UPDATE 1-UK Stocks-Factors to watch on March 27

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds news items, updates futures) March 27 - Britain's FTSE 100 index is seen opening higher on Monday with futures up 1%.


* GENERAL ELECTRIC: UK's anti-trust regulator said on Monday it was looking into whether FDF's proposed acquisition of General Electric Co's France-based nuclear turbine unit could lead to competition concerns.
* GENEL ENERGY: Iraqi Kurdistan-focused oil firm Genel Energy Plc said it was informed the Iraq-Turkey pipeline was


shut-in at the request of the Turkish government, although the group expects it to be temporary and continues to produce oil into storage facilities.


* STANDARD CHARTERED: Standard Chartered plans to sell its Jordanian business to Arab Jordan Investment Bank , the two parties said on Sunday, as the British lender presses ahead with plans to exit seven markets in Africa and the Middle East.
* CINEWORLD: Activist investor Elliott Management is planning a takeover of parts of the embattled British cinema operator Cineworld Group , Sky News reported on Saturday.
* NATIONAL EXPRESS: More than 3,000 bus drivers at a central England division of National Express have ended strike action after voting to accept a 16.2% pay rise, the Unite union said on Saturday.
* PAY: Post Office workers are being asked to vote on a 9% pay offer following "an extremely lengthy dispute" with employers, Britain's
Communication Workers Union said on Saturday.
* OIL: Oil markets steady as investors weigh banking crisis and comments by Russian President Vladimir Putin over the weekend that ratcheted up geopolitical tensions in Europe..
* GOLD: Gold inches lower on steady dollar, with focus on banking risks.
* METALS: Copper holds steady; LME nickel resumes Asian hours trading after over a year.


* For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines (Reporting by Prerna Bedi in Bengaluru; Editing by Dhanya Ann Thoppil)

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