Tuesday, 31st January 2023
<To guardian.ng
Search

$3 trillion wiped off global markets over coronavirus fears

By France24
27 February 2020   |   3:26 pm
Around $3 trillion has been wiped off the value of global shares this week, as investors fear the consequences of the spread of the coronavirus. European markets plunged at the open of trading this Thursday. Also today, workers at carmaker PSA get a bonus after the company reported record profits for 2019.

Related

21 Dec 2021
‘Tis the season… for emotional manipulation. These images show children seemingly barred from a Christmas market and Father Christmas being dragged away by police. But they are being wielded to pull on people’s heartstrings as the holidays approach, with the fake news mill continuing to twist the facts.
1 Jan 2022
US coronavirus cases on the rise: Epidemiologist Peter Chin-Hong speaks to DW
30 Dec 2021
The total number of omicron cases detected in Germany rose sharply with the latest figures, which were the first to provide testing results and data from a working day after the Christmas break.
6 Jan 2022
Each week, Ghana receives 15 million items of used clothing sent from the West. But 40% of the products get discarded due to poor quality. They end up at landfills and in bodies of water, polluting entire ecosystems.
14 Jan 2022
Coronavirus shutdowns are ending across Africa. Officials don't view severe curbs as a suitable tool for containing the spread. Vaccinations alone won't cut it. Now, Africans are seeking a way to live with the virus.
20 Jan 2022
Health officials are worried the sheer number of new infections will once again overwhelm the Himalayan country's fragile health care system.
30 Jan 2022
It's been a rollercoaster 24 hours on global stock markets, with huge swings on Wall Street and volatility hitting its highest level since October 2020. Investors are waiting for the decision from the US Federal Reserve on when it will start raising interest rates, but are also concerned about the rising tensions at Ukraine's border. Meanwhile, Bitcoin has slumped as low as $33,000, down over 50 percent from its peak in November. Our Business Editor Stephen Carroll has the details.
29 Jan 2022
Stock markets slumped in Asia on Thursday and European shares started the day's trading in the red, after signals from the US Federal Reserve that it could raise interest rates more than three times in 2022. Fed Chair Jerome Powell said the central bank's policy committee was "of a mind" to start raising rates in March, and that it would be guided by the economic data. FRANCE 24's Business Editor Stephen Carroll looks at market reaction to the announcements.
2 Feb 2022
Which COVID-19 vaccines work longest? And what are their advantages and drawbacks?
16 Feb 2022
Stock markets returned to calmer trading on Tuesday after a volatile day on Monday, when investors were spooked by a joke made by Ukrainian President Volodymyr Zelensky about an imminent Russian invasion. His spokesman later clarified that the comments were "ironic". Oil prices, meanwhile, remain close to their highest level in seven years over fears of potential disruption to supplies. Also today, we look at the latest pay talks between French workers and employers, as inflation continues to rise.
15 Feb 2022
The tennis star is prepared to miss the French Open, Wimbledon and any tournament if they require jabs. He told the BBC that he is not against vaccines but wants "the freedom to choose what you put into your body."
20 Feb 2022
Buckingham Palace has announced that Queen Elizabeth has tested positive for COVID-19