UK Stocks-Factors to watch on July 15
EWU•
EWU•| Company | RIC | Event |
|---|---|---|
| Thames Water | [RIC:RIC:KMBWTT.UL] | FY results |
| Barratt Redrow | BTRW.L | FY trading statement |
| Antofagasta | ANTO.L | Q2 production report |
| Ferrexpo | FXPO.L | Q2 production report |
| Galliford Try | GFRD.L | Trading statement |
| Gore Street Energy Storage Fund | GSF.L | FY results |
Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.3%.
DCC: DCC DCC.L is close to accepting a £5.7 billion ($7.64 billion) takeover proposal from a consortium of KKR KKR.N and Energy Capital Partners, Bloomberg News reported.
Workspace Group: Saba Capital has become the largest shareholder in Workspace WKP.L, strengthening the activist investor's campaign for strategic reforms at the office-space provider.
Shell: Shell SHEL.L has begun tendering for drilling services for its Dragon offshore gas project in eastern Venezuela. Additionally, ARC Resources ARX.TO said its shareholders have voted in favour of being acquired by Shell.
UK banks' inability to access Anthropic's powerful AI model Mythos underscores the urgent need for Britain to build its own AI capabilities and adopt a more strategic approach to the technology, a government advisor said.
Oil: Oil extended gains as U.S. President Donald Trump reimposed a naval blockade on all Iranian ports and Tehran launched strikes on U.S. infrastructure in the region.
Gold: Gold prices fell after climbing more than 2% in the previous session, as rising oil prices fuelled inflation concerns and uncertainty over the U.S. interest-rate outlook, weighing on non-yielding bullion.
Metals: Copper edged up, as lower-than-expected U.S. inflation supported demand outlook and helped raise sentiment a little even as the crisis in the Middle East continued to weigh.
The UK blue-chip index .FTSE closed up 0.3% on Tuesday led by banks as strong U.S. lender earnings and softer U.S. inflation data boosted rate-cut hopes.
Today's UK papers:
Financial Times PRESS/FT Other business headlines PRESS/GB
($1 = 0.7460 pounds)