FTSE 100 slides for third day running

Shares across Europe are trading lower after Japan led Asian indices lower overnight, with the FTSE 100 on course for its third consecutive day of losses.

The FTSE 100 was down 0.4% at 5,786 by late morning, with the EuroStoxx 50 also opening 0.2% lower before trading flat on the day at 2,461 as of 9:30am. Earlier Japan's Nikkei closed at a two-month low of 8,596 having shed 2% overnight amid ongoing concerns over the impact of its territorial dispute with China. US shares also closed lower, the S&P 500 falling 1% to 1,441 and the Dow dropping 0.8% to 13,473. Aluminium producer Alcoa kicked off the Q3 earnings season by beating analysts' forecasts, but expectations remain that corporate results for the quarter will disappoint. In ...