UK STOCKS-Factors to watch on Nov 30

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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 > Other business headlines (Reporting by Prerna Bedi in Bengaluru)



 

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