UK Stocks-Factors to watch on January 16

Reuters01-16

UPDATE 1-UK Stocks-Factors to watch on January 16

Adds new items, updates futures

Jan 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.1%.

* DOWLAIS GROUP: China's market regulator said it approved Detroit based American Axle & Manufacturing's AXL.N purchase of GKN Automotive owner Dowlais Group DWL.L.

* HSBC: HSBC HSBA.L said it was undertaking a strategic review of its insurance business in Singapore, as it moves to simplify its operations globally.

* RIO TINTO: Rio Tinto RIO.L said it would supply copper that it leaches from an Arizona mine to Amazon.com AMZN.O for use in the tech giant's artificial intelligence data centers.

* CARS: British drivers turning to EVs are leading a change in colour preferences , as green-tinted cars sold in 2025 reached their highest volume in 20 years, industry body SMMT said on Friday.

* OIL: Oil prices fell in Asian trade on Friday, extending losses from the previous session, as concerns about supply risks eased after the likelihood of a U.S. strike on Iran receded.

* METALS: Copper prices fell, weighed by rising concerns over demand prospects in top consumer China following downbeat data and a lack of benchmark rate cuts.

* GOLD: Gold extended its losses after stronger-than-expected U.S. economic data dampened expectations of the U.S. Federal Reserve cutting interest rates sooner and softening geopolitical frictions shrunk safe-haven demand for the metal.

* 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

(Compiled by Neeshita Beura in Bengaluru)

((Neeshita.Beura@thomsonreuters.com))

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sold in 2025 reached their highest volume in 20 years, industry body SMMT said on Friday.\n* OIL: Oil prices fell in Asian trade on Friday, extending losses from the previous session, as concerns about supply risks eased after the likelihood of a U.S. strike on Iran receded.* METALS: Copper prices fell, weighed by rising concerns over demand prospects in top consumer China following downbeat data and a lack of benchmark rate cuts.\n* GOLD: Gold extended its \nlosses\n after stronger-than-expected U.S. economic data dampened expectations of the U.S. Federal Reserve cutting interest rates sooner and softening geopolitical frictions shrunk safe-haven demand for the metal.\n* 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(Compiled by Neeshita Beura in Bengaluru)((Neeshita.Beura@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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