Documentaries online, studentam. Org. Next the World Health Organization holds a briefing on the coronavirus outbreak. We heard about social distancing, how closing schools and canceling sporting events can slow the spread of the virus. This runs one hour and 10 minutes. Good afternoon, thank you very much for watching a regular press conference whether you watch it on the Youtube Channel or you are watching, today we have the director general and doctor molinaro the chief of supportive logistics and doctor mike on the phone to answer some questions. Two small announcements. The Business Continuity plan has been activated in order to deal with Public Health guidance as well as to deliver on its mandate, they are performing functions through teleworking arrangements. This functions can only be performed on site with access to this campus. There will be no immediate presence on the compass to date. It will continue to provide normal services. Our regular briefings will be Virtual Press c
His cabinet. Caroline. Us bring in about psa. T ask you what do we expect to hear from the board . How quickly will the acquisition happen . Groupne we have the psa Board Meeting this afternoon. Signing and mo you by the end of the day. Sources, to bloomberg one big obstacle has already been removed. A stake owner is backing the mou and this is key. Remember in june, the state backer was responsible for making the merger between fiat and. The future governance of the new entity and the synergies between them and the psa group. To remainthe chairman chairman of the new entity. Expect also the psa group to have six seats on the board. We expect the entity to be based in the netherlands. It will have offices in new york, paris, and milan. To access the u. S. Market with chrysler and jeep. However, two legal obstacles remaining. One with italian authorities and the other with chrysler being accused by General Motors of bribery. The company has denied wrongdoing. Anna thank you very much. M
Welcome to countdown. I am anna edwards. I am joined by mark barton and manus cranny. Lets start with facebook. Yes. Profits are up. Sales up. Average ad prices up. Shares up. Average monthly users up. That is all you need to know. Up, up, up. Shares, record high, afterhours high. Monthly active users. Fantastic. Watching . What are you to call themselves the 3d experience country company. 20 of revenues in 3d. Take a car and great and 3d image. Take a kitchen and create a 3d image. Yes. Us talk about the numbers. I can tell you revenue rises by 7 . Plan another acquisition. The plan is to double the revenue in the past five years. The data by acquisition. Engineering software. Exciting. That business has been under a bit of rusher in europe. These are the images you are seeing on the screen. They are doing another acquisition at 570 million euros. It is the Second Quarter numbers. I will be talking to the chairman a little bit later. Wonder what he has to to say about currency perhaps
Hello and welcome to todays edition of Worldwide Exchange. From davos, im Ross Westgate. Im kelly evans in london. These are your headlines from around the world british Prime Minister David Cameron promises to hold a referendum on the e. U. Warning that a concession for the democratic leadership is wafer thin. If we dont address these challenges, the danger is that europe will fail and the british people will drift toward the exit. Google could light a fire under u. S. Markets today as the giants Fourth Quarter profits top forecasts on higher ad revenues. And here in davos, bank ceos fight back against regulators in an exclusive cnbc debate, apologizing to scandals of the past but defiant it the role of the industry. I think theres so much misinformation out there thats used aggressively by people for their own purposes. We provide a service to you. We make a little money every time we do it. Thats what happens. And ceo confidence down for a third year in a row according to a survey h