The Rio Tinto has confirmed that they are interested in the Riversdale Mining. This has increased the probability of the takeover. The FTSE 100-listed organization has assured that the takeover offer will be open till April 20. The Rio Tinto is considered as one of the Mining giants in the world.

The Blinkx is a famous Video search engine. They have claimed that their profits have increased by 90%. The revenue for this year will be more than $65 million. It is expected that the operating profit will be around the analyst consensus of $6.7 million.

The Brent crude is costing $123.95. This is the highest price recorded since August 2008. The WTI oil increased to $111.28.

The AIM-listed Intellego (IHP) introduced 40 million new ordinary shares. Each share was for 0.35p, raising around £140,000 before expenditure.

The department store John Lewis has confirmed an increment in the sales by 12% on weekly bases and 3.1% annually.

The FTSE 250 declined to 121.95 points from 11659.42 points.

At the Wall Street the Dow Jones Industrial Average reduced by 1 point and declined to 12425 points.

The European Central Bank increased the rate of interest by 0.25% to 1.25% and the Bank of England kept the rate of interest at 0.5%.