclones heading toward the U.S Gulf of Mexico as the already active 2020
Atlantic hurricane season heats up further * FB/TAX: British finance minister Rishi Sunak plans to drop a tax on
technology companies such as Facebook FB.O and Google GOOGL.O because it
does not raise much money and could hurt a push for a U.S. trade deal, the Mail
on Sunday newspaper said. * GOLD: Gold prices fell as risk sentiment improved after the U.S. drug
regulator authorised the use of blood plasma from recovered COVID-19 patients as
a treatment option. GOL/
* OIL: Crude oil prices remained steady as storms closed in on the Gulf of
Mexico, shutting more than half the region's oil production. O/R
* The British bluechip index ended lower on Friday and broader stocks lost
for the week amid new concern over whether Britain could avoid a hard exit from
the European Union by the year-end. UK CORPORATE DIARY:

Studio Retail Group STUS.L FY Earnings Release
Bunzl PLC BNZL.L HY Earnings Release


* 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

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