News: COH UPDATE 1-UK Stocks-Factors to watch on Dec 20

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    Dec 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures .FFIc1 down 0.60%.

    • SAVANNAH ENERGY: Africa-focused oil and gas producer Savannah Energy SAVES.L raised its 2022 revenue forecast for its Nigerian and Nigerien assets on Tuesday, helped by higher production.
    • RYANAIR: Ryanair RYA.I on

      Tuesday

      said it had agreed a four-year pay deal with its Irish pilot union that includes an immediate restoration of COVID-19 pay cuts.

    • PETROFAC: Oilfield services provider Petrofac Ltd PFC.L said it could post an operating loss of about $100 million for the year due to challenges in recovering costs in its engineering and construction (E&C) division.
    • TSB Bank: British lender TSB has been fined 48.65 million pounds ($59.1 million) over a botched IT platform migration in 2018, UK regulators said on Tuesday.
    • CMA: UK's competition regulator will refer Australian hearing device maker Cochlear's (COH) acquisition of Copenhagen-based Demant's DEMANT.CO hearing implants business Oticon Medical for an

      in-depth investigation .

    • ADVFN Plc: Global stocks and crypto information website ADVFN Plc AFN.L said it

      extended the closing date

      of an open offer and postponed its annual general meeting (AGM) amid ongoing strikes in the UK, including by postal firms.

    • ALCOHOL TAXES: Britain's government said on Monday it would freeze taxes on alcohol until August, reversing a decision taken only two months ago by finance minister Jeremy Hunt and partially reinstating a tax cut put forward by his predecessor.
    • CAPRICORN ENERGY: Capricorn Energy's CNE.L third-biggest shareholder, Palliser, called for a general meeting to set a vote on removing seven Capricorn directors from supervisory roles including the CEO, a plan Capricorn rejects.
    • UK's FTSE 100 closed higher on Monday, lifted by energy and miner stocks on steps taken by China to support its economy following a surge in COVID-19 infections in the Asian country
    • For more on the factors affecting European stocks, please click on:

      TODAY'S UK PAPERS > Financial Times > Other business headlines

 
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