Stock markets

Global markets tumble as Russia-Ukraine tensions hit shares

Global markets tumble as Russia-Ukraine tensions hit shares

About £42bn was wiped off the value of London’s top 350 listed companies on Monday as mounting fears of an imminent Russian attack on Ukraine triggered a global share sell-off. European stock markets fell heavily, following losses in Asia-Pacific markets, as geopolitical tensions drove oil prices to seven-year highs. The FTSE 100 index lost 1.7%, or 129 points, to…