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UK Stocks-UK Factors to watch on June 13
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UK Stocks-UK Factors to watch on June 13
Jun 13, 2025 1:06 AM

June 13 (Reuters) - Britain's FTSE 100 index

opened 0.6% lower on Friday.

* GSK: GSK said on Friday the European Medicines

Agency had accepted the drugmaker's application to expand the

use of its respiratory syncytial virus (RSV) vaccine, Arexvy, to

adults aged 18 and above.

* UNILEVER ( UL ): Unilever ( UL ) workers in Ivory Coast say the

global consumer goods giant is violating their collective

bargaining agreement in refusing to ensure severance pay if

layoffs take place after the company sells its business there,

documents show.

* ADRIATIC METALS ( ADMLF ): Canada's Dundee Precious Metals ( DPMLF )

will acquire UK's Adriatic Metals ( ADMLF ) in a cash-and-stock

deal valued at $1.25 billion, the companies said on Friday.

* RENOLD ( RNOPF ): U.S. private equity firm MPE Mgt Co-backed MPE

Bidco said on Friday it will buy British industrial machinery

and equipment maker Renold ( RNOPF ) in a 186.7 million pound

($252.61 million) cash deal.

* TARIFF DEAL: Britain is ready to implement its side of a

tariff deal with the United States and is hopeful for a

proclamation from U.S. President Donald Trump to put the

agreement into effect in the coming days, trade minister

Jonathan Reynolds said.

* CARBON: Britain will invest 200 million pounds ($272

million) in the Acorn carbon capture and storage (CCS) project

in Scotland.

* HIRING: British businesses hired staff at a slower pace in

May, a survey showed.

* OIL: Oil prices surged more than 9% on Friday, hitting

their highest in almost five months.

* GOLD: Gold prices climbed to their highest point in nearly

two months on Friday, and were on track for a weekly gain.

* METALS: Copper prices edged lower on Friday.

* For more on the factors affecting European stocks, please

click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting by Nithyashree R B in Bengaluru)

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