UK Stocks-Factors to watch on April 29

April 29 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Friday, with futures FFIc1 up 0.79%.

* GLENCORE: About 24% of investors voted against Glencore's GLEN.L climate progress report at the miner and trader's annual general meeting, after some cited slow progress in scaling back coal production.

* UNILEVER: As a shortage of sunflower oil ripples through the global food industry, Unilever ULVR.L said that it has altered some of its recipes so it can substitute rapeseed oil instead, a move that could help it save money as input costs soar.

* AIB-NATWEST: Ireland's competition regulator on Thursday cleared Allied Irish Banks' (AIB) AIBG.I acquisition of 4.2 billion euros ($4.4 billion) worth of commercial loans from NatWest Group's NWG.L departing Ulster Bank unit.

* INTERROS-TCS HOLDINGS: Russia's Interros Holding, which manages the assets of billionaire Vladimir Potanin, said that it had acquired 35% of shares in TCS Group Holding.

* METALS: London aluminium prices were set for their biggest monthly percentage drop in more than a decade, as COVID-19 lockdowns in China and prospects of aggressive U.S. rate hikes fuelled worries over a global economic slowdown.

* GOLD: Gold rose as worrying U.S. economic data rekindled some interest in the safe-haven metal, but was likely to log its biggest monthly drop since September on bets for aggressive interest rate hikes by the Federal Reserve.

* OIL: Oil prices were mixed as China's COVID-19 lockdowns weighed on the outlook for crude demand, although supply disruption fears as Western sanctions curb crude and products exports from Russia underpinned prices.

* FTSE 100: London's FTSE 100 closed higher on Thursday driven by strong earnings updates from companies including Whitbread and Standard Chartered, although Sainsbury hit the bottom of the index after warning of a drop in annual profit due to the cost-of-living crisis.




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Reporting by Amna Karimi in Bengaluru

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