As of Wednesday, more than 81,000 cases of coronavirus have been reported, resulting in at least 2,764 deaths.
. Trade has been significantly disrupted since the end of January and the group expects this to last at least into March. After that Diageo anticipates a gradual improvement with consumption returning to normal levels towards the end of fiscal 2020. The company estimated the negative impact of the virus outbreak on the group's organic net sales and organic operating profit to be between 225 million to 325 million pounds and 140 million to 200 million pounds respectively.
A major city in Shandong province, Yantai, announced all travelers from abroad who arrive in the city will receive free nucleic acid tests for the virus. This move follows an earlier announcement from Weihai, another city in the province, that travelers from Japan and South Korea will be put in hotels for a 14-day free quarantine. South Korea and Japan are the two countries closest to China's northeastern provinces and Jiaodong Peninsula.
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