nissan suing carlos ghosn in japan for ¥10 billion in damages. have been following the very high-profile flight of this auto industry executive from japan, from imprisonment in japan, where he was awaiting trial, of course. he did not think he was going to get a fair trial so he crafted an incredible escape story to the middle east. as he builds his case there, as he passes his time, spent his time in the middle east, we watch what is unfolding in the japanese political and legal establishment. we see nissan suing carlos ghosn in japan for ¥10 billion in damages. interesting to see what kind of response we get from carlos ghosn on that front. let's get back to the market story now and get to market cranfield. -- mark cranfield. good to speak to you. for some time, it did seem as if the western, more developed markets had managed to draw a line in the sand already between what was going on in the coronavirus fight and the sad death toll and what goes on in markets. it seems asian equity markets are also managing to do that and asian risk assets ad

carlos ghosn denies wrongdoing. thispokesperson accused was one week before the earnings report.the former auto tycoon is contesting what he calls an , andal dismissal by nissan is seeking 15 million euros in compensation in a dutch court. lebanon will ask the international monetary fund for technical help to address its economic crisis, according to government forces seeking to the reuters news agency. lebanon is facing a looming debt deadline, with a eurobond falling due on the month of march. the banking association says that i am ofof help n needed to rerestructurure the countryry's. two b big compapanies have drdrd out ofof the mobile event in ths month. they say they will not attend because of the coronavirus outbreak. theipmaker has also j joined exit. u.s. and chinese companies have already pulled out from the bibg event.t. the organizers are meeting t to rereview theheir options this friday. the e u.s. competitionegulator is demanding that the world's biggest tech companies hand over informatation about all of their acquisitions in the past decade. the federal trade comm

japanese car maker nissan has filed a civil lawsuit against its former chairman carlos ghosn.kohama district court, seeks an initial amount of $90 million. mr ghosn is currently in lebanon afterjumping bail injapan, where he faces charges of financial misconduct. the company seeks to recover fines it expects to have to pay to regulators due to mr ghosn's alleged misconduct. shares of softbank are surging by as much as 12.5% after a merger between t—mobile and sprint was given the green light by a usjudge. remember, the japanese firm owns sprint. the deal is worth $26 billion — and the firms claim this will help reshape the us wireless industry, and build up america's 5g networks. but critics say it's only going to lead to higher prices. us officials say chinese company huawei builds secret back doors into its hardware that allow it to covertly access mobile—phone networks around the world. washington has long tried to convince its allies, such as the uk and germany, to ban the use of the firm's telecom equipment in the building of 5g networks. huawei denies the allegations. st

rahel is here. >> the saga betwn nissan and carlos ghosn continues the automaker is seeking an initial million. looking to recover monetary damages inflicted by ghosn as a result of, quote, years of misconduct and activity. >> google heads to court seeking to overturn three european antitrust funds that total roughly $900 million >>> and new report from the u.s. department of transfor theation systems that blasted the faa the agency says managers failed to ensure that they comply withstand ards shares of southwest lower down 1.2% in pre-market >> thank you we'll see you back later 2020 democrats are turning their attention to nevada and south carolina after senator sanders' victory. putting him near the top of the now fractured field which is now smaller. kayla, can you break down where things stack up after the primary. >> reporter: sanders is victorious in new hampshire after a chaotic run in iowa a week ago with 25.9% of the votes. sanders can claim victory here his support has been eroded by the entrance of south bend mayor pete buttigieg and senator amy klobuchar. buttigieg with 2

time soon for example the company continues to deal with the scandal surrounding former chairman carlos ghosn nissan is now claiming damages from its next boss who escaped custody in japan nissan is also battling slowing demand in key markets such as china speaking of which coronaviruses further weakening the company's outlook and sound has halted its production in china until at least later this month. execs have assured investors overall turnaround plan is in place however it could take some time until nissen is flying high again. and out of some of the other business stories making headlines around the world australian flag carrier quantas has told its international pilots it's bringing in additional flight crews to operate its legit nonstop flights from australia to london and new york that's if they don't agree to a new wage agreement the alan has been in a deadlock with pilots over how much they will be paid to fly the world's longest commercial flights starting in 2023. because it 19 or corona virus is throttling the world demand for oil not only is the virus lashing the economy in chi

time soon for example the company continues to deal with the scandal surrounding former chairman carlos ghosn nissan is now claiming damages from its ex boss who escaped custody in japan nissan is also battling slowing demand in key markets such as china speaking of which coronaviruses further weakening the company's outlook and sound has halted its production in china until at least later this month execs have assured investors an overall turnaround plan is in place however it could take some time until nissen is flying high again. now here's a statistic that might shock you every year an estimated 7000000000 euros worth of brand new and used goods are destroyed in germany one of the biggest offenders its online retail giant amazon our next report explains why it's often more economical for a company to trash goods that don't make them. these photographs are a testimony to our consumer society the show brand new christmas lights electric fires and books still in their original packing. goods that will never reach the consumer because they're destined to be destroyed. journalists discovered t

profits for the 9 months to december weak demand in the fallout from the scandal around former boss carlos ghosn has hit the company hard piece on has downgraded its forecast for the financial year to march 2020. british oil giant b.p. says it will make drastic cuts on carbon emissions by 2050 as part of the biggest overhaul of the company's history new chief executive bernhard looney says the company must change profoundly because the world is changing fast and so our society's expectations are 20 german chemical firm b.s.f. is building a factory to make electric car batteries the site in the state of brandenburg near the capital berlin will be based just 100 kilometers from tesla's 1st european factory both sides are scheduled to open in 2022 the b.s.f. expects to make enough batteries to equip 400000 cars a year. and let's check in now with our financial correspondent in frankfurt chelsea delaney gels the european markets opening today with a bit of a slide he tell us what's behind the. markets are realizing that they may have gotten a little bit yesterday just 24 hours ago the tax was at a r

it began with the departure of ceo carlos ghosn after his arrest on charges of financial wrongdoing.trong investment bank performance boosting credit agricole numbers in the fourth quarter. jumping more than 50%. it helped revenue beat estimates. the bank also reporting record inflows at its asset management unit. we end with tesla. it is raising money again. the electric carmaker selling at least $2 billion of shares weeks after ceo elon musk said investors did not make sense. the company's recent stock surge seemed to have changed his mind.he will use the proceeds to shore up tesla's balance sheet and fund his seemingly endless aspirations. francine? francine: rbs is growing in for rate rebrand as the bank is changing its name to net west group. that is state control entered looks to put its past behind it. the new chief executive is also embarking on more cost-cutting in her first earnings since taking over last september. the chief financial officer katie murray said there are more challenges ahead. katie: we are clearly going to incur some losses in terms of the resizing upnatwe

to continue and very quickly just catchable viewers on how he plays in all this well right now carlos ghosn who is the x. c.e.o. of nissan who was also the president of the group with reno which he was the president as well as mitsubishi he was working on a merger so they could all work together like i had stated they work together closer they share platforms everybody succeeds but in reality because of a misunderstanding and whatever reason they decided to have a coup against carlos go on he as we talked about the past escaped to lebanon and right now he's trying to get all the paperwork because of this lawsuit and of course he's not supposed to be traveling outside of the country but hey at least he's free and rather than being in a japanese prison well right now he is and i'm sure we'll figure out what goes from from here but when dealing valvo the idea was to leave it as a standalone swedish car company but not anymore q.e. is going to absorb all into one global business unit but it seems that the vehicles will maintain their old branding is that right and there is this move about this

the company looks to rebuild in the aftermath of the carlos ghosn affair renault has posted its firstual loss in a decade and cut its 2020 margin goal as the french carmaker struggles to come to terms with a slump in demand reporting an annual lost of 140 million euros. charlotte is live from the renault headquarters with a special guest. a quick one, investors are not taking today's results well at all. can you give us more detail? >> good morning. yes, the shares in the red this morning. i'm joined by the managing director to discuss all of this. the results this morning, the market a little disappointing there. are the results reflecting specific wren at or the car industry more widely >> it is a general industry problem. there are a number of issues with renault some of the compliance on co 2 for renewal are more critical. this makes the emerging market exposure that did not help >> you wither in a meeting a bit earlier. coming into place in july. the acting ceo we mentioned higher restructuring cost. do you think they are taking the right steps to address the issues that they fac

carlos ghosn. scarlet: as long as you make money off of it. i don't see it as a risk.ine: ghosn struck a deal potentially work on some sort of hollywood project for life. hulu,t: on netflix, amazon? to come will he be able to hollywood? scarlet: it is streaming so we can watch it in lebanon. sonali: might as well control the story instead of let someone else take it away from you. romaine: coming up a structural feature designed to simplify refinancing and bring efficiencies to the market. from new york, this is bloomberg. ♪ with i am mark crumpton bloomberg's first word news. usually bustling streets and transit ports look more like a ghost town as the death toll for the coronavirus rises to at least 910. canada's finance minister now says the virus will have an impact on that country's economy. donald trump says the united go -- is "in good shape "in good shape." the justice department would not confirm if there is an investigation into joe biden and his son hunter. attorney general barr spoke to reporters a day after lindsey graham told cbs that the justice departme

hp argued that the previous bid undervalued the company. ,ne of my favorite stories carlos ghosn is goingywood. the former nissan executive who made a daring escape from japan has hired legendary agent michael hoven to negotiate his film and tv projects. insn forfeited $14 million bail money by fleeing. he was president of disney and received $140 million in severance payments for a year's work. . when you spend a lot of money escaping from a jail, you need a movie to make money. 0.7s&p still up by about 5%. even if apple is not doing great today, it is hard not to buy t h buy the buy tech, to momentum. by 0.2% acrossn the board, as you can see. ftse 100, oil is down, some of the mining stocks down. the dax is down by about 0.2%. strong market last week. equities were rallying here in europe. slight stabilization when it comes to the equity story today in europe. the european close is coming up. we will give you all the details when we return. this is bloomberg. the european close is coming up next. ♪ sometimes your small screen is your big screen. and with the xfinity stream app, which i

reporting its first loss in a decade that broader slowdown coupled with internal troubles related to carlos ghosn another big west. they're slashing the size of its investment bank. if the changes weren't enough to convince investors today, those shares at rbs are down 6% in london trading so far today, so it may still keep some sell ambulance of it, but it will be fully nat west for many clients soon enough. >> sue herera has a news update. >> good morning, everyone. here's what's happening at this hour president trump ignoring his attorney general's public request to stop tweeting about the justice department the president saying he has the legal right to ask the agency to intervene but has chosen not to. the president's comments come after attorney general william barr complained the president's tweets were making it impossible for him to do his job. >>> the u.s. embassy in tokyo says the government is working to ensure the safety and health of all u.s. citizens aboard the "diamond princess" cruise ship that has been quarantined in yokohama >> all of us share the same goal, to ensure your heal

. >>> and another development in that long running saga of the former r echenault boss, carlos ghosn.r $90 million for, quote, misappropriations of company resources and assets and that number could only get higher in the weeks to come. >> that's incredible. a lot of stories there, some more disturbing than others. >>> let me ask you about samsung, they have a new product that has been unveiled, a new product including the $1,400 phone. what more can you tell us about that? >> well, that phone it may appeal to yasmin's sense of nostalgia for the flip phones. >> i have a flip phone i can sell you for a dollar. >> i don't doubt it. i will get on ebay and get ahold of it. yeah, this is called z flip, you can have a video screen on the top half, put it on the table, video call you guys while having your breakfast and the cnbc team says it feels quite sturdy, which is the problem with their first attempt at one of these folding phones a couple months back. >> the question is the size of it. i can't imagine holding any bigger phone in my pocket. >> it's a flip phone, it seems like it would

japanese car maker nissan has filed a civil lawsuit against its former chairman carlos ghosn the suitl injapan, where he faces charges of financial misconduct. the conference organisers gsma say the mega mobile world congress in barcelona will still go ahead. even though facebook and intel say they are also withdrawing from the event, over concerns about the coronavirus covid—19. amazon, sony, lg electronics and ericsson had already pulled out.there are ususally100,000 delegates at the congress every year with more than 6,000 from china. there has been a surge in sales for organic beauty products in the uk. it has grown significantly. the figures come from the soil association, which claimed that with the rise of conscious consumerism, there has been a real noticeable shift in shoppers mindsets in regards to the product speeches to put in their shopping baskets. 1790% people say they are more likely to buy a product if it says organic. —— 7996 buy a product if it says organic. —— 79% of people. it is really interesting that your research says organic and natural products. there isa or

viviana: nissan is suing carlos ghosn.omaker is seeking $91 million in damages from its former chairman. the amount of the claim may arise depending on any fines or pay.ties nissan has to carlos ghosn was arrested on charges of financial misconduct in 2018. he was facing trial until his to medical escape from japan about six weeks ago. we finish with boeing. it failed to sell any commercial planes in january. that extends a slump that joined the company's finances since two fatal crashes last month the, second with no orders of its best-selling max jet. deliveries also plunging. boeing sold only 13 points in january, don from 46 a year r.rlie francine: how do you turn a failing enterprise into a successful one. my next guest is in chief executive of a billion-dollar firm.ting he has advised a host of corporate clients on dealing with descriptions and a number of other challenges. he is simon freakley, chief executive of alixpartners. thank you for joining us. simon: thank you for having me. francine: you have a company tha

carlos ghosn has hired a top agent to handle any inquiries.ll evaluate any proposals, nothing confirmed yet. he is the founder of creative artists agency and a former president of walt disney. global news 24 hours a day, on air and @quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. let's take a look at how markets are faring, given that we did have u.s. stocks ignoring concerns over coronavirus and hitting a record high. upside .6% in australia. aussie dollar holding steady, earlier trading at the lowest since 2009. new zealand, we are getting some positivity on the equities front going into the rbnz meeting on wednesday, expected to keep rates at the record low 1%. there is speculation the governor may signal he is ready to cut again later on this year because of the ongoing and expensive impact of the coronavirus affecting commodities trading in new zealand as well as services and tourism with growth forecasts expected to be cut. kiwi dollar pretty flat at the moment at

nissan has been badly shaken by the scandal surrounding former boss carlos ghosn, and by a slump in salests most—prized asset. universal is the world's biggest music label — its global stars include taylor swift, drake and lady gaga. and another topical story from us. sales of engagement rings are up, not unexpected you might say, but you might be surprised to hear that poundland claim to have sold 40,000 of them. twice as many as last year. they are called "bling rings" and "man bands" and cost a pound. they are meant to be used as "placeholders" for proper rings, says poundland. that is all the business news, apart from a quick look at the markets. we see a slight rise from the ftse 100 see a slight rise from the ftse100 index, and we were going to show you rbs shares which are down, but we haven't managed to enter that into the market data board. we will do that next hour. a group of british business people helped the italian mafia make millions of pounds through fraud. that's according to an ex—mafia boss who's spoken exclusively from prison to the bbc. gennaro panzuto is a state witn

nissan is seeking 91 million dollars from a former chairman carlos ghosn an fought a lawsuit for allegeconduct warn it expects amount to increase in the future. ghosn fled from japan to lebanon in december and he denies any wrong doings. a federal judge dismissed some charges against sarah and elizabeth oklahoma city but let's stand wire fraud charges a accusing her and associate of misleading patients about the abilities of her company's blood test. the court ruled that since the test were paid by their medical insurance companies the patients were deprive of money or property in taking the blood testing services. tracee. well jesse smollett is facing new legal troubles prosecutors hit the actor with a new round of charges allegedly making a claim for hate crime. this comes after similar charge were dropped. so what prosecutors actually followed through here to talk about about this and more is criminal defense attorney david know good morning, david. >> good morning. so these charges essential wily very similar to the charges that were dropped last year. we do have this indictment of

comes to electric vehicle sales has been off over the last ten years and i remember interviewing carlos ghosn% of our sales worldwide will be electric vehicles by 2020. nissan is nowhere close to that now. he made that prediction back in 2015, 2016 when i had dinner with him. >> and it's not just electric vehicles either. we had this conversation longer term out over the horizon and it's self-driving cars we know elon musk has been touting aggressively the idea of robo taxis and the like. we had adam jonas from morgan stanley on yesterday and he said it. >> anybody who has done any extensive work in this area, they will tell you we're nowhere close to seeing truly self-driving cars. and i don't mean a vehicle you can take your hands off the steering wheel when you're on a highway or for a short period of time that's not truly a self-driving car. a vehicle where you can see i'm at the stock exchange. pick me up and take me over to engle cliffs that's not coming for a long time the technology has to go really, really far it's complex. >> there's a scarce of individual companies if you have the

japanese car maker nissan has filed a civil lawsuit against its former chairman carlos ghosn the suitga mobile world congress in barcelona will still go ahead. even though a number of tech firms say they are also withdrawing from the event, over concerns about the coronavirus covid—19. there are ususally100,000 delegates at the congress every year with more than 6,000 from china we have had an update on that in the past few moments. a source has told them that the conference organisers gsma leaning towards cancelling, we will see whether this will go ahead are not aware that it will indeed be cancelled and the next couple of hours, they are having a board meeting, but so many major tech firms have pulled out, this book, intel, ericsson, lg, so it really makes you think, is it worth it going ahead? but it is absolutely key for barcelona, 100,000 delegates, so many businesses will lose out if this does not go ahead. we are talking about google because it is appealing a huge fine leveraged against it by the european commission. 0nto google because it‘s appealing a huge fine imposed by th

they have been dogged by instability since the arrest of carlos ghosn.l candidates for chief executive after the longtime ceo revealed he has plans to step down. ubs is the latest european bank to consider changes at the top in an industry beset by sluggish growth. last year they cut -- last month they cut their targets. shery: tesla is selling stock as it takes advantage of surging stocks very raising capital makes sense. they say the proceeds will be used to fund as much as $3.5 billion in spending. tesla shares closed 4% higher, shrugging off another probe into the company's financing arrangement. coming up on the next hour, our markets analyst joins us to talk about his look on the coronavirus and other risks. this is bloomberg. ♪ haidi: asia's major markets are just open for trade. shery: i am shery ahn. i'll come to "bloomberg markets: asia." -- welcome to "bloomberg markets: asia." haidi: our top stories this friday, the white house raises doubts over china's virus data as hubei province reports almost 5000 new cases and another 116 deaths. alibab

. >>> next one, former nissan chief carlos ghosn is looking at a film or tv deal. from japan. it is crying out to be told on the big screen or the small screen or both. he is apparently hired a michael ovitz, founder creator of artist agency a big agency in hollywood. ovitz is a former president of disney. here is a guy who reportedly hired a former u.s. army beret to help with the escape plan. he got out what we believe a case of some music equipment. i mean, the story is too good. not to be told by hollywood. by the way, when he escaped, he forfeited his 14 million-dollar bail. the estimates are he could have paid up to 15 million for this plan to take place. so he is down 29 million. so the idea of getting a lucrative deal for his life story is probably a smart financial move as well. stuart: who plays carlos ghosn? ashley: that's a good question. stuart: i have no idea. no idea. any ideas? ashley: someone who can fit in a case. tom cruise. stuart: fit in a music case. that was great. tom cruise would be great. all right. >>> i have a new study. it shows small b

robinhood. [ fast-paced drumming ] stuart: nissan has filed a lawsuit against its former chair, carlos ghosnion in damages. carlos is looking for a movie deal. i think you knew that. >>> valentine's day friday, of course. here's a number for you. according to the national retail federation, of course, they are playing up their own book here, $5.8 billion worth of jewels will be sold for valentine's day, up 21%. given by 21% of shoppers. not sure what that means, either. joining us, debbie azar, the president of the gemological science international, one of the largest gemological organizations in the world. morning, debbie. >> good morning. stuart: you have a lot of diamonds here. i want to start with something else. >> sure. stuart: lab-grown diamonds. they are big, aren't they? >> they are. lab-grown diamonds are definitely an option. stuart: is it legitimate to give a lab-grown diamond for valentine's day? >> it is. diamonds and jewelry make the best gifts. they are memorable, they are sentimental. you know, natural diamonds are a billion-year-old promise of love and commitment. all the t

they will field questions, i am sure, on carlos ghosn. you rest on a leesa hybrid mattress, bedtime is no longer simply the time you go to sleep. it's time to switch off and catch up. enjoy me time, and we time. 40 winks or 8 hours solid. the leesa hybrid mattress combines two technologies to give you deeper rest and rejuvenation. 1,000 pocket springs provide edge to edge support, responsiveness and comfort, while premium foams relieve pressure. keep you comfortably cool and limit motion transfer. leesa's hybrid mattress is not only recommended by experts, experts choose to sleep on it too. try it yourself in any west elm store. or order online and we'll ship it to your door so you can try it risk free. the leesa hybrid is american made. built to last. and, because everyone needs a place to rest, we donate tens of thousands of mattresses to those in need. experience the leesa hybrid mattress. right now, it's on sale. order today. go to leesa.com. francine: this is bloomberg "surveillance." renault is slashing its dividend and posting its

carlos ghosn going hollywood. the former nissan chairman has hired legendary agent michael obit.ate his movie and tv deals. that is your bloomberg business flash. that that is the story keeps us giving us so much entertainment. we are covering wall street. unicredit negative on negative rates. the ceo says bank profitability would be hurt if this continues. the u.k.'s largest fund plans to hedge fund holdings after high fees and climate changes, s&p morgan, nonprofit group is calling for the ousting of lee reymin from the board, saying he compromised the profitability. unionsre talking to the about 6000 job because for unicredit. they were blaming negative rates. think this is the case. we think rates will normalize. so, it is him and everybody else. battalion and swiss banks are complaining about this. german banks are complaining about this. the job cuts are boating well in advance. this is coming from a bank where people have started to really like the job-cutting plan. , they can bes derailed. the country has to be ok with the job cuts. >> there are job because that are in is

to recoverbeen able from the carlos ghosn scandal, what one analyst is saying. first loss in over a decade. it will not pay a year-end dividend, and sees full-year operating income at 85 billion yen, almost half the 150 billion yen it forecast previously. cutting the payout to shareholders, cutting its forecast for the full fiscal year. weakan itself citing a performance and the industry slowdown for the cut to outlook. it will be interesting to see what the company has to say onthe effects of the coronavirus as well. we know it has had to shut down some plants, some production, due to the spread of the virus. let's take a look at what's going on in the individual stocks moving around, the stoxx index. we can see almost 500 losers rning and about 100 gainers. novartis, roche adding the most points, two of the biggest stocks on the stoxx 600. we don't see any of the big earnings numbers, any of the big earnings companies her the move to the upside. on the move to the downside, we see nestle, right there at the top. you also see bp and royal dutch shell. they have

reporter: it has been a very ltfficult year for renau since the arrest of carlos ghosn, and the coronavirus is not making things any easier. you heard the ceo talking about some planned closures in south korea, and the supply chain could be disrupted as far as europe. we could see possible closer in renaud factories in france, and in europe as well. that is just one of the hurdles facing renault for 2020. they are also facing new regulations on emissions, and their partner nissan is also having a very difficult time. so the ceo announced this morning a new cost-cutting plan of 2 billion euros. exclude any plant closures, even in france, where it is a difficult, sensitive subject politically. she's going to give details on these plans in may, two months before the arrival of the new in july. if they want to do more cost-cutting, she says we will do more. alix: thank you so much. now we focus on trade. the u.s. and china phase i trade deal goes into effect today. for more on what is ahead, shawn donnan, bloomberg trade reporter. it is all good you get the headline today, but where does it go

nissan isn't done going after former chairman carlos ghosn.apan to try to recover monetary damages he infected on the company. mr. ghosn was arrested in 2016 on charges of financial wrongdoing. at the end of december, he made a dramatic escape to lebanon. blackrock announced last month that it would put climate change at the heart of its strategy. that pledge already paying off. a blackrock sustainable etf has attracted more than $300 million it only started trading on friday. that is the best debut for any u.s. etf this year. that is your bloomberg business flash. romaine: still with us here around the desk, paul brain of newton investment management, and brooke sutherland of bloomberg opinion. we have seen a lot of money flowing into these esg investments. brooke: i would love to get your thoughts on this, paul. esg?really counts as do you have to make sacrifices on that front to ensure liquidity? paul: certainly, we do have to be an active investor when it comes to choosing companies, and also countries, with good esg scores. we think it is

i think the headlines and how they described it is a little by skewed >> coming up, carlos ghosn facingion including civil suit on the company he used to run and why the judge is throwing out charges against theranos founder izeth holmes more after the break through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from using feedback to innovate... to introducing products faster... to managing website inventory... and network bandwidth. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. we're changing what's possible every single day. and if you run a business, that means a lot. we create financing options for your customers. to help them get the things they love instantly. our data provides insights into what your shoppers have already bought. so you can offer them what they might consider buying next. our technology and financial solutions are changing what's possible in all sorts of ways. so, how can we change what's possible for you? welcome back to "squawk box. take a look at

carlos ghosn facing increased scrutiny from france over alleged misuse of funds.n. it includes millions of dollars of payments to a car dealership in ow oman. ghosn continues to deny any wrong-doing. more fallout for the peloton and fly wheel legal fight. fly wheel admits it illegally il copied the spin bike company and will shut down online class as of march 1st. fly wheel at home customers will be able to get peloton bikes by the way. you can go to fly wheel, the actual classes, in person. finally, this. barbie collaborating to create a new line of barbie dolls. they're celebrating black history month. here's some pictures. the dolls will showcase a variety of skin tones, sizes, styles, pretty neat. terini said it was important to reflect barbie as an icon through the lens of the black culture during black history month. she drew inspiration from the first black barbie which debuted in 1980 and these barbies -- she's doing snake skin help pars awesome. love. maria: we have breaking news in a market that will open lower so far. morgan stanley aa choiring e-trade

we do note nissan has been troubled recently with the ou of carlos ghosn.uarters of declines. we are seeing nissan saying it is considering lowering full-year forecasts. they have also been affected by the corona boris -- coronavirus outbreak. let's get a check of the broader markets with japan and south korea coming online. >> it is a big day for earnings. we have roughly 100 companies across the asia-pacific region that will be reporting alongside what we just heard from nissan. we will see what companies have to say about the coronavirus. a relatively muted start to the day. nikkei relatively flat, within 1% of pre-coronavirus levels. within its 50 day moving average, staying near the technical level. you do see the yen moving higher today. .his after seven days of losses we will see if that is safety bet it does return. we see a slight bond rally, sending yields lower by one basis point. south korea does come online. it is a bit more optimistic. moving higher by roughly a third of a percent. in australia, stocks moving higher, getting closer to new reco