Oil and Gas

UPDATE 1-UK Stocks-Factors to watch on June 30

(Adds news items)

June 30 (Reuters) - Britain’s FTSE 100 index is seen opening lower on Thursday, with futures down 1.64%.

* IAG: International Airlines Group said it had converted options for 14 A320neo family Airbus jets, announced in 2013, into firm orders for 11 A320neos and three A321neos.

* ASTRAZENECA: AstraZeneca said its cancer drug Imfinzi, when given along with neoadjuvant chemotherapy in a late-stage trial, showed promise in helping patients with an aggressive form of lung cancer before surgery.

* OCADO: Ocado has extended its partnership deal with French retailer Groupe Casino, the British online supermarket and technology group said.

* VIRGIN MONEY: BritVirgin Money said it would buy back shares with an initial repurchase of up to 75 million pounds ($91.10 million).

* BUNZL: Bunzl Plc said it expected higher annual revenue, supported by red-hot inflation and benefits of acquisitions in the past year.

* TESCO: U.S. food giant Kraft Heinz has stopped supplying some products to Britain’s biggest supermarket group Tesco, which resisted charging its customers higher prices for them at a time of surging inflation.

* BRITISHVOLT: Electric vehicle (EV) battery startup Britishvolt has signed a deal with South Korean battery materials firm Posco Chemical designed to secure the supply of cathode and anode materials, the two companies said.

* TEVVA: British commercial EV startup Tevva launched its first truck with a hydrogen fuel cell booster which should drive up to 310 miles (499 km) and provide fleet operators with greater zero-emission range.

* STRIKE ACTION: British postal workers and train station staff have voted in favour of strike action, their trade unions said.

* CAR PRODUCTION: Britain’s car production snapped a ten-month slump in May with a rise of 13.3% as the output of electric vehicles more than doubled and the sector recovered from pandemic lows, industry data showed.

* FTSE 100: Britain’s top share index inched lower on Wednesday, as gains in healthcare shares were seen providing little support against growing concerns about a global recession.

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


> Financial Times

> Other business headlines (Reporting by Aby Jose Koilparambil and Amna Karimi in Bengaluru)