Apple shares slide 5% as coronavirus warning spooks markets - business live
(The Guardian Business News)

Rolling coverage of the latest economic and financial newsLatest: Apple´s share slide 5% in Frankfurt$70bn could be wiped off Apple´s value when Wall Street opensTech stocks hit by revenue warningApple: coronavirus will hurt iPhone salesSouth Korea: it´s an economic emergency 8.41am GMT Tech companies aren´t the only ones suffering.Shares in small UK manufacturer Tekmar have plunged by almost 40%, after it warned that the coronavirus is hurting business.`China´s necessary and prudent response to the outbreak of the coronavirus, including the restriction of travel in the country, is affecting the Group´s performance materially in a number of ways. 8.38am GMT Cardiff-based iPhone supplier IQE have slumped 6% in early trading -- another casualty of last night´s warning. Continue reading...