Rolling coverage of the latest economic and financial news * Hong Kong stocks slide amid virus worries * Hang Seng tumbles in first New Year session * BA suspends flights; Toyota keeps factories closed 11.33am GMT Ovo Energy, which recently joined the ranks of Britain’s biggest energy firms, has now also joined the ranks of firms fined by the regulator. Ovo’s sin was to send inaccurate bills, or no statement at all, to over 500,000 customers over several years. Related: Ovo Energy to pay £8.9m after sending inaccurate bills 11.30am GMT READERS WITH LONG MEMORIES MAY BE SURPRISED TO HEAR THAT GREECE CAN NOW BORROW AT AN INTEREST RATE JUST BELOW ZERO. Yes, investors are prepared to pay Athens for the privilege of buying its debt -- at least the short-term bonds, repayable in six months. Greece just issued €487 mio of a 6 months t-bill. The yield is NEGATIVE (-0.05%). Greece. Not even the first time - Greece had three negative yield T-bill auctions last year! https://t.co/a1etxJ6qTZ pic.twitter.com/sjfUdE7Aq5 Continue reading...
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