The First Quarter. Profits down at yahoo but the numbers beat the street thanks to a great performance by alibaba. And russia warns ukraine it stands on the brink of civil war after kiev launches military operations to try to win background from the separatists. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Hello and a warm welcome to todays edition of Worldwide Exchange. There is a huge amount to get through in todays show, an awful lot to talk about. Coming up, could the mobile phone as you know it soon be ancient history . Googles planning a modular smartphone that consumers can customize with various hardware features. Well take a look at that. Bank of america set to report numbers from the bell today. Find out why this is a top stock pick. And a fatal ferry industry. Well be in seoul later in the show. First, asian stocks are up. First quarter gdp came in at 7 another 4 , thats down 7. 7 from last quarter of last year. Lets get a breakdown of