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Food giant Nestle is postponing all business trips until 15 March, AFP reports.
“We have asked all of our employees worldwide not to travel for business purposes until March 15 2020. We will review this measure in light of external developments,” a company spokesman told AFP, quoting an internal note.
The benchmark ASX200 index opened down for the third day in a row, falling 1.7% by 11am as the coronavirus crisis continued to scare investors.
There were falls across the board but companies exposed to China or international travel led the bourse down.
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