financetom
World
financetom
/
World
/
UK Stocks-UK Factors to watch on June 24
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
UK Stocks-UK Factors to watch on June 24
Jun 24, 2025 12:20 AM

June 24 (Reuters) - Britain's FTSE 100 index is

seen opening higher on Tuesday, with futures up 0.6%.

* ASTRAZENECA ( AZN ): AstraZeneca ( AZN ) said that U.S. regulators

have approved its precision drug Datroway to treat a type of

lung cancer, adding that the drugmaker would now pay partner

Daiichi Sankyo ( DSKYF ) $45 million in milestone-related

considerations.

* SAGA: British holiday group Saga said it was

in final negotiations with NatWest ( NWG ) to offer a range of

personal banking products, as the company's annual holiday

bookings tracked ahead of last year, with booked revenue up 14%.

* STHREE: British recruiter SThree reported a

14% drop in net fees for the half-year period ended May 31.

* RIO TINTO: Australia's Rio Tinto, and

Hancock Prospecting will invest $1.61 billion to develop the

Hope Downs 2 iron ore project.

* BP: BP, Eni and TotalEnergies

have begun evacuating foreign personnel from Iraqi oilfields

where they operate, state-run Basra Oil Company said on Monday.

* IAG: IAG's Spanish airline Iberia said on Monday

it was scrapping previous plans to resume flights to Doha on

Tuesday.

* CMA: Britain's competition regulator on Tuesday said it

was proposing to designate Google with "strategic

market status" to give it greater control over how the U.S. tech

giant operates search services.

* DEFENCE: British Prime Minister Keir Starmer pledged on

Monday to boost overall defence and security spending to 5% of

economic output by 2035.

* COMMODITIES: Oil prices fell sharply to their lowest in

more than a week, most metals on the London Metals Exchange and

Shanghai Futures Exchange were rangebound, and gold prices fell

to a near two-week low on Tuesday.

* For more on the factors affecting European stocks, please

click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Compiled by Nithyashree R B in Bengaluru)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump May Slap A 20% Tariff On EU, Yet April Still Offers Rally Hopes For European Stocks
Trump May Slap A 20% Tariff On EU, Yet April Still Offers Rally Hopes For European Stocks
Mar 26, 2025
The European Union is bracing for potential 20% tariffs from the Trump administration as the April 2 deadline for “reciprocal” trade measures looms. The Financial Times reported Wednesday that Maroš Šefčovič, the European Commissioner for Trade and Economic Security, warned that the U.S. may slap 20% tariffs on European Union products starting April 2, with no exemptions for any of...
COLUMN-Sterling may be vulnerable to foreigners' gilt trip: McGeever
COLUMN-Sterling may be vulnerable to foreigners' gilt trip: McGeever
Mar 26, 2025
(The opinions expressed here are those of the author, a columnist for Reuters.) By Jamie McGeever ORLANDO, Florida, March 26 (Reuters) - The overriding message from British finance minister Rachel Reeves on Wednesday was simple: the challenges facing UK policymakers are mushrooming, and their margin for error is rapidly shrinking. The UK spring fiscal update made it clear that Britain...
European Equities Track Mostly Lower in Wednesday Trading; UK Inflation Slows to 2.8%
European Equities Track Mostly Lower in Wednesday Trading; UK Inflation Slows to 2.8%
Mar 26, 2025
12:00 PM EDT, 03/26/2025 (MT Newswires) -- European stock markets were tracking mostly lower in Wednesday trading as The Stoxx Europe 600 fell 0.50%, Germany's DAX dropped 0.70%, the FTSE 100 in London was up 0.38%, France's CAC 40 was down 0.65%, and the Swiss Market Index declined 0.41%. In the UK, the consumer prices index rose 2.8% on an...
GLOBAL MARKETS-Stocks slump, dollar climbs as new tariff announcement eyed
GLOBAL MARKETS-Stocks slump, dollar climbs as new tariff announcement eyed
Mar 26, 2025
(Updates to afternoon US trading) * Stocks fall ahead of Trump auto tariff announcement * US durable goods orders rise 0.9%, beating expectations * Dollar index strengthens, on pace for fifth gain in six sessions By Chuck Mikolajczak NEW YORK, March 26 (Reuters) - Global stocks dipped for the first time in three sessions on Wednesday and the U.S. dollar...
Copyright 2023-2026 - www.financetom.com All Rights Reserved