Oct 27 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 11 points lower at 5,781 on Tuesday, according to financial bookmakers.
* HSBC: HSBC Holdings PLC HSBA.L posted a 35% drop in quarterly profit, better than expected, as higher loan loss provisions on the economic fallout from the COVID-19 pandemic were cushioned by the reining in of expenses.
* Rolls-Royce: British aero-engine maker Rolls-Royce Holdings Plc RR.L plans to temporarily close factories, reduce working hours and cut benefits as part of new cost-cutting measures, the Financial Times reported on Monday.
* GOLD: Gold prices rose after a fresh wave of coronavirus infections raised concerns over a global economic recovery and bolstered the precious metal's safe-haven appeal.
* OIL: Oil prices eked out small gains after recent sharp losses, but sentiment remained subdued as a surge in global coronavirus cases hit prospects for crude demand while supply is rising.
* The UK blue-chip index .FTSE closed 1.2% lower on Monday weighed by travel and energy stocks, while a resurgence in novel coronavirus cases stoked fears of a faltering economic recovery and dragged down European markets.
* UK CORPORATE DIARY:
Luxfer Holdings Plc
Bloomsburry Publishing Plc
Renalytix AI Plc
HSBC Holdings Plc
St. James Place Plc
New Business Announcement
First Derivatives Plc
* 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 Priyanshi Mandhan)
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