European stocks eased from a one-year peak on Tuesday, as a new wave of coronavirus infection and a fresh lockdown in Germany raised fears of a slow economic recovery from the pandemic. About 60 per cent of construction sites have been closed since early January as part of wider measures to curb coronavirus. LONDONThe FTSE 100 finished lower amid concerns over vaccine distribution in the EU and the threat of a potential vaccine export ban. The FTSE 100 closed 26.91 points or 0.4 per cent lower. The gains have slowed this week amid worries about a surge in Covid-19 cases.

Source: The Irish Times March 23, 2021 20:05 UTC