UPGRADE 2-UK Stocks-Factors to see on June 8

(Includes business news items, updates futures) Britain’s FTSE 100 index is seen opening down by
14 points, or 0.2 percent, on Wednesday, according to financial bookmakers, with
futures down about 0.1 percent ahead of the cash market open. For more
on the factors impacting European stocks, please click * The UK blue chip index closed up 0.2 percent on Tuesday at 6,284.53,
chalking up its third straight day of gains, as an increase in oil and energy shares
offset weaker mining stocks. * VODAFONE: Sky Network Ltd on Wednesday said it is in discussions
with Vodafone Group Plc about a possible merger of their New Zealand
companies. * RIO TINTO: Resources gigantic Rio Tinto has released a cash
tender offer to purchase $3 billion of financial obligation in its second major buyback in as
lots of months. * GSK: A speculative drug for rheumatoid arthritis developed by Johnson &&
. Johnson and GlaxoSmithKline slowed joint damage and improved.
symptoms of the illness, fulfilling the primary objectives of a large, late phase trial,.
according to data launched on Tuesday. * BAT: Indonesian cigarette maker PT Bentoel Internasional Investama Tbk.
is set to raise nearly 14 trillion rupiah ($ 1.1 billion) after prices.
its planned rights problem at 480 rupiah per share. Bentoel was 85.6 percent-owned.
by British American Tobacco PLC as of December 2015, according to.
Thomson Reuters data.

* TESCO: Britain’s greatest seller Tesco Plc is most likely to reveal.
this week a sale of its Turkish device Kipa and British restaurant chain.
Giraffe, Sky News reported on Tuesday. * SABMILLER: Moody’s modifications its evaluation of SABMiller’s A3 rating to.
review for downgrade, from direction uncertain. * SAINSBURY’S: Sainsbury’s, Britain’s 2nd most significant supermarket,.
on Wednesday reported a drop in quarterly underlying sales and warned that it.
did not expect market conditions to improve whenever soon. * LSE: Deutsche Boerse employees have sharply criticised the.
regards to a $30 billion merger concurred in between the German exchange operator and.
the London Stock market, advising that a prepared holding company be.
based in Frankfurt.

* BOOHOO.COM: Boohoo.com Plc, a British online fashion seller,.
pushed up its full-year sales forecast on Wednesday, after an increase in brand-new.
customers helped first-quarter profits beat its expectations. * CMC MARKETS: British financial spreadbetting company CMC Markets Plc.
reported a jump in full-year pretax profit as its customers traded more during.
increased market volatility. * UK ENERGY: Britain’s energy market regulatory authority Ofgem said on Wednesday that.
it was seeking advice from on National Grid Plc’s demand to recuperate the costs of.
two contracts for grid services that it agreed with SSE Plc and Drax.
Group Plc. * BREXIT: Public assistance for the European Union has actually fallen greatly in its.
greatest member states over the past year, a study showed on Tuesday, weeks.
before Britons vote on whether to leave the 28-nation bloc.

* BREXIT: Prime Minister David Cameron accused those campaigning for Britain.
to leave the European Union of lying, saying on Tuesday he needed to challenge.
their views after seeing TELEVISION news bulletins. * OIL: Oil costs rose for a 3rd day to their greatest in about 8.
months on Wednesday, helped by industry data showing a larger-than-expected.
drawdown in U.S. crude inventories, fret about attacks on Nigeria’s oil.
industry and strong Chinese demand. * COPPER: London copper was mired near its most affordable in a fortnight on.
Wednesday after significant stock builds in Asian warehouses underlined the tepid.
state of Chinese demand, with focus also counting on trade data later in the.
session. TODAY’S UK PAPERS > > Financial Times > > Other business headlines.

( Reporting by Noor Zainab Hussain and Esha Vaish in Bengaluru; Editing by Sunil.

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