Tag: Shares

Lockdown fears hit travel, hotel and pub shares

Image copyright Getty Images Leading shares across Europe have fallen sharply in morning trading amid fears that a renewed rise in coronavirus cases will blight economic prospects. In London, the benchmark FTSE 100 share index was down more than 3%, with airlines, travel firms, hotel groups and pubs leading the rout. Worst hit was British Airways owner IAG, which slumped… Read more →

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HSBC’s shares dive to lowest level since 1995 in HK

Image copyright Getty Images HSBC’s share price in Hong Kong has fallen to its lowest level since 1995 amid allegations of money laundering. HSBC allowed fraudsters to transfer millions of dollars around the world even after it had learned of their scam, leaked secret files show. The UK-based bank faces multiple pressures including political tension in Hong Kong and the… Read more →

Coronavirus: Nissan shares fall 10% after record loss warning

Image copyright Getty Images Nissan’s shares have plunged by 10% in Tokyo trading after warning that it would see a record annual loss. Japan’s second largest carmaker said it expects a $4.5bn (£3.5bn) operating loss this year as the coronavirus hinders its turnaround efforts. The worse-than-expected forecast came as the company predicted its sales will be the lowest in a… Read more →

Shares in Europe creep higher after torrid trading on Thursday

Image copyright Getty Images European markets have nudged higher after Thursday’s dramatic falls, which were prompted by grim economic and health news from the US. By mid-morning, London’s FTSE 100 share index was up more than 1% at 6,147, while France’s Cac index was up almost 2%. However, markets remain volatile as investors struggle to assess the economic damage of… Read more →