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UPDATE 1-UK Stocks-Factors to watch on July 30
Published at 30/07/2021 at 07:43

(Adds news items)

July 30 (Reuters) - Britain's FTSE 100 index is seen opening lower on Friday, with futures down 0.70%.

* JUPITER FUND MANAGEMENT: Jupiter Fund Management posted a surge in half-year profit, with gross inflows and assets under management touching record levels on strong investor sentiment.

* NATWEST: NatWest restored dividends and announced a share buyback, rounding out a week of vastly improved earnings for British banks.

* MORRISONS: Fortress Investment said Britain's competition regulator has not opened an inquiry nor indicated in writing that it was looking to do so in relation to the group's 6.3 billion pound bid for supermarket group Morrisons

.

* IAG: IAG said summer capacity would rise to 45% from 22% in the previous quarter, in the latest sign that a travel recovery is underway.

* PEARSON: Pearson reported a better than expected rebound in first-half profit and a 17% jump in underlying sales driven by demand for online learning.

* BABCOCK INTERNATIONAL: Babcock International reported a bigger annual loss after taking charges and impairments of 2 billion pounds following a review of its contracts and balance sheet.

* RIGHTMOVE: Rightmove said it expected strong market activity to continue for the rest of the year after its half-year profit jumped above pre-pandemic levels.

* GLENCORE: Glencore raised its expectations for its trading division to the top end of guidance for the year.

* BHP: BHP Group Ltd said it would build two solar farms and a battery storage system in partnership with Canada's TransAlta Renewables Inc at its nickel project site in Western Australia.

* M&G: British money manager M&G has added to the voices criticising a proposed private equity takeover of British supermarket chain Morrisons , saying it does not reflect the true value of the company.

* SHELL: U.S. LNG developer Tellurian Inc said on Thursday it finalised agreements to sell LNG from its proposed Driftwood export plant in Louisiana to a unit of oil major Royal Dutch Shell .

* GOLD: Gold was set for its best week in more than two months

* OIL: Oil prices fell but were on track to post solid gains for the week with demand growing faster than supply.

* London's FTSE 100 ended higher on Thursday, as encouraging earnings and huge dividend payouts from some of the UK's biggest corporates helped support optimism around faster economic growth.

* For more on the factors affecting European stocks, please click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting by Shanima A in Bengaluru)

((shanima.a@thomsonreuters.com; (Within UK +44 20 7542 1810; Outside UK+91 80 6182 2587; Direct: +91 77 6034 7399 );))