UK Stocks-Factors to watch on May 20
Adds news items, updates futures
May 20 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.11%.
* ASTRAZENECA: AstraZeneca AZN.Lsaid it plans to build a $1.5 billion manufacturing facility in Singapore in an effort to enhance its antibody drug conjugates (ADCs) portfolio.
* BRITISH LAND: Landlord British Land Co Plc BLND.L said it has sold its 50% stake in Meadowhall Shopping Centre to its partner Norges Bank Investment Management for 360 million pounds ($457.34 million).
* KEYWORDS STUDIOS: European private equity group EQT EQTAB.ST is in advanced discussions to buy Dublin-based video game services company Keywords Studios KWS.L for 2.2 billion pounds, the companies said in a statement.
* AI: Britain’s artificial intelligence (AI) safety institute will open an office in the United States, hoping to foster greater international collaboration on the regulation of a fast-moving technology.
* RIGHTMOVE: Prices of homes being put up for sale in Britain have hit record highs despite still expensive mortgage costs, but the pace of gains has slowed, according to data from property website Rightmove RMV.L.
* OIL: Brent crude futuresextended gains, inching up amid political uncertainty in major producing countries after Iran's president died in a helicopter crash and the Saudi crown prince cancelled a Japan trip, citing health issues with the king.
* GOLD: Gold prices hit anall-time high, as a slowing U.S. inflation trend boosted expectations the Federal Reserve could deliver its first interest rate cut soon.
* METALS: Copper prices surged torecord high levels as China's property support measures and better-than-expected industrial data added to momentum buying that has been fuelling base metals prices for the past month.
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB
($1 = 0.7872 pounds)
Reporting by Echha Jain in Bengaluru
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