June 3 - Britain's FTSE 100 index is seen
opening high on Monday, with futures up 0.83%.
* SHEIN: Online fashion firm Shein is preparing to file a
prospectus with Britain's Financial Conduct Authority for
approval ahead of a potential London float which could value it
around 50 billion pounds ($63.71 billion), Sky News reported on
Sunday.
* HIPGNOSIS SONGS FUND ( HPGSF ): Blackstone will sweeten its
offer for Hipgnosis Songs Fund ( HPGSF ) by a cent to $1.31 from
$1.30 as part of a revised bid that would value the firm at
nearly at $1.6 billion, the Financial Times reported on Monday.
* ASTRAZENECA ( AZN ): AstraZeneca ( AZN ) and Daiichi Sankyo's ( DSKYF )
Enhertu slows the progression of breast cancer by about
five months in women whose disease worsened after endocrine
therapy - even if they had very low levels of the mutant protein
targeted by the drug, according to trial results announced on
Sunday.
* ZANTAC: A Delaware judge has allowed more than 70,000
lawsuits over discontinued heartburn drug Zantac to go forward,
ruling that expert witnesses can testify in court that the drug
may cause cancer.
* OIL: Oil prices were little changed, as investors weighed
a move by producer group OPEC+ to extend deep output cuts well
into 2025.
* London stocks closed higher on Friday, logging a third
straight month of gains, as investors cheered an in-line
inflation reading from the U.S. that brought back some hopes of
a September rate cut by the Federal Reserve.
* For more on the factors affecting European stocks, please
click on:
TODAY'S UK PAPERS
> Financial Times
> Other business headlines
($1 = 0.7848 pounds)
(Reporting by Anchal Rana in Bengaluru)