February 12, 2016 / 7:32 AM / 2 years ago

UPDATE 2-UK Stocks-Factors to watch on Feb 12

(Updates futures, company news items)

Feb 12 (Reuters) - Britain's FTSE 100 index is seen opening up 111 points, or 2 percent, on Friday, according to financial bookmakers, with futures up 0.6 percent ahead of the cash market open. For more on the factors affecting European stocks, please click on

* The UK blue-chip index closed 2.4 percent weaker at 5,536.97 points on Thursday, with a sharp sell-off in major banking and mining stocks pushing the market down to its lowest level in more than three years.

* GSK: Britain's competition body said on Friday it had fined GlaxoSmithKline 37.6 million pounds ($54.42 million) for market abuse in striking deals to delay the launch of generic copies of its antidepressant Seroxat.

* ROLLS-ROYCE: Britain's Rolls-Royce halved its dividend to shore up its finances after a slowdown in demand for some of its engines caused full-year profit to fall 16 percent.

* BARCLAYS: Singapore's DBS Group Holdings and Oversea-Chinese Banking Corp as well as Swiss bank Julius Baer have submitted non-binding bids for Barclays' Asian private wealth business, people familiar with the matter said.

* BHP BILLITON: A judge in Brazil's state of Minas Gerais has frozen 470 million reais ($118 million) of assets owned by Vale SA and 1.8 million reais linked to BHP Billiton Ltd to ensure payment of damages related to a deadly dam rupture, Rio de Janeiro's O Globo newspaper said on Thursday.

* BAE SYSTEMS: Kuwait will sign a deal next week to buy Eurofighter jets, Kuwait's state news agency KUNA said on Thursday, citing the defence minister. Kuwait signed a memorandum of understanding in September to buy 28 Eurofighter jets, the consortium that makes the aircraft said, in a deal worth up to 8 billion euros ($9 billion). BAE Systems is one of the partners of the consortium.

* RIO TINTO: Rio Tinto will seek financing for its massive Simandou iron ore project in Guinea, despite writing down its value due to low commodity prices and funding uncertainties.

* MONITISE: Monitise Plc, a mobile banking technology company, said it took a non-cash impairment charge of 166.8 million pounds ($241.6 million) in the first half for its non-cloud intangible assets.

* EU REFERENDUM: British and EU negotiators agreed much of a reform package on Thursday to help keep Britain in the European Union, leaving Prime Minister David Cameron to settle tricky final issues, notably on migration, at a summit next week, diplomats said.

TODAY'S UK PAPERS

> Financial Times

> Other business headlines Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit topnews.session.rservices.com * BridgeStation: view story .134 For more information on Top News visit topnews.reuters.com (Reporting by Esha Vaish; Editing by Sunil Nair)

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