UK Stocks-Factors to watch on October 8
UK Stocks-Factors to watch on October 8 Oct 8 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.08%.
* ANGLO AMERICAN: Anglo American's AAL.L proposed $54 billion merger with Teck Resources TECKb.TO and the sale of its Brazilian nickel business have become test cases for navigating geopolitical complexities as they await antitrust approval, CEO Duncan Wanblad said.
* ABERDEEN: Aberdeen ABDN.L said it would sell 52 million shares in Standard Life SDLF.L, halving its stake to about 5.2%.
* SAVANNAH RESOURCES: Savannah Resources SAVS.L is close to signing a key second offtake deal for future output from its flagship Barroso lithium project in northern Portugal, with an agreement expected this quarter, CEO Emanuel Proenca said on an analyst call.
* SHELL: Shell SHEL.L and Chevron CVX.N said they were curtailing offshore operations in the Gulf of Mexico as Tropical Storm Isaias approached.
* BBC: BBC and Channel 4 have held preliminary talks with the government on a broader tie-up of some operations, two sources with direct knowledge said.
* HOUSING: Higher interest rates concerns weighed on Britain's housing market last month, with downward pressure on house prices increasing for the first time in four months, the Royal Institution of Chartered Surveyors said.
* EMPLOYMENT: Britain's labour market showed more signs of recovering last month from its protracted slowdown, with permanent staff placements rising at the fastest pace in four years, survey showed.
* COMMODITIES: Oil, gold, and copper prices gained.
* EX-DIVS: Kingfisher KGF.L, Barratt Redrow BTRW.L, and WPP WPP.L will trade without entitlement to its latest dividend pay-out on Thursday.
* FTSE: FTSE 100 dropped on Wednesday.
* UK CORPORATE DIARY:
Tesco | TSCO.L | HY Results |
Unite Group | UTG.L | Trading update |
Foresight Group | FSGF.L | Trading Update |
Volution Group | FAN.L | FY Results |
Imperial Brands | IMB.L | Trading update |
* 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
(Compiled by Neeshita Beura in Bengaluru)
((Neeshita.Beura@thomsonreuters.com))
Recent news on Aberdeen
See all newsBrief: Aberdeen CEO Says Co Not Considering Selling Remaining 5% Stake In Standard Life
UK's Aberdeen posts Q3 net outflows as client withdrawals weigh, shares slip (updated)
Corrected: BUZZ-UK's Aberdeen falls after reporting Q3 outflows
Brief: Aberdeen Group Targets FY2026 Adjusted Operating Profit Of At Least £300 Million
Brief: Aberdeen Group Targets FY2026 Adjusted Operating Profit Of At Least £300 Mln