Friday, April 27, 2007

FTSE Index Retreats, Paced by Vedanta and BHP Billiton; Royal Bank Slides

(Bloomberg) -- U.K. stocks dropped, paced by BHP Billiton Ltd. and Xstrata Plc after copper fell to a three-week low in Asia and gold fell.

Royal Bank of Scotland Plc declined after the bank said it will make an unsolicited offer for ABN Amro Holding NV, raising the prospect of a hostile bid in the world's biggest bank takeover.


Read more at Bloomberg Stocks News

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