UPDATE 1-UK Stocks-Factors to watch on July 1
Talos Energy, Inc. TALO | 0.00 | |
Shell Plc Sponsored ADR SHEL | 0.00 |
Adds items, updates futures
July 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.3%.
* ABF: Primark owner Associated British Foods ABF.L still expects annual profit to be below the prior year's outcome.
* GREGGS: Britain's biggest fast food chain Greggs GRG.L said its CFO Richard Hutton will step down after 28 years with the company.
* TOPPS TILES: British retailer Topps Tiles TPT.L warned its annual profit could drop by 29% after quarterly like-for-like sales were hurt by customers trading down to cheaper products and heatwave-induced temporary work stoppages among builders.
* NEXFIBRE: Britain's competition watchdog agreed to fast-track its review of nexfibre's planned £2 billion ($2.65 billion) acquisition of Substantial Group, the parent of broadband operator Netomnia, to an in-depth investigation.
* HOUSE PRICES: British house prices were flat in June after a 0.6% drop in May, leaving them 2.2% higher than a year earlier, monthly figures from Nationwide showed.
* SHELL: Shell SHEL.L said it agreed to sell its interest in the Na Kika platform, associated fields in the Gulf of America, and the Coulomb tieback, to subsidiaries of Talos Energy TALO.N and Ridgewood Energy ZCFHCX.O for $1.7 billion.
* AUTOMOTIVE: British electric vehicle makers will have to pay £1.4 billion in tariffs if there is no solution on local content requirements with the European Union, the country's main car lobby group estimated.
* COMMODITIES: Oil prices rose, Gold prices fell, hovering near a seven-month low hit in the previous session, and Aluminium extended losses to hit a four-month low.
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
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($1 = 0.7555 pounds)
