Musk reportedly starts his ownership of Twitter with firings of top executives; NatWest unveils flat profits as it takes bad debt charge

European stock markets have followed in Asia’s footsteps and opened lower. The FTSE 100 index in London has been dragged lower by NatWest, the top faller, down 7.4%.

UK’s FTSE 100 index down 66 points, or 0.9%, at 7,007

Germany’s Dax down 103 points, or 0.8%, at 13,106

France’s CAC down 37 points, or 0.6%, at 6,207

Italy’s FTSE MiB down 279 points, or 1.2%, at 22,312

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