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.

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

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.

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.

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.