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Coronavirus live updates: stock markets plunge on global recession fears

With cases spiking sharply across Europe and emergency measures in place from California to Saudi Arabia, investors have sent shares tumbling. Follow all the developments live.

There’s ‘No chance’ of the Australian Grand Prix happening behind closed doors, organisers say.

Italian Formula One teams have started arriving in Australia and there is no chance of the opening grand prix of the season being cancelled, postponed or being held behind closed doors, despite fears over the coronavirus.

Related: ‘No chance’ of Australian Grand Prix going behind closed doors – organisers

The operator of cruise ship Costa Fortuna said it was heading to Singapore to end its journey on Tuesday as planned, after it was turned away from ports in Malaysia and Thailand over coronavirus fears.

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