FTSE climbs to highest level in two and half years

The FTSE 100 Index rose to its highest level for two-and-a-half-years today amid market rumours of a bid from Royal Dutch Shell for rival BP.

FTSE climbs to highest level in two and half years
Tue, 14 Dec, 2010 - 17:48

The FTSE 100 Index rose to its highest level for two-and-a-half-years today amid market rumours of a bid from Royal Dutch Shell for rival BP.

Heavily-weighted BP rose 3% as traders cited vague speculation of Shell’s interest in its closest competitor.

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CourtsBusinessHeathrowPlace: USPlace: GermanyPlace: UKPlace: PakistanPlace: Gulf of MexicoPerson: Travis PerkinsOrganisation: FTSEOrganisation: Royal Dutch ShellOrganisation: BPOrganisation: ShellOrganisation: US Commerce DepartmentOrganisation: Wall StreetOrganisation: United Energy GroupOrganisation: Credit SuisseOrganisation: WhitbreadOrganisation: CostaOrganisation: BeefeaterOrganisation: Brewers FayreOrganisation: Premier InnOrganisation: WickesOrganisation: CarpetrightOrganisation: BetfairOrganisation: Serco GroupOrganisation: BAE SystemsOrganisation: AstraZenecaOrganisation: Royal Bank of Scotland
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