New York to ban gatherings over 500 people; Arsenal coach tests positive; Australian Grand Prix cancelled, Italy deaths pass 1,000. Follow the latest news
- Arsenal head coach Mikel Arteta tests positive for coronavirus
- Boris Johnson: many more people will lose loved ones to coronavirus
- Many infections spread by people yet to show symptoms – scientists
- How do coronavirus containment measures vary across Europe?
The Australian market tumbled almost 7% on opening, setting it up for a second day running of heavy losses due to the coronavirus crisis.
Blue chip stocks tumbled as they began trading shortly after 10am, with shares in big miners BHP and Rio, both of which fell overnight in London, where they are also listed, tumbling 6.8% and 4.55% respectively.
The Australian Grand Prix has been cancelled after a member of the McLaren team texted positive for coronavirus.
Related: Formula One’s Australian Grand Prix cancelled amid coronavirus fears
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