UK Stocks-Factors to watch on January 16 (updated)
16/01/2026 07:45
Adds new items, updates futures Jan 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.1%. * DOWLAIS GROUP: China's market regulator said it approved Detroit based American Axle & Manufacturing's AXL.N purchase of GKN Automotive owner Dowlais Group DWL.L. * HSBC: HSBC HSBA.L said it was undertaking a strategic review of its insurance business in Singapore, as it moves to simplify its operations globally. * RIO TINTO: Rio Tinto RIO.L said it would supply copper that it leaches from an Arizona mine to Amazon.com AMZN.O for use in the tech giant's artificial intelligence data centers. * CARS: British drivers turning to EVs are leading a change in colour preferences , as green-tinted cars sold in 2025 reached their highest volume in 20 years, industry body SMMT said on Friday. * OIL: Oil prices fell in Asian trade on Friday, extending losses from the previous session, as concerns about supply risks eased after the likelihood of a U.S. strike on Iran receded. * METALS: Copper prices fell, weighed by rising concerns over demand prospects in top consumer China following downbeat data and a lack of benchmark rate cuts. * GOLD: Gold extended its losses after stronger-than-expected U.S. economic data dampened expectations of the U.S. Federal Reserve cutting interest rates sooner and softening geopolitical frictions shrunk safe-haven demand for the metal. * 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))