UK Stocks-Factors to watch on Dec 6
Dec 6 (Reuters) - Britain's FTSE 100 index is expected to open higher on Wednesday, with futures up 0.33%. * SHELL: Shell's ownership in Trinidad and Tobago's Atlantic LNG facility will shrink, while BP 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, 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 is seeking to divest its beer portfolio on margin concerns, except flagship brand Guinness, Axios reported on Tuesday. * ENTAIN: Ladbrokes-owner Entain 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: BAT PRECLOSE STATEMENT WEIR CAPITAL MARKETS EVENT VIRGIN WINES AGM TUI AG ANNUAL REPORT PARAGON GROUP FY RESULTS * For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines ($1 = 0.7933 pounds) (Reporting by Zainab Saifuddin Saifee in Bengaluru)
