
‘Crowd of sellers’ as coronavirus crisis deepens in Europe
Global stock market values are continuing to decline sharply as investors digest the implications of the coronavirus outbreak and a growing number of companies warn of financial hits.Trading across Asia and Europe on Wednesday saw values firmly in the red - with the FTSE 100 in London down again as drinks Diageo put a figure on lost sales in China to date. Two days of heavy losses this week had already seen £100bn erased from the value of the top flight index as cases of COVID-19, the disease caused by the coronavirus, accelerate in European nations including Italy, Spain, Austria and Croatia. ...