UK Stocks-Factors to watch on Nov 25
Corrects day to 'Monday' from 'Friday' in paragraph 1
Nov 25 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.2%.
* BP: Brazilian state-run oil firm Petrobras PETR4.SA is in talks with Raizen RAIZ4.SA and Inpasa, as well as Britain's BP BP.L for a potential partnership in the ethanol segment, two sources familiar with the matter told Reuters on Friday.
* ASDA: Struggling British supermarket Asda said on Saturday veteran retailer Allan Leighton would return as executive chairman, more than two decades after he served as CEO when he turned around the business before selling it to Walmart WMT.N.
* UK ECONOMY: British employers have been caught off guard by a 25 billion pound tax rise at last month's budget and plan to cut training, investment and jobs in response, the Confederation of British Industry said before its annual conference on Monday.
* OIL: Oil prices retreated following 6% gains last week, but remained near two-week highs as geopolitical tensions grew between Western powers and major oil producers Russia and Iran, raising risks of supply disruption.
* GOLD: Gold's five-day rally pauses due to some profit-taking and Trump's pick of Scott Bessent as U.S. Treasury Secretary, hinting at tempered use of tariffs and easing U.S.-China trade uncertainty, said IG market strategist Yeap Jun Rong.
* FTSE: Britain's FTSE 100 recorded its biggest weekly gain in more than six months on Friday as a slide in sterling supported dollar earners, while banks came under pressure from weak business activity data.
* For more on the factors affecting European stocks, please click on: LIVE/
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Reporting by Aby Jose Koilparambil in Bengaluru
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