European shares reverse earlier gains and oil prices fall, amid fears of a second Covid-19 wave in some countriesAirline stocks easyJet and IAG tumble on prospect of 14-day quarantineIAG to review plans to restart flights in JulyHeathrow calls for government plan to restart flightsTfL to cut passenger numbers by 85% 2.48pm BST On Wall Street, the Dow Jones fell more than 200 points at the open, or 0.87%, while the S&P 500 lost more than 20 points, or 0.8% and the Nasdaq opened 60 points lower, or 0.65%. 2.46pm BST In other news, a home coronavirus antibody test developed by the UK biotech Mologic is expected to be mass produced from June. It will allow people to test themselves at home using a drop of blood, within just 10 minutes. The home testing kit will be manufactured by BioSure (which created the first self-test for HIV). Mologic is seeking fast-track approval from UK regulators, including the Medicines and Healthcare Products Regulatory Agency (MHRA). Approval by the MHRA would mean that the test can be procured for the NHS. Continue reading…
Via: European shares fall as optimism fades on coronavirus lockdown easing – business live

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