Swine flu fears spook global markets

At 8.20am, the FTSE 100 was down 66.23 points, or 1.59%, to 4089.76. British Airways was the hardest hit as air travel is seen as the likely spread of the virus, down 8.36% to 150.20p. Cruise liner Carnival has dived 7.17% to £18, while holiday groups Thomas Cook and TUI Travel have fallen 7.07% to 262.75p and 5.61% to 256.50p respectively. Best performer this morning is Aviva, after reporting a worldwide sales increase. The insurer is 3.93% higher to 284p. Drug companies are also doing well, as the world waits to see if a vaccine can be rapidly developed. In Tokyo, the Nikkei was o...