UK Stocks-Factors to watch on May 15 May 15 (Reuters) – Britain’s FTSE 100 index is seenopening higher on Friday, with futures up 1%.* BT: BT Group Plc is in talks to sell amulti-billion pound stake in its wholly-owned network subsidiaryOpenreach to infrastructure investors to help fund an ambitiousexpansion in fibre broadband, the Financial Times reported onThursday.* MANUFACTURERS: British manufacturers think it will takelonger to recover from the economic impact of COVID-19 than justa couple of weeks ago, according to an industry survey.* CARNIVAL: Cruise operator Carnival Corpsaid on Thursday it is cutting 820 positions out of a workforceof roughly 3,000 employees in Florida, as the future of theindustry remains uncertain amid no-sail orders due to theCOVID-19 pandemic.* OIL: Oil prices rose, extending day-earlier gains, as datashowed demand for crude picking up in China after the easing ofcurbs to stem the coronavirus outbreak, boosting hopes that theglobal supply overhang may start to fade.* GOLD: Gold rose to hover below a three-week high hit inthe previous session, underpinned by talks of further U.S.stimulus and worsening U.S.-China relations.* UK stocks closed firmly in the red on Thursday asinvestors worried that a recovery from a coronavirus-ledeconomic slump would be slower than expected even as severalhard-hit countries started easing lockdowns.* UK CORPORATE DIARY: * For more on the factors affecting European stocks, pleaseclick on: (Reporting by Shanima A in Bengaluru) 2020-05-15 07:23:35
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