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The FTSE 100 fell more than 3% as the market opened on Friday morning, reflecting fears that a new coronavirus variant could wreak further havoc on international business and travel.
Shares in major airlines plummeted with IAG, the owner of British Airways, falling more than 21% in early trading, while EasyJet plunged 16%.
Engine maker Rolls-Royce and oil giants BP and Shell were also among big fallers.
Overnight, Asian markets suffered their sharpest drop in two months after the detection of the possibly vaccine-resistant coronavirus variant.
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Source : skynews
