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UK Stocks-Factors to watch on April 29

ReutersApr 29, 2025 6:57 AM

- Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futures FFIc1 up 0.28%.

ASTRAZENECA: AstraZeneca AZN.L said it may face a fine of up to $8 million over suspected unpaid import taxes in China.

BP: BP BP.L missed forecasts with an underlying replacement cost profit of $1.38 billion for the first quarter, below the $1.53 billion expected by analysts in a company-provided poll.

BP: BP's strategy and sustainability chief Giulia Chierchia, the key architect of the group's ill-fated foray into renewables, will step down on June 1, the company said.

ENTAIN: British bookmaker Entain ENT.L named Stella David as its permanent CEO, a little over two months since the abrupt departure of Gavin Isaacs.

AB FOODS: Associated British Foods ABF.L kept its guidance for its Primark clothing unit, while the overall group reported a 10% fall in first-half profit.

ALPHAWAVE: Alphawave IP Group AWE.L said the UK takeover panel has extended the deadline for a takeover offer by U.S. chipmaker Qualcomm QCOM.O to May 12.

CANAL+: Canal+ CAN.L, the French pay-TV broadcaster, reported a 1.5% rise in organic group revenue in its first quarter.

BAKKAVOR: Bakkavor Group BAKK.L said it will sell its China operations for a cash consideration of about 50 million pounds($67.1 million).

BEAZLEY: British insurer Beazley BEZG.L reported a marginal increase in first-quarter insurance written premiums.

HSBC: HSBC HSBA.L launched a $3 billion share buyback after reporting a 25% fall in first-quarter profit.

OIL: Crude oil prices fell as investors lowered their demand growth expectations.

GOLD: Gold prices fell as easing trade tensions dented its safe-haven appeal.

For more on the factors affecting European stocks, please click on: LIVE/

TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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