UK Stocks-Factors to watch on July 14 (updated)
UPDATE 1-UK Stocks-Factors to watch on July 14 Adds new items, updates futures
July 14 (Reuters) - Britain's FTSE 100 .FTSE fell 0.2% in early trading on Tuesday.
* ASTRAZENECA: AstraZeneca AZN.L will pay Dizal Pharmaceutical 688192.SS $600 million upfront for global rights to one of its drugs for a type of lung cancer, the Chinese drugmaker said in a filing to the Shanghai stock exchange Tuesday.
* BP: BP BP.L expects upstream production to fall in the second quarter, in line with previous guidance, due in part to the effects of the crisis in the Middle East.
* ROBERT WALTERS: Robert Walters RWA.L reported a 4% fall in second-quarter net fee, hurt by weak hiring activity amid geopolitical tensions and market uncertainties.
* SPIRE HEALTHCARE: Spire Healthcare SPI.L announced the appointment of insider Debbie White as chair, succeeding Ian Cheshire.
* ASHMORE: Ashmore ASHM.L beat net inflow expectations, as investors continued to allocate capital to higher-yielding emerging market assets despite geopolitical uncertainty linked to the Iran conflict.
* WATCHES OF SWITZERLAND: Watches of Switzerland WOSG.L said that strong demand from wealthy U.S. shoppers has carried into its new financial year, and there were encouraging signs of improvement in the British market.
* HEADLAM GROUP: Headlam Group HEAD.L launched a strategic review to strengthen its finances after reporting a sharp drop in first-half revenue and wider operating losses.
* OFWAT: Ofwat confirmed a £30.5 million ($40.76 million) redress package from South East Water, concluding three investigations into supply disruptions
* DEFENCE: Prime Minister Keir Starmer signed Britain up to an EU defence loan for Ukraine.
* OIL: Oil prices rose nearly 3% to their highest in four weeks, as the U.S. reimposed its naval blockade of Iran while the two countries stepped up attacks in the Strait of Hormuz.
* GOLD: Gold rose from a two-week low ahead of U.S. inflation data, while rising U.S.-Iran tensions boosted oil prices and fueled expectations of further Fed rate hikes.
* METALS: Copper fell slightly in London amid the latest escalation in the Middle East conflict, as demand fears offset concerns about a potential supply chain crunch.
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
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(Compiled by Anushka Chourasia and Megha Kumari in Bengaluru)
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