BENGALURU: London's FTSE 100 fell more than 2% on Monday as a record number of new cases of the novel coronavirus in Beijing and underwhelming data from China raised concerns of a slower economic recovery from the COVID-19 pandemic.
The FTSE 100 was down 2.2% at a three-week low, with BP Plc sliding 4.9% to the bottom of the commodity-heavy index after saying it would write off up to $17.5 billion in the value of its assets.
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