Published 26 November 2021 Share close Share page Copy link About sharing Related Topics Coronavirus pandemic Stock markets across the world have fallen sharply after the discovery of a new Covid variant raised fears over the economic recovery. The FTSE 100 index of leading UK shares closed 3.7% down, while main markets in Germany, France and the US also sank. Shares in airlines and travel firms were hit hard, with BA-owner IAG and Wizz Air down 15%. Tui shed 10%. The UK and other nations have introduced a ban on flights from six southern African countries. UK Health Secretary Sajid Javid said scientists were “deeply concerned” about the new Covid strain and its potential to evade immunity. The UK has temporarily banned flights from South Africa, Namibia, Zimbabwe, Botswana, Lesotho and Eswatini starting from midday on Friday until 04:00 on Sunday. What are the UK travel rules? Live: Latest on the new variant All six counties are being added to the UK’s travel red list. It means that any British or Irish resident arriving from the countries after 04:00 on Sunday will have to quarantine in a hotel, with those returning before that being asked to isolate at home. The… Read full this story
- Dell shares hit new high
- The Day Ahead: Will Palm's palm reading rattle investors?
- New Bugbear worm races up virus charts
- Consumer sites sing a new song: B2B
- The CPU catastrophe will hit hardest in the cloud
- Stocks surge as investors pin hopes on U.S.-China trade truce
- Apple shares could be about to hit a new all-time high
- iPhone will grab more market share as Samsung falls in 2018
- The Day Ahead: Will Rediff.com be an IPO hit?
- Nasdaq: Have we hit rock bottom yet?
Covid: Shares hit as new variant rattles investors have 279 words, post on www.bbc.co.uk at November 26, 2021. This is cached page on Vietnam Colors. If you want remove this page, please contact us.