In the UK the FTSE 100 Index is heading back in the right direction, following earlier losses incurred during the week.
The London benchmark is about 7 points to the good at 4917.80 points this morning, led by Prudential adding 18.50p or 3.8% to 496p. The life insurer has appointed HBOS finance director Mark Tucker, as new chief executive, replacing the ousted Jonathan Bloomer. Retail firm Next is also trading 43p higher to 1642p. Corus Group has lost 1.25p to 55.75p, while mining firms Rio Tinto and BHP Billiton have slid 27p to £17.25 and 8.50p to 717.50p respectively, after lower metal prices raised concerns that earnings growth in the industry may slow. Japan's Nikkei 225 Stock Average remained r...
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