Business
Global sharemarkets tumble as virus worries rattle investors – Sydney Morning Herald
Stocks around the world plummeted and the ASX is set for heavy losses this morning on worries the worsening pandemic would mean more restrictions on businesses…
Policymakers in Europe “must choose between low unemployment or low COVID transmission rates. Unfortunately, they are now left dealing with the most sensitive currency of them all, people’s lives,” Stephen Innes of Axi said in a report.
In European stock markets, Germany’s DAX lost 4.2 per cent, and France’s CAC 40 dropped 3.4 per cent. The FTSE 100 in London fell 2.6 per cent.
Coronavirus counts are also climbing at a troubling rate in much of the United States, and the number of deaths and hospitalisations…
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