UK STOCKS-Factors to watch on Nov 30

Nov 30 (Reuters) – Britain’s FTSE 100 index is seen opening
higher on Wednesday, with futures up 0.37%.
* RIO TINTO: Rio Tinto plans to invest a further $600 million in
renewable energy assets in the Pilbara region.
* ASTRAZENECA: AstraZeneca is selling its West Chester manufacturing
site in Ohio biomanufacturing company National Resilience.
* RYANAIR: Europe’s largest airline by passenger numbers, Ryanair,
is in talks with authorities in Egypt and Libya about operating flights to the
countries for the first time.
* FOOD PRICE: The cost of fresh food sold in British shops increased in
November at the fastest annual rate since records began in 2005, a survey
showed.
* BIRD FLU: Britons may struggle to get hold of a free-range turkey or goose
for Christmas this year after an industry head said about half of them have
either died or been culled due to outbreak of avian flu.
* BULB: Collapsed British energy supplier Bulb’s acquisition by Octopus
Energy faces further delays after rival suppliers E.ON, British Gas and Scottish
Power mounted a legal challenge.
* OIL: Oil prices posted gains of more than 1% in Asian trade on falling
U.S. crude inventories and a lower greenback.
* GOLD: Gold prices edged up aided by a dip in the U.S. dollar, with
investors largely focusing on Fed commentary on monetary policy path.
* METALS: Copper prices were stuck in a tight range as market participants
digested weaker-than-expected China economic data.
* FTSE: The FTSE 100 rose on Tuesday, led by commodity-linked stocks on the
possibility of less stringent COVID curbs in China.
* UK CORPORATE DIARY:
Pennon Group HY results
* For more on the factors affecting European stocks, please click on:
TODAY’S UK PAPERS
> Financial Times
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(Reporting by Prerna Bedi in Bengaluru)