FTSE 100 Set to Rise After Asia Gains Ahead of Fed0634 GMT - The FTSE 100 looks set to open about 29 points higher at 7335, according to IG futures data, after mostly upbeat trading in Asia ahead of the U.S. Federal Reserve interest-rate decision later. "As we look ahead to today's European open, the main focus will be on this evening's Fed meeting," CMC Markets analyst Michael Hewson says in a note. ---British American Tobacco 1H Pretax Profit Fell Despite Revenue Boost From New CategoriesBritish American Tobacco PLC said Wednesday that first-half pretax profit fell on higher expenses, despite a robust increase of new categories revenue. ---Unite Group Posts Higher 1H Earnings, Raises Guidance for 2022-23 Academic YearUnite Group PLC on Wednesday reported higher earnings for the first half of 2022 and raised its outlook for the 2022-23 academic year. (denise.roland@wsj.com; @deniseroland)Contact: London NewsPlus; paul.larkins@wsj.com(END) Dow Jones NewswiresJuly 27, 2022 03:13 ET (07:13 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.

Source: Wall Street Journal July 27, 2022 07:22 UTC