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UK Stocks-Factors to watch on June 9

ReutersJun 9, 2025 6:36 AM

- Britain's FTSE 100 .FTSE index is seen opening flat on Monday, with futures FFIc1 down 0.01%.

WPP: Britain's WPP WPP.L said its chief executive Mark Read would retire from the company at the end of the year after seven years leading the ad group.

ALPHAWAVE: U.S. chipmaker Qualcomm QCOM.O agreed to acquire British semiconductor company Alphawave AWE.L for about $2.4 billion.

REVOLUTION BEAUTY: Revolution Beauty REVB.L said that billionaire Mike Ashley's Frasers Group FRAS.L is among several parties conducting due diligence for a potential takeover of the British cosmetics company.

THAMES WATER: U.S. investment firms Silver Point Capital and Elliott Management are formulating a 10-billion-pound-plus ($13.53 billion) rescue package for Britain's Thames Water, Bloomberg News reported on Friday, citing people familiar with the matter.

SHELL: Shell PLC SHEL.L on Friday said a fire occurred on June 4 at its ethylene cracker plant in Potter Township, Pennsylvania, and the furnace unit involved remained offline pending an investigation.

RIO TINTO: Global miner Rio Tinto RIO.L is in talks with Australian federal and state governments about a multibillion-dollar bailout for its struggling Tomago aluminium smelter in New South Wales state, the Australian Financial Review reported.

OIL: Oil prices dipped a few cents on Monday but held onto most of last week's gains as investors watched for U.S.-China trade talks in London later in the day.

GOLD: Gold prices steadied on Monday as investors refrained from making significant bets, with optimism building ahead of U.S.-China trade talks later in the day.

METALS: London copper prices were largely unchanged.

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

TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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