FTSE breaks three day gain

Tobacco firm Gallaher group leads the drop, down 9p to 685p. Shell Transport and Trading has opened lower by 5.25p to 430.25p after good gains yesterday. Royal Dutch/Shell Group announced the merger of its parent companies and boards, and intends to repair investor trust, said chief executive, Jeroen van der Veer. William Hill is up 6p to 493p, looking for a good end to the week. Sainsbury is up 5.25p to 264.25p. Stocks in Asia declined with the benchmark Nikkei 225 index losing 0.75% to 10,771.42 points at close earlier this morning. China raising interest rates for the first tim...