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UK Stocks-Factors to watch on March 3

Published 03/03/2020, 06:11
Updated 03/03/2020, 06:19
© Reuters.  UK Stocks-Factors to watch on March 3
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March 3 - Britain's FTSE 100 .FTSE index is seen opening 67 points higher

at 6,722 on Tuesday, according to financial bookmakers.

* SHELL: Britain's advertising watchdog has opened an investigation into

claims by Shell RDSa.L that customers at its petrol stations can "drive carbon

neutral", after receiving complaints from members of the public, the regulator

said on Monday. * BRITISH AIRWAYS: British Airways on Monday said it was cancelling some

flights from London to the United States to match reduced demand for flying due

to the impact of a new coronavirus on consumer sentiment. * TUI: European holiday company TUI TUIGn.DE said on Monday it plans to

cut administrative budget, freeze hiring and postpone non-critical projects,

following weaker bookings last week due to the coronavirus outbreak.

* CARNIVAL CORP: Two units of cruise operator Carnival Corp CCL.L

disclosed on Monday that they were the targets of a cyber attack, which they

identified in May last year.

* RYANAIR: Ryanair RYA.I will cut capacity in and out of Italy, its

largest market, by 25% for three weeks due to a significant drop off in bookings

since a coronavirus outbreak, Europe's biggest low-cost airline said on Monday.

* OIL: Oil prices rose for a second day on expectations that central banks

are likely to enact financial stimulus to offset the impacts of the coronavirus

outbreak and growing optimism that OPEC will order deeper output cuts this week.

* London-listed shares bounced back in choppy Monday trade from their worst

week since the global financial crisis, as investors bet on further monetary

stimulus from central banks to limit the economic impact of the coronavirus

epidemic. UK CORPORATE DIARY:

Cairn Homes CRN.L FY Results

Keller Group KLR.L FY Results

Ashtead Group AHT.L Q3 2020 Trading Statement

Fresnillo Plc FRES.L FY Results

Travis Perkins TPK.L FY Results

Robert Walters RWA.L FY Results

John Laing JLG.L FY Results

Direct Line Insurance DLGD.L FY Results

* For more on the factors affecting European stocks, please click on:

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TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

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