Stock markets tumble as Ryanair and RBS warn on coronavirus damage – business live


Rolling live coverage of business, economics and financial markets

2.45pm BST

One for the committed central bank watchers among our readers: Tiff Macklem is the new governor of the Bank of Canada (Mark Carney’s alma mater).

Former Deputy Governor Macklem is the new Bank of Canada Governor $CAD pic.twitter.com/J8G51UHiRK

2.36pm BST

Wall Street has followed the lead of London and fallen, after disappointing corporate earnings and Donald Trump’s threat to put tariffs on China in retaliation for its role in the crisis.

The US indices:

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