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UK Stocks-Factors to watch on Aug 27

Published 27/08/2019, 06:31
© Reuters.  UK Stocks-Factors to watch on Aug 27
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Aug 27 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 10

points at 7,085 on Tuesday, according to financial bookmakers.

* SHELL: Suncor Energy Inc SU.TO and Shell Canada Ltd, a unit of Royal

Dutch Shell Plc RDSa.L , have asked Canada's energy regulator to urgently

review Enbridge Inc's ENB.TO proposal to switch to fixed contracts on its

Mainline pipeline system, arguing the changes would be an abuse of Enbridge's

market power. * GLENCORE: Argentina's opposition candidate Alberto Fernandez met with

mining companies including representatives from Glencore Plc GLEN.L on Monday

in capital Buenos Aires to discuss his plans for the sector, two sources who

attended the meeting said. * Publisher Daily Mail and General Trust DMGOa.L said on Monday it had

agreed to sell its energy information business Genscape to data analytics

provider Verisk Analytics VRSK.O for $364 million, as the publisher looks to

focus more on its portfolio. * British office space provider IWG Plc IWG.L is planning to list its U.S.

arm in New York for three billion pounds ($3.68 billion), Sky News reported on

Saturday. * British Airways pilots are to go on strike for three days in September,

their union said on Friday, in a dispute over pay that could disrupt the peak

summer holiday season. * OIL: Oil prices rose on Tuesday after U.S. President Donald Trump

predicted a trade deal with China after positive comments by Beijing, calming

nerves after a round of tit-for-tat tariff hikes had sent markets

reeling. * GOLD: Gold prices were largely steady on Tuesday, retreating from an over

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six-year peak hit in the previous session, as U.S. President Donald Trump

signalled a possible reconciliation with China, calming worries about an

escalation in their trade war. * London's main share index handed back its early gains to end 0.5% lower on

Friday after U.S. President Donald Trump's tweeted "order" that U.S. companies

shut operations in China, which dragged internationally exposed miners and banks

into the red. * For more on the factors affecting European stocks, please click on: IVE/

* UK CORPORATE DIARY:

Bunzl (LON:BNZL) BNZL.L Half Year Earnings Release

TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

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