World stocks have haemorrhaged more than $15-trillion

London — World share markets and oil prices struggled on Tuesday after coronavirus panic caused Wall Street’s worst one-day rout since the Black Monday crash of 1987. In Europe, early 1.5.% to 3% gains in London, Frankfurt and Paris were quickly wiped out as airline and travel stocks suffered a 6.5% drubbing. The dollar recouped some lost ground against the safe-haven yen. Oil gave up attempted gains after Brent’s drop below $30 a barrel on Monday. “We saw quite a staggering drop yesterday, so it might just be a bit of calm after that storm,” said Rabobank analyst Bas van Geffen. “But we are not sure.” Financial markets cratered...