UK Stocks-Factors to watch on Aug 28
Aug 28 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.1%.
* GSK: Delaware's highest court said it will hear an appeal by GSK GSK.L and other drugmakers seeking to end more than 70,000 lawsuits claiming discontinued heartburn drug Zantac caused cancer.
* PRUDENTIAL: Prudential PRU.L reported an 9% rise in first-half operating profit, backed by a strong rebound of new sales in Hong Kong after the removal of COVID restrictions and the opening of the border with mainland China.
* OIL: Oil rebounded after a sharp drop in the previous session ended a three-day streak of gains as investors have whipsawed between concerns about potential supply losses from Libya and the Middle East and worries about global fuel demand.
* GOLD: Gold prices slipped as the dollar ticked up, while investors awaited a key U.S. inflation report due this week for more clarity on the size of a likely September rate cut.
* FTSE: UK's benchmark FTSE 100 stock index ended higher on Tuesday, led by gains in travel and mining shares, while Bunzl hit a record high after the business supplies distributor forecast a strong annual profit.
* 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
Reporting by Prerna Bedi in Bengaluru
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