FTSE rises on higher oil prices

BP has risen 1.1% to 680p and Royal Dutch Shell has gained 0.9% to 1,854p. Meanwhile, GlaxoSmithKline has declined 0.9% to 1,466p after Forbes magazine reported asthma drugs Serevent and Advair may kill as many as 4,000 a year. BAE Systems has fallen 0.4% to 432.5p after it said it would sell a 20% stake in Airbus to Aeronautic Defence & Space. In Japan, the Nikkei 225 Stock Average climbed to an almost six-year high, rising 74.04 points, or 0.4%, to 17,563.37 points. NEC gained 40 yen, or 4.7%, to 892. The stock was upgraded to "outperform" from "in-line" by Goldman Sachs, who said...