Europe suffers worst day since 2016 as virus spreads

LONDON (Reuters) - Europe's share markets suffered their biggest slump since mid- 2016 on Monday, as a jump in coronavirus cases in Italy, South Korea, Japan and Iran sent investors scrambling to the security of gold and government bonds. Milan's stock market plunged over 4.5% after a spike in cases of the virus left parts of Italy's industrial north in virtual lockdown. Frankfurt and Paris both fell more than 3.5% and London's FTSE dropped 3.3%, wiping at least $400 billion off the region's..