Nov 20 (Reuters) - Britain's FTSE 100 index is expected to open lower on Monday, with futures down 0.12%.
* LSEG: The London Stock Exchange Group named Michel-Alain Proch as its new finance chief, starting March 1, 2024.
* COMPASS GROUP: Catering group Compass Group expects 2024
underlying operating profit to grow about 13%,
aided by strong demand leading to high single-digit organic revenue growth and stronger margins, it said on Monday.
* ASHTEAD: British equipment rental firm Ashtead Group said its
annual profit would come in below
market expectations as lower emergency response activity dragged its U.S. business and the company expects to take a more than $2 billion depreciation charge for the year.
* MUSICMAGPIE: MusicMagpie said it was in
early-stage talks
with BT Group and Aurelius Group regarding a possible offer to buy the British online retailer of used smartphones and electronic products.
* BARCLAYS: Barclays has been exploring
a potential acquisition of Tesco's banking operations, two people familiar with the matter told Reuters.
* RIO TINTO: Rio Tinto,, one of the world's largest mining companies, agreed to pay a $28 million fine to settle U.S. Securities and Exchange Commission lawsuit that accused it of fraud in handling a failed investment in a Mozambique coal project.
* METAL: London copper prices rose to their highest in nearly eight weeks on a softer dollar and hopes of improving demand after Chinese officials promised support to the country's property sector.
* OIL: Oil futures edged higher, extending gains on expectations of OPEC+ deepening supply cuts to shore up prices, which have fallen for four weeks on easing concern of Middle East supply disruption amid the Israel-Hamas conflict.
* For more on the factors affecting European stocks, please click on:
TODAY'S UK PAPERS
> Financial Times
> Other business headlines (Reporting by Zainab Saifuddin Saifee in Bengaluru)
