Factors to watch on April 29
April 29 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.53%.
* ANGLO AMERICAN: BHP Group BHP.AX is considering making an improved offer for Anglo American AAL.L after its $39 billion initial proposal was rejected by the London-listed miner, a source familiar with the matter told Reuters.
* HIPGNOSIS: Private equity giant Blackstone BX.N is preparing to lodge an improved bid for Hipgnosis Songs Fund SONG.L, which owns the music rights of artists including Shakira and Blondie, Sky News reported on Sunday.
* IAG: EU antitrust regulators on Friday warned that British Airways owner IAG's ICAG.L bid to secure full control of Air Europa may reduce competition and lead to price increases.
* MOTOR INSURANCE: The cost of car insurance in the UK rose 1% in the first quarter, a survey showed, indicating an easing in the rise of premium seen last year.
* OIL: Oil prices fell in early Asian trading erasing gains from Friday as Israel-Hamas peace talks in Cairo eased fears of a wider conflict in the Middle East and U.S. inflation data further dimmed the prospects of interest rate cuts anytime soon.
* METALS: Prices of copper opened the week higher driven by dwindling raw material supply and investors' focus on a potential BHP Group-Anglo American deal that would make the world's largest copper miner.
* FTSE: Britain's benchmark FTSE 100 scored its fourth consecutive record high on Friday as strong earnings from U.S. tech giants buoyed investor sentiment, while cybersecurity firm Darktrace rallied following a buyout deal by private equity firm Thoma Bravo.
* UK CORPORATE DIARY:
Beazley | BEZG.L | Q1 trading update |
* For more on the factors affecting European stocks, please click on: LIVE/
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Reporting by Prerna Bedi in Bengaluru
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