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Tag: Worst

FTSE suffers worst one-day fall for more than two years

FTSE suffers worst one-day fall for more than two years

Business
A global share sell-off has seen the FTSE 100 slump on the same scale as the day after the Brexit referendum in 2016. The decline of 3.15%, or 218 points - wiping £56bn off the value of the FTSE's constituent companies - came after the arrest of a top Chinese executive on behalf of the US triggered renewed fears of a trade war.That helped unleash simmering worries about a broad cocktail of worldwide tensions, including a potential recession in the US, turning trading screens red from New York and London to Paris and Frankfurt.A slide in the oil price - with Brent crude falling by more than 3% to less than $ 60 a barrel - also weighed on sentiment.The market meltdown began after it emerged that Canadian authorities had detained Huawei's chief financial officer Meng Wanz...
8 dead in worst escalation in Gaza since 2014

8 dead in worst escalation in Gaza since 2014

World
Eight people have been killed in the worst escalation of violence Gaza has seen since the 2014 war. A fresh wave of fighting erupted in the Gaza Strip, leaving an Israeli soldier and seven Palestinians dead after two days of unrest.An Israeli aircraft fired towards a militant who was part of a group launching rockets at its territory, the Israeli military said.The Israeli military said an Israeli soldier was also killed and another wounded after a firefight erupted.It came as a man in southern Israel was killed after Gaza militants fired dozens of rockets at a residential building early on Tuesday.Hamas and other militant groups have since said they had accepted an Egyptian-brokered ceasefire to end two days of fighting with Israel that had pushed the sworn enemies to the b...
Venice experiencing its worst flooding since 2012

Venice experiencing its worst flooding since 2012

World
Tourists and residents in Venice's famous St. Mark's Square could be seen wading in nearly waist deep water as the city experienced its worst flooding since 2012. Bad weather and high winds were pushing more water in from the lagoon and city officials fear the water could reach the historic level of the 1966 flood, when the water was more than six feet above sea level. Sirens had sounded across the city early in the day when the water surpassed 43 inches. By late afternoon more than 70 percent of the city was flooded. The elevated levels shut down the city's water bus service known as vaporetti except to the outer island. Nearly all of Italy has been struck by bad weather in the past week. High winds have brought down dozens of trees across Rome, blocking roads. Schools were closed...
Nasdaq enters correction territory in worst day since 2011

Nasdaq enters correction territory in worst day since 2011

Science
Oct. 24 (UPI) -- The Nasdaq composite entered correction territory in another down day for the stock market Wednesday, which also left the Dow Jones Industrial Average and the S&P 500 in the red. The Nasdaq experienced its worst day since Aug. 18, 2011, falling 329 points, or 4.4 percent to 7,108, 10 percent from its Aug. 29 all-time high. The Dow Jones fell 606 points or 2.4 percent to 24,583, while the S&P 500 had its sixth consecutive losing session, dropping 84.59 points or 3.1 percent to 2,656. So far the S&P has fallen 8.9 percent, the Dow has dropped 7.1 percent and the Nasdaq is down 11.7 for the month of October. Wednesday's decline left the S&P and the Dow Jones down 0.7 percent and 0.6 percent for the year respectively. Common trends throughout the year such as regulatory conc...
Cancer waiting times 'at worst level ever' in England

Cancer waiting times 'at worst level ever' in England

Health
The key cancer target has been missed by a record margin in England, figures show.Patients who are given an urgent referral by their GP are meant to start treatment within 62 days.But in July, 78.2% were seen in that timeframe, the worst performance since records began in October 2009. It means more than 3,000 people waited longer than two months for treatment to begin.The target for the NHS is 85%, which was last hit in December 2015. The target is also being missed elsewhere in the UK.NHS England said there were rising numbers of cancer cases being referred - over the past years there has been a 5% increase alone.The past three months in particular have seen a significant increase in total cases.Planned surgery waitsIt comes as...