* LIONTRUST: British asset manager Liontrust forecast its full-year profit to be ahead of market estimates, mainly driven by a strong jump in fee revenues, after it reported significant quarterly net outflows.
* ANTOFAGASTA: Chilean miner Antofagasta said its
copper output fell in March quarter from previous three months due to lower water availability and reduced ore grades.
* GLENCORE: Glencore said it was willing to improve its $22.5
billion
takeover offer for Teck Resources Ltd and would consider taking offer to Canadian miner's shareholders directly if Teck's board failed to engage.
* UNILEVER: Unilever's "I Can't Believe It's Not Butter!" spray is
governed by different U.S. Food and Drug Administration regulations than butter
and similar products, U.S. appeals court ruled Tuesday, defeating a long-running
false advertising class action.
* BHP: BHP and Antofagasta Minerals called on Tuesday for
greater government dialogue to prevent controversial copper mining royalty
project from affecting competitiveness.
* OIL: Oil drifted lower as market weighed potential interest rate hikes
from Federal Reserve that could slow growth and dampen oil consumption,
offsetting falling U.S. inventories and strong Chinese economic data.
* GOLD: Gold prices edged lower as U.S. dollar regained some ground, while
traders assessed chances of U.S. Federal Reserve raising interest rates just
once more in May before pausing.
* FTSE: Britain's commodity-heavy index rose on Tuesday, boosted by surge in
miners after upbeat China data.
* For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines (Reporting by Hani Kollathodi in Bengaluru)
