UK Stocks-Factors to watch on Feb 3 (updated)

Talos Energy

03/02/2025 07:39

(Adds new items, updates futures)
       Feb 3 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening lower on Monday, with futures  FFIc1  down 1.24%.

    * THAMES WATER: An English court begins a four-day hearing
on Monday to decide whether to approve a new debt lifeline worth
up to 3 billion pounds ($3.72 billion) allowing Thames Water to
stave off nationalisation. 
    * ANGLO AMERICAN: Miner Anglo American's  AAL.L  diamond
unit De Beers finalised negotiations with the Botswana
government for a new rough diamond sales agreement and extended
mining licences for its joint venture beyond 2029. 
    * TALOS: Talos Energy  TALO.N  is poised to name veteran
Shell  SHEL.L  executive Paul Goodfellow as its next CEO, two
people familiar with the matter said on Sunday.
    * WEINSTEIN: U.S. activist investor Boaz Weinstein may have
suffered a defeat in the first vote on his plans to shake up
Britain's investment trust industry, but bosses in sector will
not be sleeping easy.
    * UNILEVER: Unilever  ULVR.L  is evaluating options,
including a New York listing, for its ice cream business,
Bloomberg News reported on Friday, citing people familiar with
the matter.
    * OIL: Oil prices jumped after U.S. President Donald Trump
imposed tariffs on Canada, Mexico and China, raising fears of
crude supply disruption from the two biggest suppliers to the
U.S., but the prospect of lower fuel demand capped gains.
    * METALS: Most base metals in London dipped on Monday, with
copper hitting its lowest in four weeks, as U.S. President
Donald Trump's 10% tariff on imports from top metals consumer
China fuelled trade war concerns.
    * GOLD: Gold prices fell nearly 1% on Monday after rising to
an all-time high in the previous session, as the U.S. dollar
strengthened on mounting fears of a global trade war.


    * For more on the factors affecting European stocks, please
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 (Reporting by Raechel Thankam Job)
 ((RaechelThankam.Job@thomsonreuters.com))