London starts steady after Friday's Wall St slide

The FTSE100 declined sharply in late trading last Friday on the poor US opening, but the early signs today seem more positive, with the index currently 0.02% ahead to 5907.70. Oil giants are leading the way so far on record prices, with BP 1.64% ahead and Royal Dutch Shell 1.57% up. On the flipside, British Airways is hurting on the price increases, down 3.32%. All major US indices suffered on Friday, as higher crude costs and a huge jobless rate increase smashed investor confidence. The Dow Jones IA fell nearly 400 points at close last week, down 3.13% to 12209.81; while the broader ...