UK Stocks-Factors to watch on Jan. 17
Jan 17 (Reuters) - Britain's FTSE 100 index is expected to open lower on Wednesday, with futures down 0.68%. * BP: BP is close to naming acting chief executive Murray Auchincloss as its permanent CEO, Sky News reported. * GSK: GSK will sell a 3.2% stake, or about 300 million shares, in its spun-off consumer healthcare business Haleon, the British drugmaker said. * IAG: British Airways owner IAG expects EU antitrust regulators to open a full-scale investigation into its plan to buy Spain's Air Europa and will offer remedies to address their concerns, IAG's chief executive said. * DRAX: British power plant operator Drax said on Tuesday the government had approved its planning application to convert two biomass units at its Drax plant to use carbon removal technology known as bioenergy with carbon capture and storage (BECCS). * SUPPLY CHAIN: Britain will establish a body to identify risks to critical imports, the government said. * METAL: London copper fell on Wednesday. * GOLD: Gold prices extended losses on Wednesday as the U.S. dollar strengthened. * OIL: Oil fell on Wednesday as economic growth in China, slightly missed expectations. * FTSE 100: London's blue-chip FTSE 100 index closed lower on Tuesday, hitting a one-month low. * UK CORPORATE DIARY: SAFESTORE FY RESULTS ANTOFAGASTA Q4 2023 PRODUCTION REPORT LIONTRUST 9-MNTH TRADING UPDATE ASSET MANAGEMENT RATHBONES Q4 TRADING UPDATE IBSTOCK FY TRADING UPDATE MITCHELLS & Q1 TRADING UPDATE BUTLERS 888 HOLDINGS FY23 TRADING UPDATE PEARSON FY TRADING UPDATE * For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines (Reporting by Hani Kollathodi in Bengaluru)
