May 23 (Reuters) – Britain’s FTSE 100 index is seen opening higher on Monday, with futures up 0.6%.
* M&C SAATCHI: M&C Saatchi’s top investor said on Friday it would not increase the terms of its takeover offer for the British advertising group, after the company agreed to be bought by consultancy Next Fifteen Communications.
* HSBC: HSBC Holdings CEO Noel Quinn says his bank will not be distracted from its ambition to lead the global economy in the transition to net zero, after a senior executive said central banks had exaggerated the financial risks of climate change.
* HOUSE PRICES: Asking prices for houses in Britain surged again in May, pushed up by a lack of new homes coming to the market rather than strong demand which looks set to fade as the cost-of-living crunch tightens, a survey showed on Monday.
* ALUMINIUM: Britain may impose anti-dumping duties of up to 29% on aluminium extrusions from China to protect domestic producers, a trade agency said on Friday.
* CORONAVIRUS: Britain reduced its COVID-19 alert level from four to three on Friday, saying the Omicron-variant wave of the virus was subsiding and healthcare pressures continued to decrease in all nations.
* OIL: Oil prices gained on Monday with U.S.fuel demand, tight supply and a slightly weaker U.S. dollar supporting the market, as Shanghai prepares to reopen after a two-month lockdown fuelled worries about a sharp slowdown in growth.
* GOLD: Gold prices touched a more than one-week high on Monday, as an easing dollar continued to support greenback-priced bullion, although higher U.S.Treasury yields capped gains.
* UK’s FTSE 100 rebounded on Friday as a move by China to support its economy lifted sentiment at the end of a rocky week for markets, while e-commerce firm THG soared after rejecting a takeover proposal.
* For more on the factors affecting European stocks, Котлы сироповарочные please click on:
TODAY’S UK PAPERS
> Financial Times
> Other business headlines (Reporting by Muhammed Husain in Bengaluru)