The US stock market has temporarily halted trading, after the S&P 500 index dropped 8% on opening. It's the third time in six days this has happened.

The so-called "circuit breaker" is triggered automatically for 15 minutes when stocks fall 7% in morning trading.

The plunge comes despite central banks around the world announcing a co-ordinated effort to ease the economic and financial effects of the coronavirus.

The US has cut interest rates to almost zero and launched a $700bn stimulus programme in a bid to protect the economy.

But despite this there were steep falls across the major indexes. The Dow Jones Industrial Average plunged more than 9%.

You can read more here from our business team.

The chief medical officer for Wales has confirmed the country's first death from the virus.

Dr Frank Atherton said the patient was 68 and was being treated at the Wrexham Maelor Hospital. They had underlying health conditions.

"I offer my sincere condolences to their family and friends and ask that their request for privacy is respected," Dr Atherton said.

Another 30 people have tested positive for the virus in Wales, bringing the total number of confirmed UK cases to 1,402. More than 40,000 people have been tested.

You can read more about the situation in Wales here.

Image source, Reuters

The British Film Institute's LGBT film festival is the latest event to fall victim to the cornoavirus outbreak.

BFI Flare was cancelled on Monday "due to the scale and complexity of running a large international film festival with filmmakers set to travel to it from across the world".

The event was going to take place in London from Wednesday, but the organisers say they are now looking at "ways of sharing some elements of BFI Flare digitally".

The Young Vic theatre in London is also cancelling all remaining performances of its Nora: A Doll's House production, which was meant to run until 21 March.

It came after the theatre's sister venue, the Old Vic, cancelled performances of Endgame, which starred Daniel Radcliffe and Alan Cumming.

And jazz singer Jamie Cullum is cancelling the remainder of his UK tour, with cities including London, Oxford, Liverpool and Cardiff missing out.

"When a big tour is out on the road it takes a lot of moves to bring it suddenly to a halt, particularly with no clear directives from our own government," he says.

"For now, the brakes are on, and we are working on rescheduling the shows for later in the year, when the universe is a better place."

Coronavirus infections in the Netherlands have risen by 278 to 1,413, according to the National Institute for Public Health (RIVM).

The death toll rose by four to 24 from Sunday, it said.

Dominic O'Connell
Business Presenter, BBC Radio 4 Today programme

The coronavirus has hit them hard and Virgin Atlantic, the airline founded and still part-owned by Sir Richard Branson, has called for government cash - support totalling perhaps £7.5bn ($9.2bn) to tide the sector over.

But airlines are not speaking with one voice. IAG, the owner of British Airways, has pointedly not asked for a bailout, and this morning went out of its way to point to its substantial cash reserves - more than £9bn in total.

A senior source at IAG told me that there were "better uses" for taxpayer's money than bailing out airlines - a thinly-veiled jibe at Virgin Atlantic.

IAG's chief executive, Willie Walsh, was vociferous in his opposition to a bail out for Flybe, and it's clear he will also fight a handout for Virgin Atlantic, which is BA's direct competitor on lucrative routes out of Heathrow.

What will the government do? Read more from Dominic here.

Image source, AFP/Getty Images

Last week, the Queen confirmed she was cancelling two trips due to the coronavirus outbreak.

But her daughter, Princess Anne, is keeping calm and carrying on.

The Princess Royal, who turns 70 in August, will go to the Addington Equestrian Centre in Buckingham later in her role as vice patron of the British Horse Society.

The society says it is taking extra measures to keep the 300 guests safe, saying: "We're doing exactly what the government has advised.

"We have additional hand sanitisers and we're encouraging people to wash their hands."

Image source, PA Media

Car manufacturers are the latest firms to be asked to contribute to the fight against coronavirus.

The UK government is asking the likes of Rolls Royce, Ford and Honda to help build medical equipment, including ventilators, amid growing concern about a shortage of the life-saving equipment.

Downing Street says it wants the manufacturing sector "to come together to help the country".

But the BBC's business editor, Simon Jack, says manufacturers are far from ready to switch production.

You can read more on this story here.

Emmanuel Macron has denied claims that a lockdown in France is imminent.

The French President is due to deliver a televised address to the nation this evening, while an announcement on EU border controls is due "in the coming hours".

There's speculation that Mr Macron will use the address to announce measures similar to Italy and Spain, which have both already mandated curfews and home isolation for all residents.

The government denies this, AFP news agency reports.

All non-essential businesses in France - including restaurants, cafes and bars - have already been closed in an attempt to curb the spread of the coronavirus.

As of Sunday the country had more 5,000 cases, and 127 people had died.

Image source, Getty Images

For UK readers just joining us here's a recap of the latest developments.

• 14 more deaths were confirmed on Sunday. A total of 35 people have now died in the UK after contracting Covid-19
• Another 30 people test positive in Wales
• The UK government says it will hold daily televised press conferences
• The UK is advising anyone with a "new, continuous" cough or high temperature to self-isolate for seven days
• People self-isolating with mild symptoms of the virus are no longer being tested
• The NHS is to stop non-urgent surgery, in an attempt to free up medics. The government has outlined who will be prioritised here, external
• Manufacturers have been asked to switch production in a bid to produce more medical equipment, such as ventilators
• Plans to charge over-75s for BBC licence fees have been suspended until August
• On Monday, a second MP revealed they had tested positive for coronavirus

What can we expect later?

• Prime Minister Boris Johnson is chairing an emergency Cobra meeting
• The meeting will discuss the "next steps" on government plans to shield the elderly and vulnerable people from the virus, and whether mass gatherings should be banned

• Health officials are expected to give an update on the number of cases then, at about 14:00 GMT on the Department for Health's Twitter page, external
• From today, Scottish government advice applies which says events involving more than 500 people should be cancelled

• British horse racing officials are to meet later to discuss whether to continue to hold meets behind closed doors
• On Tuesday, emergency legislation giving the government more powers to deal with the outbreak will be shared.

Geeta Pandey
Editor, women and social affairs India

The threat of coronavirus has now reached the doorstep of Hindu gods and goddesses.

On Monday, one of India’s richest Hindu temples announced that it was shutting its doors to devotees due to the outbreak.

The famous Siddhivinayak temple, dedicated to the elephant God Ganesha in the city of Mumbai, will remain shut until further orders, reports the Press Trust of India.

Since the outbreak, the temple had been cleaning and sanitising floors and hand railings frequently, they had arranged masks for workers, and had started providing the devotees with hand sanitisers while entering the premises.

The temple board took the decision after an appeal from the government of the Maharashtra state where Mumbai is located.

Visitors to the Hindu shrine of Vaishno Devi in Jammu region are also being checked with thermal scanners before being allowed in.

Image source, Getty Images

Public Health Wales say another 30 people have tested positive for Covid-19 in Wales, bringing the total number to 124.

Helen Catt
Political correspondent

Downing Street has said that plans to ration food will not be included in the government's proposed emergency legislation.

Health Secretary Matt Hancock will set out further details tomorrow.

The prime minister's official spokesman said that retailers were taking "all necessary steps" to ensure there is continued food supply

Meanwhile, Environment Secretary George Eustice is due to meet the major supermarkets this afternoon

Norway's Prime Minister Erna Solberg has told children in the country that it's "OK to be scared" during the pandemic.

Schools and nurseries are among the many public and private institutions in Norway that have been closed in response to the outbreak.

She held a special news conference dedicated to answering questions from children about the coronavirus.

The questions Ms Solberg fielded included, "Can I have a birthday party?", "Can I visit my grandparents after going to a shopping centre?" and "What can I do to help?"

"It is OK to be scared when so many things happen at the same time," she told them.

"By being home you are helping other people not to be contaminated and get sick. It is important for those who already have a disease, or who are very old."

Children of nurses, doctors and other key workers are still able to go to nurseries and schools.

Image source, Getty Images

Plans to charge over-75s BBC licence fees have been postponed until August in light of the coronavirus outbreak.

The BBC and Department for Digital, Culture, Media and Sport announced the move in a joint statement.

"Changes to the TV licence for people aged over 75 had been due to come into effect on 1 June. But during this time we do not want anyone to be worried about any potential change," it read.

"The BBC's priority over the coming period will be to do everything we can to serve the nation at this uniquely challenging time. As the national broadcaster, the BBC has a vital role to play in supplying information to the public in the weeks and months ahead.

"Recognising the exceptional circumstances, the BBC Board has therefore decided to change the start date of the new policy. Our current plan is to now bring it into place on 1 August. We will of course keep the issue under review as the situation continues to evolve."

Iran's death toll from the new coronavirus has reached 853, with 129 new deaths in the past 24 hours, a health ministry official has tweeted.

A total of 14,991 people have been infected, making it the third most affected country after China and Italy.

Lorna Gordon
BBC News Scotland correspondent

Scotland First Minister Nicola Sturgeon has said the next few months are likely to be "very challenging and unprecedented in our lifetimes".

She said that the Scottish government will have saving lives and protecting the public as the priority.

Monday is the first day that the Scottish government's advice to cancel mass gatherings for more than 500 people comes into effect. Ms Sturgeon said advice on smaller gatherings and whether to close schools was under constant review.

The Scottish government does not have the power to cancel events, but has called on organisers "to act responsibly".

She added:

• By the end of the week 1.2 million people in Scotland, through 200 GP practices, will be covered by a GP testing system usually used to track seasonal flu. It will now be used to test those with relevant symptoms in the areas involved to track how COVID-19 spreads and to try and pick up virus hotspots
• The government intends to give daily briefings to the media to get information out to the public
• While health is devolved, and while on occasion there might be slight differences in the differences in policy or the timing of policy between nations, she expects there to be a high degree of commonality as it is based on the same scientific advice.

Image source, Getty Images

Spain's number of coronavirus cases has risen to 8,744, while 297 people have now died, according to Fernando Simon, the head of the country's health emergency centre.

The previous tally was 7,753 cases on Sunday, with 288 fatalities.

Image source, EPA

Image source, EPA

Protesters wearing face masks and protective suits have been pictured outside Downing Street in London this morning.

The group, called Pause the System, says it wants the UK government to step up its measures against coronavirus.

Spokeswoman Kelly Waters told LBC Radio the UK should follow some other countries in closing schools, shutting non-essential businesses, and encouraging people not to go to work.

"Why should the UK be a guinea pig for the rest of the world," she said.

Our science correspondent Pallab Ghosh has taken a closer look at why the UK's plan is different to other countries here.

French far-right politician Marine Le Pen is self-isolating after meeting people who showed symptoms of coronavirus, BFM TV reports.

Last Thursday she also sat next to someone who recently tested positive.

She doesn’t have symptoms at the moment.

Image source, EPA

Transport for London says passenger numbers were down on the tube last week by 19% and by 10% on buses.

TfL says it will need financial support from the government and that its best case scenario is that the coronavirus outbreak will cost it £500m.