UK Stocks-Factors to watch on Dec 6
06/12/2023 05:20
Dec 6 (Reuters) - Britain's FTSE 100 index .FTSE is
expected to open higher on Wednesday, with futures FFIc1 up
0.33%.
* SHELL: Shell's SHEL.L ownership in Trinidad and
Tobago's Atlantic LNG facility will shrink, while BP BP.L and
Trinidad's state-owned National Gas Co will increase their
stakes in a restructuring agreement to be signed this week,
according to three people familiar with the matter.
* BARCLAYS: Citigroup and Bank of America were left
holding some shares in Barclays after they could not identify
enough demand for a 510 million pound ($642.86 million) stake
sold by Qatar Holding, people familiar with the matter told
Reuters.
* RIO TINTO: Rio Tinto RIO.AX , RIO.L brought forward
the start of production from its giant Simandou iron ore project
in Guinea to 2025 with plans to spend about $6.2 billion
including on port and rail infrastructure.
* DIAGEO: Diageo DGE.L is seeking to divest its beer
portfolio on margin concerns, except flagship brand Guinness,
Axios reported on Tuesday.
* ENTAIN: Ladbrokes-owner Entain ENT.L said on Tuesday
it had received a final approval from a UK judge for the
settlement of charges stemming from alleged bribery offences at
the global sports betting group's former Turkish unit.
* METAL: Most base metal prices rose.
* GOLD: Gold prices edged higher as the dollar eased.
* OIL: Oil prices were mixed in Asian trade, after posting
four sessions' worth of losses.
* FTSE 100: Britain's FTSE 100 fell for a second session
on Tuesday.
* UK CORPORATE DIARY:
BATS.L BAT PRECLOSE STATEMENT
WEIR.L WEIR CAPITAL MARKETS EVENT
VINO.L VIRGIN WINES AGM
TUIT.L TUI AG ANNUAL REPORT
PAGPA.L PARAGON GROUP FY RESULTS
* 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
($1 = 0.7933 pounds)
(Reporting by Zainab Saifuddin Saifee in Bengaluru)
((Zainab.SaifuddinSaifee@thomsonreuters.com; +91 8766460080;))