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2020-02-25 20:44:39| Guardian Unlimited Business - more business news

Travel companies hit hard as mounting fears over spread of disease lead to global sell-offMounting fears over the spread of the coronavirus led to another global market sell-off on Tuesday, with investor panic wiping nearly 100bn off the value of Britains biggest companies in the past two days.The FTSE 100 index closed at its lowest level in a year, down 1.9% at 7,018, lowering the value of Britains blue-chip companies by about 35bn. It followed a major sell-off on Monday, when 62bn was wiped off the value of the index. Continue reading...

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