UPDATE 2-UK Stocks-Factors to watch on Oct 16

  • Reuters
  • Stock Market News
UPDATE 2-UK Stocks-Factors to watch on Oct 16

(Adds company news items)

Oct 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 20 points higher on Monday, according to financial bookmakers, with futures FFIc1 up 0.03 percent ahead of the cash market open.

* INTERSERVE: British support services and construction company Interserve Plc IRV.L said on Monday it has engaged in discussions with its lenders.

* CONVATEC: British medical technology company ConvaTec Group Plc CTEC.L cut its full-year organic revenue growth forecast, after its third quarter was hurt by supply issues. QATAR INVESTMENT FUND: The board of Qatar Investment Fund Plc QIF.L plans to broaden the fund's investment strategy from focusing largely on Qatar to targeting the six-nation Gulf Cooperation Council, it said in a statement on Monday. GLENCORE: Glencore PLC GLEN.L had a standstill agreement that temporarily prevents the Swiss company from making a hostile bid for U.S. commodities trader Bunge Ltd BG.N , the Wall Street Journal reported on Friday. Bunge had rebuffed a takeover approach by Glencore in May.

* EASYJET: EasyJet EZJ.L is in talks to take on up to 25 A320 aircraft that were operated by Germany's insolvent Air Berlin AB1.DE at Berlin Tegel airport, the British budget airline said on Friday.

* GLAXOSMITHKLINE: Canadian health regulators have approved GlaxoSmithKline's GSK.L key shingles vaccine, the company said on Friday. UK INTEREST RATES: Bank of England Governor Mark Carney said on Friday the central bank expected to raise interest rates in the coming months but he declined to be drawn on whether it would be as soon as next month, or if a series of rises is planned. USA-BRITAIN: Former U.S. presidential candidate Hillary Clinton cautioned Britain on Sunday over its push to secure a trade deal with U.S. President Donald Trump after it leaves the European Union. AIRBUS: Airbus AIR.PA Chief Executive Tom Enders sees no reason to resign over ongoing UK and French corruption investigations, but would be ready to do so if needed, he told a German newspaper. UK COMPANIES: The Brexit worries of some of Britain's biggest businesses have eased slightly over the past three months and optimism is up from a low struck after June's unexpected election result, a survey by accountants Deloitte showed on Monday. GOLD: Gold slipped on Monday on a firmer dollar and stronger Asian equities, but stayed above the key psychological level of $1,300. OIL: Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq, while an explosion at a U.S. oil rig and reduced exploration activity supported prices there. The UK blue chip index closed 0.28 percent lower at 7,535.44 points on Friday, dragged down by gains in the pound and a profit warning from engineering group GKN GKN.L . For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets


> Financial Times


> Other business headlines

PRESS/GB Multimedia versions of Reuters Top News are now available for:

* 3000 Xtra

: visit http://topnews.session.rservices.com

* For Top News : http://topnews.reuters.com

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or