UK Stocks-Factors to watch on Nov 3
Nov 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.1%.
* RUBIX: Industrial products provider Rubix Group IPO-RUBI.L on Tuesday scrapped plans for its initial public offering in London, citing "difficult ongoing conditions".
* ENERGY SUPPLIERS: Four more small British energy suppliers have ceased trading, regulator Ofgem said on Tuesday, taking the tally of companies to have gone bust since the beginning of September to 17.
* DARKTRACE: London-based private-equity firm Vitruvian Partners LLP is looking to sell about 11 million ordinary shares in British cybersecurity firm Darktrace DARK.L , a bookrunner said on Tuesday.
* CLIMATE: British finance minister Rishi Sunak will tell companies on Wednesday to set out plans by 2023 for a transition to a low-carbon economy, as part of steps to make Britain the world's first net-zero financial centre.
* COP26: Leaders at the COP26 global climate conference pledged on Tuesday to stop deforestation by the end of the decade and cut emissions of the potent greenhouse gas methane to help slow climate change.
* GREEN ENERGY: Britain and India introduced a plan on Tuesday to improve connections between the world's electricity power grids to accelerate the transition to greener energy.
* BREXIT: Britain is looking to hire new external legal advisers ahead of a possible overhaul of post-Brexit trading terms affecting Northern Ireland, the Financial Times reported on Tuesday, amid a dispute with the European Union.
* GOLD: Gold prices eased as traders cautiously awaited the outcome of the U.S. Federal Reserve policy meeting where the central bank is likely to announce tapering of its economic support and also address growing inflationary risks.
* OIL: Oil prices fell as industry data pointed to a big build in crude oil and distillate stocks in the United States, the world's largest oil consumer, and as pressure mounted on OPEC to increase supply.
* MARKETS: London's FTSE 100 index dropped on Tuesday, with mining stocks taking a hit from a slump in iron ore prices, while shares in online betting group Flutter Entertainment and Asia-focussed lender Standard Chartered fell after posting quarterly results.
* UK Corporate diary
Coca Cola CCH.L
Update Next Plc
Update Trainline TRNT.L
HY Results CLS
* For more on the factors affecting European stocks, please click on:
TODAY'S UK PAPERS
> Financial Times
> Other business headlines
Reporting by Muhammed Husain in Bengaluru
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