UK Stocks-Factors to watch on Jan 17
Jan 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 21 points at 7,735.3 on Wednesday, according to financial bookmakers.
* RIO TINTO: Rio Tinto Plc RIO.L on Tuesday said a U.S. regulator's lawsuit accusing the big Anglo-Australian mining company of fraud for overstating the value of Mozambique coal assets it had bought in 2011 should be dismissed.
INFORMA-UBM: Britain's Informa INF.L is in talks about a deal to buy events organiser UBM UBM.L for more than 3 billion pounds ($4.14 billion), rekindling plans from almost a decade ago to create a major business media and conventions group.
GKN-MELROSE: Any potential buyer of British engineering company GKN GKN.L should be aware of its billion pound-plus pension deficit, its pension trustees said on Tuesday, a day after Melrose MRON.L appealed directly to GKN investors to back its 7 billion pound takeover offer.
CARILLION: Carillion CLLN.L collapsed only days after Royal Bank of Scotland RBS) RBS.L , one of the British group's main lenders, tightened the terms of its funding, court documents show.
GOLD: Gold prices XAU= edged up on Wednesday, as the U.S. dollar slumped to three-year lows against a basket of currencies .DXY . OIL: Oil prices gave away earlier gains on Wednesday as analysts warned of a downward correction after prices have gained more than 13 percent over the past month. The UK blue chip FTSE 100 .FTSE index closed down 0.28 percent at 7,747.18 points on Tuesday, as oil and mining companies dragged the index, tracking energy and metals prices lower, after gaining earlier in the session on a fall in sterling.
* UK CORPORATE DIARY:
Trading Statement Release Burberry Group
Q3 2018 Trading Statement Release Hochschild Mining
Q4 2017 Production Results Release
TODAY'S UK PAPERS
> Financial Times
> Other business headlines
PRESS/GB Multimedia versions of Reuters Top News are now available for:
* 3000 Xtra
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.
Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb
Drop an image here or