Rolling coverage of the latest economic and financial news, as Britain’s FTSE 100 slumps to its lowest level in a yearLatest: US crude hits one-year lowFTSE 100 is sliding againChevron sends Canary Wharf staff homeRoubini: Worst is yet to comeDiageo: Covid-19 will wipe millions off sales and profitsCoronavirus live: South Korean cases spike – live updates 1.50pm GMT The performance of a selection of US, European and Asian stock markets this week#CoronavirusOutbreak pic.twitter.com/P31LtxmbLB 1.47pm GMT European stock markets appear to be recovering their earlier losses!The Italian FTSE MIB is now up 1.5% today, clawing back some of this week’s losses, while the Stoxx 600 index is now flat. Continue reading…
Via: Oil falls to one-year low as coronavirus fears hit stock markets – business live
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PIERS MORGAN: A phone call I received from a fired-up Trump should be a warning to Democrats
President Trump called me for a chat on Saturday. It was our first conversation since he unfollowed me on Twitter in April after I wrote a Mail column telling him to ‘Shut the f*ck up Read more…