UK Stocks-Factors to watch on May 28
28/05/2025 06:14
May 28 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Wednesday, with futures FFIc1 down 0.02%. * BRITISH AMERICAN TOBACCO: British American Tobacco BATS.L said on Tuesday it intends to sell a 2.3% stake in Indian consumer goods company ITC ITC.NS worth about $1.4 billion in a block trade deal. * RIO TINTO: the U.S. Supreme Court gave a boost on Tuesday to plans for one of the world's largest copper mines, as the justices declined to hear a Native American group's bid based on religious rights to block Rio Tinto RIO.L and BHP BHP.AX from gaining control of land in Arizona long used for Apache sacred rituals. * UNILEVER: Unilever ULVR.L has agreed to guarantee its ice cream workers' employment terms in Europe and Britain for at least three years after the business' spin-off, according to a memo, tripling the usual period in such deals. * OIL: Oil prices inched up as the U.S. barred Chevron CVX.N from exporting crude from Venezuela under a new asset authorisation, though expectations of more output from OPEC+ continued to limit gains. * METALS: Copper prices in London were stable, supported by improved risk appetite across financial markets following U.S. President Donald Trump's latest tariff respite, though a firm dollar kept gains in check. * FTSE 100: The UK blue-chip index .FTSE closed up 0.7% on Tuesday in broad-based gains as investors cheered U.S. President Donald Trump's delayed tariffs on European Union imports. * UK CORPORATE DIARY:
| Kingfisher | KGF.L | Q1 Trading Update |
| Pets at Home | PETSP.L | Full Year Earnings Release |
| C&C Group | GCC.L | Full Year Earnings Release |