FTSE down on profit-taking ahead of U.S. jobs data
* FTSE down 0.7 percent ahead of U.S. non-farm payrolls
* Energy stocks retreat as crude falls below $70 barrel
* Miners stocks weakened by cheaper metal prices
* Broad retreat; drugmakers, life insurers lose ground
By David Brett
LONDON, July 2 (Reuters) - Britain's top share index was down 0.7 percent at midday on Thursday, as equities fell broadly, led lower by energy and mining stocks which fell on retreating commodity prices ahead of key U.S. payrolls data.
Energy companies, which gained in the previous session tracking higher oil prices, took most points off the index as crude dipped back below $70 per barrel CLc1.
BP (BP.L: Quote, Profile, Research), Royal Dutch Shell (RDSa.L: Quote, Profile, Research), BG Group (BG.L: Quote, Profile, Research) and Tullow Oil (TLW.L: Quote, Profile, Research) fell 0.9-1.7 percent. Continued...
UK joins G20 push for world levy on banks
Britain threw its weight behind proposals to impose a global levy on banks to fund future bailouts and called on the G20 to work toward a $100 billion deal to meet the cost of climate change. Full Article | Full Coverage
Galleon case
U.S. insider trading probe widens
Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal. Full Article
India
US
UK
