UPDATE 1-UK Stocks-Factors to watch on Sept 2

(Adds futures, news items) Britain’s FTSE 100 index is seen opening 36 points higher at 5,898 on Wednesday, according to financial bookmakers, with futures seen up 0.8% ahead of cash market open.

* DOMINO’S PIZZA: Domino’s Pizza Group appointed interim Chief Financial Officer Neil Smith to the role on a permanent basis to replace David Bauernfeind, who died in a snorkelling accident last year.

* BARRATT DEVELOPMENTS: Barratt Developments Plc, Britain’s biggest housebuilder, scrapped a special dividend payout for 2021 as it reported a near 30% fall in full-year housing completions and revenue, while forward sales were up from the year-ago period.

* ROLLS-ROYCE: The chief executive of Rolls-Royce said demand for his company’s luxury cars is rebounding, helped by sales in Asia, and he is optimistic about the outlook for next year after the coronavirus pandemic hit consumer confidence and closed dealerships.

* UNILEVER: Unilever Plc said it would invest 1 billion euros to eliminate fossil fuels from its cleaning products by 2030, cutting down on carbon emissions created by the chemicals used in making the products.

* COPPER: London copper eased from a 26-month high hit in the previous session, as the U.S. dollar firmed and comments by a Peruvian government official eased concerns over supply from world’s No. 2 producer.

* GOLD: Gold prices slipped as the dollar rebounded after robust U.S. manufacturing data bolstered hopes around global economic recovery, tempering the safe-haven bullion’s allure.

* OIL: Crude oil futures extended gains after a bigger-than-expected draw in U.S. crude stockpiles and as solid U.S. and Chinese factory activity fuelled optimism of a recovery from the coronavirus pandemic, boosting investor risk appetite.

* The UK blue-chip index fell to its lowest level in more than three months on Tuesday, after the index had notched its strongest August in six years, as financials weighed and the pound scaled eight-month highs against the dollar.

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


> Financial Times

> Other business headlines (Reporting by Aakash Jagadeesh Babu in Bengaluru; Editing by Shailesh Kuber)