LONDON May 17 Britain's FTSE 100 index is seen opening
down 2 points on Friday, according to financial bookmakers. For more on the
factors affecting European stocks, please click on
* The UK blue chip index closed down 5.75 points, or 0.1 percent, at
6,687.80 points on Thursday - to post its first daily loss in 11 sessions - when
concerns about the global economy were heightened by weak data on the U.S.
labour and housing markets.
* John Williams, president of the Federal Reserve Bank of San Francisco,
said on Thursday the Fed could end bond purchases later this year, assuming the
labour market continues to strengthen, while Dallas Fed President Richard Fisher
said the Fed should withdraw its targeted support of the housing sector now.
* GLAXOSMITHKLINE : The drugmaker was rumoured to be lining up a cash
offer of up to 300 kroner for Danish peer Genmab, according to the Daily Mail
* UK CORPORATE DIARY:
INTERTEK GROUP issues a trading update
KAZAKHMYS holds its annual general meeting
PETROFAC holds its AGM
TODAY'S UK PAPERS
> Financial Times
> Other business headlines
Multimedia versions of Reuters Top News are now available for:
* 3000 Xtra : visit* BridgeStation: view story .134(Reporting by Tricia Wright)