News: RIO UPDATE 1-UK Stocks-Factors to watch on Jan 21

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Jan 21 (Reuters) - Britain's FTSE 100 .FTSE index is seen to open 103 points lower at 7,482 on Friday with futures down 0.91%.

• M&C SAATCHI: British advertising group M&C Saatchi SAA.L said on Friday the Financial Conduct Authority has closed an investigation into the company and that no enforcement action would be taken.
• RESTAURANT GROUP: Restaurant Group RTN.L said on Friday it expects full-year profit at the top end of its expectations, helped by cost cuts, even as sales growth at its Wagamama chains slowed in December due to the Omicron variant-related restrictions.
• SHELL: Mexican state oil company Petroleos Mexicanos PEMX.UL on Thursday signed a long-term crude supply contract with Royal Dutch Shell Plc RDSa.L as part of its acquisition of the Deer Park refinery in Texas.
• SHELL: Royal Dutch Shell RDSa.L and British regulators have revived talks on developing the Jackdaw gas field in the North Sea as the government struggles with soaring gas and power prices, company and industry sources said.
• BHP: BHP Group BHPB.L investors in London and Sydney have approved plans to scrap the mining company's dual listing in favour of a main listing in Sydney.
• UNILEVER: Unilever ULVR.L strategy was under the investor microscope on Thursday after the consumer goods group effectively abandoned its 50 billion pound ($68 billion) pursuit of GlaxoSmithKline's consumer healthcare business.
• OIL: Oil prices plunged after rising to seven-year highs this week, as an increase in U.S. crude and fuel stockpiles prompted investors to take profits from the rally.
• London's FTSE 100 slipped on Thursday on weakness in oil stocks and GlaxoSmithKline while food delivery platform Deliveroo jumped on order growth hitting the top of its outlook range.

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