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UK Stocks-Factors to watch on July 15

UPDATE 1-UK Stocks-Factors to watch on July 15 Adds new items, updates futures July 15 - Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures FFIc1 down 0.4%. * BURBERRY: British luxury group Burberry BRBY.L named former Michael Kors boss Joshua Schulman as its new chief executive , as it warned on profit and scrapped its dividend payment for this year.
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UK Stocks-Factors to watch on July 15

UK Stocks-Factors to watch on July 15 July 15 - Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures FFIc1 down 0.24%. * RIO TINTO: Rio Tinto RIO.AX , RIO.L said it has agreed to develop an 80 megawatt (MW) solar farm to facilitate the supply of renewable energy to its operations in Western Australia's Pilbara region. * INTEREST RATES: Bank of England interest rate-setter Swati Dhingra said inflation in Britain was unlikely to rise sharply again and the central bank shoul
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Palm oil opens lower ahead of cargo surveyor data

VEGOILS-Palm oil opens lower ahead of cargo surveyor data KUALA LUMPUR, July 15 (Reuters) - Malaysian palm oil futures opened lower on Monday, mirroring weakness in rival Dalian and Chicago oils, while traders awaited export estimates from cargo surveyors for the July 1-15 period. The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange slid 13 ringgit, or 0.33%, to 3,902 ringgit ($835.01) a metric ton in early trade.
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Gold eases as dollar firms, investors seek more cues on Fed's rate path

PRECIOUS-Gold eases as dollar firms, investors seek more cues on Fed's rate path July 15 (Reuters) - Gold prices inched down on Monday as the dollar held firm, while investors looked towards comments from Federal Reserve officials and economic data for further cues on U.S. interest rate path. FUNDAMENTALS * Spot gold XAU= was down 0.2% at $2,407.29 per ounce, as of 0049 GMT.
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Wheat drops to 3-month low on supply pressure; corn, soybeans ease

GRAINS-Wheat drops to 3-month low on supply pressure; corn, soybeans ease SINGAPORE, July 15 (Reuters) - Chicago wheat futures lost more ground on Monday, with prices dropping to their lowest levels in three months, as pressure from freshly harvested crops in the United States and Russia dragged down the market. Corn prices fell amid expectations of higher U.S.
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Asking prices for UK homes fall as buyers await BoE rate cut, Rightmove says

Asking prices for UK homes fall as buyers await BoE rate cut, Rightmove says By Andy Bruce July 15 (Reuters) - Asking prices for British homes coming to the market fell this month, with signs that some buyers are waiting for the Bank of England to cut interest rates, a survey from property website Rightmove showed on Monday. The company said the average asking price was 373,493 pounds ($484,943) for property put on sale between June 9 to July 6, 0.4% less than a month earlier .
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UK Stocks-Factors to watch on June 17

UPDATE 1-UK Stocks-Factors to watch on June 17 Updates futures, Adds news items June 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0 .4%. * KINGFISHER: Kingfisher Plc KGF.L on Monday named Bhavesh Mistry as its new finance chief and said current CFO Bernard Bot will retire and leave the company no earlier than January 2025. * ASTRAZENECA: AstraZeneca's AZN.L blockbuster cancer drug Imfinzi combined with chemotherapy has been approved in the
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UK Stocks-Factors to watch on June 17

UK Stocks-Factors to watch on June 17 June 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.44%. * MANUFACTURERS: Britain's manufacturers want the next government to deliver a formal industrial strategy and forge closer trade ties with the European Union , according to a survey published by the sector's own trade body.
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Gold inches lower as firmer bond yields dent appeal

PRECIOUS-Gold inches lower as firmer bond yields dent appeal June 17 (Reuters) - Gold prices edged lower on Monday, weighed down by higher U.S. Treasury yields, as market participants looked out for more economic data to gauge when the Federal Reserve will start cutting its interest rates. FUNDAMENTALS * Spot gold XAU= was down 0.3% at $2,326.78 per ounce, as of 0126 GMT.
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Wheat drops nearly 1.5% on harvest pressure; corn, soybeans fall

GRAINS-Wheat drops nearly 1.5% on harvest pressure; corn, soybeans fall SINGAPORE, June 17 (Reuters) - Chicago wheat futures slid about 1.5% on Monday to their lowest levels in six weeks, as pressure from rapidly advancing winter crop harvest in the United States added pressure on prices. Corn lost nearly 1%, while soybeans were down 0.4%, with focus on the weather in the U.S.
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Asking prices for UK houses stagnate in June, Rightmove says

Asking prices for UK houses stagnate in June, Rightmove says By Andy Bruce June 17 (Reuters) - Asking prices for British homes coming to the market were flat this month, adding to signs of a recent cooling off in the housing market upswing, a survey from property market website Rightmove showed on Monday. The company said the average asking price was 375,110 pounds ($475,827) for property put on sale between May 12 and June 8 , down 21 pounds from a month earlier and statistically a flat reading
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UK housebuilders bemoan lack of new election housing pledges

UK housebuilders bemoan lack of new election housing pledges By Aby Jose Koilparambil June 13 (Reuters) - Britain's housebuilders are disappointed with what they see as a lack of radical measures to tackle the country's housing shortage in the election manifestoes of both major parties, industry executives said on Thursday. At its manifesto launch, the Labour Party confirmed its plans to build 1.5 million new homes, just short of the 1.6 million homes over the next five years promised to voters
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British Business - June 6

PRESS DIGEST-British Business - June 6 June 6 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Three British oil and gas companies, namely Jersey Oil and Gas JOG.L , Serica Energy SQZ.L and Neo Energy, have delayed a decision on a new development in the North Sea amid uncertainty over whether a potential UK Labour government would impose more punitive windfall taxes
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UK's M&S taps Rightmove's Alison Dolan as finance chief

UPDATE 2-UK's M&S taps Rightmove's Alison Dolan as finance chief Dolan will succeed interim CFO Jeremy Townsend Townsend will remain in role until May 2025 Dolan's starting date to be decided in due course Adds share movement in paragraph 3, details on Dolan in paragraph 7 May 29 (Reuters) - Marks & Spencer (M&S) MKS.L said on Wednesday it has appointed Alison Dolan as its chief financial officer, days after the British retailer smashed profit forecasts and announced its first yearly dividend si
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M&S names Rightmove's Alison Dolan as CFO

M&S names Rightmove's Alison Dolan as CFO May 29 (Reuters) - British retailer Marks & Spencer MKS.L said on Wednesday it has appointed Rightmove's RMV.L Alison Dolan as its chief financial officer. Reporting by Anandita Mehrotra in Bengaluru; Editing by Shailesh Kuber
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Top of the Street: Unilever, Nestle, SAP, Rightmove, Auto Trader Group

BUZZ-Top of the Street: Unilever, Nestle, SAP, Rightmove, Auto Trader Group A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** J.P. Morgan double upgrades consumer goods group Unilever ULVR.L to "overweight" from "underweight" as it expects its volume levels to recover, and sees its pricing helping top-line, reinvestments and margin outperformance ** The broker downgrades the world's biggest packaged food company Nestle NESN.S to "neutral" from "overweight"
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Anglo American, Nestle, Unilever

EUROPE RESEARCH ROUNDUP-Anglo American, Nestle, Unilever May 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Anglo American, Nestle and Unilever on Thursday. HIGHLIGHTS * Anglo American AAL.L : Jefferies raises target price to 3,200p from 3,000p * DCC Plc DCC.L : HSBC raises target price to 7920p from 7170p * Marks and Spencer Group MKS.L : Jefferies raises target price to 330p from 310p * Nestle SA NESN.S : JP Morgan cuts to neu
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UK Stocks-Factors to watch on May 20

UPDATE 1-UK Stocks-Factors to watch on May 20 Adds news items, updates futures May 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0 .11%. * A STRAZENECA: AstraZeneca AZN.L said it plans to build a $1.5 billion manufacturing facility in Singapore in an effort to enhance its antibody drug conjugates (ADCs) portfolio.
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UK Stocks-Factors to watch on May 20

UK Stocks-Factors to watch on May 20 May 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.2%. * MARKS & SPENCER: British retailer Marks & Spencer MKS.L apologised to customers after its website and app went offline for several hours because of a "technical issue". * RIGHTMOVE: Prices of homes being put up for sale in Britain have hit record highs despite still expensive mortgage costs, but the pace of gains has slowed, according to data from
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Copper hits record high on China's property support measure

METALS-Copper hits record high on China's property support measure May 20 (Reuters) - Prices of copper hit record highs in London and Shanghai on Monday on property stimulus measures and better-than-expected industrial output data in China, as well as systematic buying. Three-month copper on the London Metal Exchange CMCU3 rose 2.7% to $10,959.50 per metric ton by 0158 GMT, having surged as much as 4.1% earlier in the session to a historic high of $11,104.50. The most-traded July copper contract
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