Transcription:
Riggs: Hello everyone. It is the 27th of February. By the way, it's a leap year, will be the 29th this year. It's a pleasure to have you on board. Lots to talk about so I'm going to cover this. I really like these audio briefings because they are very intimate and I get to talk to you intimately so let's get on with it.
The big news is obviously Coronavirus. That is huge and what I'm seeing happen is that companies are now reacting by halting operations and restricting employee travel to China. This is true of a whole bunch of businesses. We've got Facebook, which even though it's forbidden in China, actually has a lot of offices there, LG, Nestle, L'Oreal, Cargill are discouraging travel. I see that Nestle, the world's largest food company, has asked all 291,000 of its employees not to travel until the middle of March. “Domestic travel should be replaced by alternative methods of communication where possible.”
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