UPDATE 1-UK Stocks-Factors to watch on April 3

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds news items, updates futures) April 3 (Reuters) - Britain's FTSE 100 index is seen opening higher on Monday, with futures up 0.2%.
* CINEWORLD: Cineworld Group said it has terminated the sale process for its U.S., UK and Ireland businesses after failing to find an all-cash buyer, and has reached a conditional deal with lenders to exit bankruptcy.
* NATWEST: The UK government said it had extended the time during which it intends to sell part of its stake in lender Natwest to Aug. 11, 2025.
* CAPITA: British outsourcing company Capita said there was no evidence of data being compromised after a cyber incident last week impacted its internal Microsoft Office 365 applications.
* M&G: M&G Investments will vote against a takeover of British events group Hyve PLC , along with two other shareholders who think the bid significantly undervalues the international exhibition company, the Financial Times reported.
* WANDISCO: WANdisco , the British software company investigating possible fraud, said its co-founder and chief executive David Richards and CFO Erik Miller had stepped down with immediate effect.
* HSBC: An activist Hong Kong investor's demand for HSBC Holdings , to spin-off its Asia business and increase dividend payouts will be in focus as the bank holds a shareholder meeting in its biggest market.
* BRITISHVOLT: Recharge Industries Pty Ltd's attempt to buy the Britishvolt site is at risk of collapsing due to a dispute with administrator EY over a power supply contract signed by the failed battery startup, the Financial Times reported.
* APPLE: Apple Inc won its appeal against the decision by Britain's antitrust regulator to launch an investigation into its mobile browser and cloud gaming services, the CAT ruled.
* OIL: OPEC+ surprise output cuts lift oil prices by $5/bbl.
* GOLD: Gold drops after OPEC+ oil cut raises Fed hike odds.
* METALS: Copper slips on firm dollar, slower China factory activity growth.




* For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines (Reporting by Prerna Bedi in Bengaluru)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.