FTSE rises for third day

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Blue-chip shares gained for a third straight day in London, sending the FTSE 100 index up 17.70 poin...

Blue-chip shares gained for a third straight day in London, sending the FTSE 100 index up 17.70 points to 3,771.10 by the close. Canary Wharf managed to snap a losing streak, becoming the best performer with a 7.5p gain to 140p after reports that major investment bank Lehman Bros. is still set to go through with its move to new headquarters in the Docklands. BSkyB jumped 19.5p to 663p after the European Union cleared owner Rupert Murdoch's purchase of Italian television station Telepiu, which fills a big hole in the company's European expansion plans. ICI gained 2.75p t...

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