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News: RIO UK Stocks-Factors to watch on April 20

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    April 20 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 0.18%.

    • RIO TINTO: Rio Tinto (RIO) RIO.L reported lower-than-expected iron ore shipments in the first quarter and warned of risks from sustained high inflation, a resurgence of COVID-19 lockdowns in China and a prolonged Russia-Ukraine war.
    • DELIVEROO: Two former managers of Deliveroo ROO.L were given suspended one-year prison sentences and fined 30,000 euros ($32,380) by a French court for abusing the freelance status of cycle riders working for the British takeaway delivery platform.
    • SSE: British renewable power generator and network operator SSE SSE.L has agreed to buy a portfolio of onshore wind development projects from Siemens Gamesa SGREN.MC , the company said confirming a Reuters report.
    • NLMK-LSE: Russian steel producer NLMK NLMK.MM said that it would submit a request to continue trading of its depositary receipts on the London Stock Exchange.
    • METALS: London copper prices edged higher, buoyed by hopes of more stimulus from top metals consumer China, although a stronger dollar limited gains as it made greenback-denominated metals more expensive for buyers using other currencies.
    • GOLD: Gold prices hit a more than one-week low, as a firmer U.S. dollar and Treasury yields continued to weigh on bullion demand.
    • OIL: Oil prices rebounded from sharp losses in the previous session as concerns about tighter supplies from Russia and Libya dominated, while industry data showed a drop in U.S. crude inventories last week.
    • FTSE 100: UK shares closed lower on Tuesday, weighed by concerns about a slowdown in global economic growth and a series of negative brokerage actions, while electrical engineering firm Spectris climbed after announcing a unit sale and share buyback.

    • UK CORPORATE DIARY: Centamin CEY.L Q1 report CRH Plc CRH.L Trading update John Wood Group WG.L FY result Bunzl BNZL.L Q1 trading update Carr's Group CARRC.L HY result Oxford BioMedica OXB.L FY result Hunting HTG.L Trading statement Petra Diamonds PDL.L Q3 trading update
    • For more on the factors affecting European stocks, please click on:

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

 
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$116.94
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