UK Stocks-Factors to watch on July 17
Adds new items, updates futures
July 17 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.1%.
* ANTOFAGASTA: Chilean miner Antofagasta ANTO.L said it expects full-year copper output at the lower end of its 670,000 to 710,000 metric ton forecast range due to lower ore grades.
* RIO TINTO: Rio Tinto RIO.AX, RIO.L said on Wednesday it has appointed Katie Jackson, a former Shell executive with responsibility for acquisitions, as its new copper head.
* BABCOCK: British engineering company Babcock BAB.L posted a 34% jump in its annual profit, helped by strong operating performance in nuclear, land and aviation sectors.
* RECKITT: Reckitt RKT.L said short-term sales of its Mead Johnson baby formula powder are likely to be affected after a tornado struck a third-party warehouse in Indiana that sustained significant damages.
* UK INFLATION: British inflation held at 2.0% last month, defying forecasts for a slight fall, and underlying price pressures persisted, maintaining uncertainty about the date of the Bank of England's first interest rate cut since 2020.
* STERLING: The pound rose slightly after data showed British headline and services inflation in June were slightly above expectations.
* HSBC: HSBC Holdings HSBA.L appointed Georges Elhedery as its group chief executive, with effect from Sept. 2, making him the third CEO in less than eight years for the global lender.
* OIL: Oil prices eased, with global benchmark Brent hovering near a one-month low hit in the prior session on signs of weakening demand in China.
* METALS: London copper was stuck in a tight range on Wednesday as supply concerns countered weak demand from top consumer China and pressure from a firmer dollar.
* 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
Reporting by Prerna Bedi and DhanushVignesh Babu in Bengaluru
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