Aug 28 (Reuters) - Britain's FTSE 100 index is seen opening higher on Friday, with futures up 0.4%. * COVID-19: Britain said it will back three nationwide COVID-19 studies with 8.4 million pounds ($11 million) to fund research into understanding human immune responses to the coronavirus. * BUSINESS CONFIDENCE: British business confidence has ticked up but remains far below usual levels as the economy struggles to cope with social distancing and employers are preparing to cut jobs, a survey showed. * SHELL: Royal Dutch Shell Plc on Thursday said there were only minimal operational impact at its 318,000-barrel-per-day Deer Park, Texas facility due to Hurricane Laura. * METALS: Copper rose after the U.S. Federal Reserve said it would promote higher inflation, a move that could weaken the dollar and make greenback-priced commodities more attractive. * OIL: Oil prices fell as a massive storm raced inland past the heart of the U.S. oil industry in Louisiana and Texas without causing any widespread damage to refineries. * London stocks ended Thursday on the back foot as earnings updates from firms like Rolls-Royce underlined the extent of corporate damage inflicted by the coronavirus pandemic, while Federal Reserve Chief Jerome Powell's speech brought few surprises. * UK CORPORATE DIARY: Essentra Plc HY results * For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines (Reporting by Shanima A in Bengaluru)
Our Standards: The Thomson Reuters Trust Principles.