19:26

In Australia now, where the market opened up about 2% on Tuesday morning despite a raft of companies revealing the damage the coronavirus pandemic was doing to their operations and falls overseas overnight.

Mining giant Rio Tinto said it was cutting production in South Africa and Canada due to the outbreak.



Broadcaster Seven West Media withdrew n its profit forecasts, citing a fall in ads and the postponement of the Olympics.



Unibail-Rodamco-Westfield, which was formed from the merger of the Australian Westfield group with France’s Unibail-Rodamco and owns shopping centres across Europe and the US, will cancel its final dividend this year but is pressing ahead with an interim one, due to be paid on Thursday.



Shaver Shop has cancelled its dividend.



Many of the companies worst affected by the pandemic, including travel agency Flight Centre and online flight sales site Webjet, are suspended from trade.