Stock exchanges are experiencing their worst day since the financial crisis as coronavirus cases continue to rise globally.

The FTSE 100 index fell more than 8% in the first few minutes of trade, while stock markets in France and Germany opened 7% lower. Meanwhile oil prices plunged by more than a fifth as a supply pact between Saudi Arabia and Russia fell apart.

The day has been dubbed "Black Monday" by analysts.

Ian Guider, markets editor of The Business Post, joined us to discuss this and other ways the coronavirus has impacted business, including the surge in demand for hand sanitisers being reported by supermarkets.

Listen to the interview in full by pressing the play button on this page.