FTSE down; euro zone debt concern lingers

Britain's leading shares fell on Tuesday, as BP led energy shares lower to outweigh gains in miners, while banks were mixed as policymakers attempted to sooth fears over Europe's debt crisis. By

EU seeks safety net deal

European finance ministers sought to calm nervous markets on Monday by nailing down details of a massive financial safety net for the euro zone as Germany unveiled new budget cuts it hopes

Oil recovers losses after dip below $70

Oil recovered early losses of almost 3 percent on Monday after a dip below the psychological $70 a barrel level brought out bargain hunters, despite signs of weakness in the U.S. recovery