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News: XAF UK Stocks-Factors to watch on Aug. 16

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    Aug 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures FFIc1 down 0.6%.

    • BHP: BHP Group Ltd (BHP) is in talks to sell its petroleum business to Australia's top independent gas producer Woodside Petroleum Ltd (WPL) in exchange for shares, the companies confirmed.
    • HSBC: HSBC HSBA.L said it had agreed to acquire Axa's AXAF.PA insurance assets in Singapore for $575 million as it scales up its insurance and wealth business.
    • JOBS: British employers plan to increase staff numbers by the most in more than eight years over the coming months and few intend to make staff redundant when government furlough support ends next month, a survey showed.
    • IAG: British Airways ICAG.L is not currently using Afghanistan's airspace, the airline said on Sunday as Taliban insurgents entered the capital city.
    • GOLD: Gold prices held near a one-week high, as a plunge in U.S. consumer sentiment allayed some concerns of an early tapering by the Federal Reserve.
    • OIL: Oil prices fell more than 1%, dropping for a third session, as government-imposed restrictions on mobility to counter the spread of the Delta variant raised worries about a recovery in fuel demand.
    • London's FTSE 100 recorded its longest weekly winning streak since November on Friday, although investors fret that an overheating economy could lead the central bank to pull back asset purchases earlier than expected.
    • For more on the factors affecting European stocks, please click on:

      TODAY'S UK PAPERS > Financial Times > Other business headlines

 
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