UK Stocks-Factors to watch on August 19 (updated)
19/08/2025 08:02
Adds company news, Updates Futures Aug 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futures FFIc1 up 0.2%. * ASSURA: Assura AGRP.L said on Tuesday Ed Smith has stepped down as chairman of the board after seven years in the role and would be replaced by senior non-executive director Jonathan Davies. * UK MOTOR FINANCE: A ruling from the United Kingdom's top court that will likely save car finance companies billions in compensation payouts could clear the way for a wave of consolidation in the sector. * IWG: IWG IWG.L announced a new share buyback target of at least $130 million for the year on Tuesday and reaffirmed its annual forecast, after reporting a 6% rise in first-half adjusted core profit on strong revenues. * RIO TINTO: A U.S. appeals court on Monday temporarily blocked federal officials from completing a land transfer needed for Rio Tinto RIO.L and BHP BHP.AX to develop Arizona's Resolution Copper project. * SHELL: Brazil's majority state-owned oil company Petrobras PETR3.SA has no planned investments in ethanol production or distribution of the fuel with Raizen RAIZ4.SA, which is a joint venture between Cosan CSAN3.SA and Shell SHEL.L, the company said in a statement late on Monday. * SHEIN IPO: Shein Group has considered relocating its headquarters back to China in an effort to gain Beijing authorities' approval for its planned Hong Kong IPO, Bloomberg News reported on Tuesday, citing sources. Shein has spent years attempting to list, first in New York and then in London. * COMMODITIES: Oil prices slipped on Tuesday, gold held steady and copper prices traded in a tight range, with traders staying cautious as mixed market signals cast a shadow on directions. * 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 Tuhina and Ankita Bora in Bengaluru) ((Ankita.Bora@thomsonreuters.com))