UK Stocks-Factors to watch on March 3 (updated)
03/03/2025 07:53
Adds new items, updates futures March 3 - Britain's FTSE 100 .FTSE index is seen opening up on Monday, with futures FFIc1 up 0.48%. * SENIOR: British engineering firm Senior Plc SNR.L said that it was in advanced negotiations with a small number of interested parties for the sale of its aerostructures business , which the company also expects to turn profit-making this year. * SAINSBURY'S: British supermarket chain Sainsbury's SBRY.L said that NewDay Group had gained beneficial title, or the right to benefit from a property, to its Argos Financial Services cards portfolio. * WAYVE: British startup Wayve will establish a new testing and development hub in Germany, deploying a fleet of test vehicles in the Stuttgart region, the self-driving technology firm said. * DEFENCE: Britain said on Friday it would launch an innovation hub to work with defence firms and speed up the delivery of military technologies. *SHELL: Shell SHEL.L is considering a potential sale of its chemicals assets in Europe and the U.S,, WSJ reported on Sunday, citing sources. * LABOUR: Britain must strengthen its safeguards against forced labour in supply chains to avoid the country becoming a dumping ground for products banned in other markets, Business and Trade Committee said in a report. * RIO TINTO : Rio Tinto RIO.L, RIO.AX said its iron ore export facility in Dampier port resumed operations. * PRIVACY: UK privacy watchdog the Information Commissioner's Office launched an investigation into how TikTok, Reddit RDDT.N and Imgur safeguard children's privacy. * DEFENCE: Britain said on Friday it would launch an innovation hub to work with defence firms and speed up the delivery of military technologies. * COMMODITIES: Oil prices up on upbeat manufacturing data from China, gold prices rose on weaker U.S. dollar and safe-haven demand and copper gained on expectations of China's fiscal stimulus package. * 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 Simone Lobo in Bengaluru) ((Simone.Lobo@thomsonreuters.com; +919920570373;))