Retail giants add to FTSE woe

Shortly after opening, London's blue-chip index had already slipped more than 30 points, or 0.7%, to sink to 4,150. This time yesterday, the FTSE was scaling 4,400. Home Retail lost more than 9% to 187.30 after like-for-like sales at its Argos and Homebase brands fell 7.5% and 10.2% respectively in the 18 weeks to January. Adding to the negativity, FTSE 250 constituent DSG International, which owns Currys and PC World, reported like-for-like sales dropped 10% in the three months to 10 January. The mining sector is also struggling, with Vedanta Resources 3.85% behind and Kazakhmys 3.4...