Picture of Hollywood Bowl logo

BOWL — Hollywood Bowl News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsBalancedMid CapNeutral

UK Stocks-Factors to watch on October 7 (updated)

UPDATE 1-UK Stocks-Factors to watch on October 7

Adds news, updates futures

- Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.4%.


* SHELL: Shell's SHEL.L third-quarter integrated gas production was expected to be about 740,000 to 780,000 barrels of oil equivalent per day, the company said on Wednesday, compared with a previously expected a range of 570,000 to 630,000 boed.

* HEADLAM: British flooring distributor Headlam HEAD.L said it plans to sell certain parts of its business as it faces mounting pressure to repay creditors, after rising build costs and a prolonged downturn in construction strained finances.

* PENNON: British water utility Pennon PNN.L launched a fully underwritten £550 million ($728.48 million) rights issue and cut its dividend, to support additional investment aimed at fixing operational problems at its regulated water business.

* HSBC: HSBC HSBA.L is planning major job cuts in its UK wealth management business, including fewer financial advisers and specialist staff, as part of a wider push to use artificial intelligence, the FT reported.

* SHELL: Shell began evacuating non-essential workers from several offshore production assets in the US Gulf of Mexico ahead of an approaching storm, the company said.

* ANTOFAGASTA: Two unions at Chile's Centinela copper mine rejected further contract talks with Antofagasta Minerals ANTO.L and will strike after mediation efforts failed to produce a deal.

* OIL: Oil prices climbed on supply concerns from a storm threatening US oil regions and Houthi attacks on Saudi Arabia, despite higher Middle East crude supplies.

* GOLD: Gold prices slipped as investors awaited minutes from the US Federal Reserve's September meeting for clues on the interest rate outlook.

* METALS: Copper prices receded slightly, weighed by rising oil prices and gains in the US dollar.

* 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


(Reporting by Anushka Chourasia and Krisha Bhatt in Bengaluru)

((Anushka.Chourasia@thomsonreuters.com))

Recent news on Hollywood Bowl

See all news