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UPDATE 1-UK Stocks-Factors to watch on Nov. 11

Published 11/11/2019, 06:40 pm
Updated 11/11/2019, 06:42 pm
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Nov. 11

(Adds futures, news items)

Nov 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 3 points lower at 7,357 on Monday, according to financial bookmakers, with futures FFIc1 down 0.35% ahead of the cash market open.

* BRITISH STEEL: China's Jingye Group said it is still in talks to buy British Steel after the BBC reported the company was set to buy the UK steelmaker for 70 million pounds ($90 million). JUST EAT: Netherlands-based Prosus PRX.AS said it had published its cash offer document to buy online takeaway delivery platform Just Eat JE.L for 710 pence a share, pitching its bid against rival Takeaway.com with a lowered acceptance threshold of 75%. GREGGS: British baker and takeaway food group Greggs GRG.L forecast a 2019 pretax profit ahead of previous expectations after enjoying strong trading despite comparatives with last year getting progressively harder. ELECTROCOMPONENTS: Electrocomponents' ECM.L top boss Lindsley Ruth would be on a leave of absence while he gets treated for a "medical condition", the company said. ECO ANIMAL HEALTH: Veterinary medicines maker ECO Animal Health Group EAH.L said its business in China was hit by an outbreak of African swine fever, while the ongoing U.S.-China trade war squeezed margins in the United States. BHP: BHP Group's BHPB.L BHP.AX petroleum division head said on Monday the business is set to deliver strong returns and cash flow through the 2020s and beyond, supported by a raft of high-potential projects. It may also pursue acquisitions to help grow its petroleum business. ASTRAZENECA: AstraZeneca AZN.L on Friday said that safety data on roxadustat underpinned the British drugmaker's hopes for the anaemia drug to become a standard treatment for patients with kidney disease. SHELL: Royal Dutch Shell RDSa.L said there was a gas leak on Friday on a unit at its 404,000 barrel per day Pernis oil refinery in the Netherlands. The leak had been stopped and the situation at the refinery is under control, a spokesman said. UNILEVER: Unilever Plc's ULVR.L Ben & Jerry's has been sued by an environmental advocate who said it deceived consumers by touting that the milk and cream it uses to make ice cream came exclusively from "happy cows." GOLD: Gold prices edged up on Monday, after touching a three-month low in the previous session, as concerns linger over the trade war between the United States and China and the prospect of a slowing global economy. OIL: Oil prices fell on Monday amid renewed doubts over the prospects of a trade deal between the United States and China, while concerns over excess supplies also weighed on the market. The UK blue-chip index closed down 0.6% on Friday, dragged by declines in mining stocks and a 4% drop in Asia-exposed luxury brand Burberry. For more on the factors affecting European stocks, please click on: LIVE/

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