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July 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.1%.
- ANTOFAGASTA: Chilean miner Antofagasta ANTO.L said it expects full-year copper output at the lower end of its 670,000 to 710,000 metric ton forecast range due to lower ore grades.
- RIO TINTO: Rio Tinto (RIO) RIO.L said on Wednesday it has appointed Katie Jackson, a former Shell executive with responsibility for acquisitions, as its new copper head.
- BABCOCK: British engineering company Babcock BAB.L posted a 34% jump in its annual profit, helped by strong operating performance in nuclear, land and aviation sectors.
- RECKITT: Reckitt RKT.L said short-term sales of its Mead Johnson baby formula powder are likely to be affected after a tornado struck a third-party warehouse in Indiana that sustained significant damages.
- UK INFLATION: British inflation held at 2.0% last month, defying forecasts for a slight fall, and underlying price pressures persisted, maintaining uncertainty about the date of the Bank of England's first interest rate cut since 2020.
- STERLING: The pound rose slightly after data showed British headline and services inflation in June were slightly above expectations.
- HSBC: HSBC Holdings HSBA.L appointed Georges Elhedery as its group chief executive, with effect from Sept. 2, making him the third CEO in less than eight years for the global lender.
- OIL: Oil prices eased, with global benchmark Brent hovering near a one-month low hit in the prior session on signs of weakening demand in China.
- METALS: London copper was stuck in a tight range on Wednesday as supply concerns countered weak demand from top consumer China and pressure from a firmer dollar.
- For more on the factors affecting European stocks, please click on:
TODAY'S UK PAPERS > Financial Times > Other business headlines
(Adds new items, updates futures) July 17 (Reuters) - Britain's...
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