gooddeed, 2019 has been for roche.h has been entirely driven by demand for our new medicines, medicines which we bring to many important areas such as multiple sclerosis, hemophilia, cancer, of course. we expect that dynamic to continue into 2020. however, there will also be an impact as bio similars into the u.s. market. wasoverall impact in 2019 1.5 billion swiss francs, which was more than compensated by the demand of new medicines. we expect the impact in 2020 to 4 billion swiss francs, so markedly higher. thanksll, we do believe, to the good dynamic, we will again overcompensate and continue to grow. matt: i've got to ask you about the coronavirus. i know it is very early days, but what can you tell us about how this virus compares with what, ifh mers, and anything, does roche have in its pipeline to deal with something like this? aswe at roche have come out the first company with a diagnosis, a test for the coronavirus, which we made very quickly available to health institutions around the world. in particular al

hundreds evacuate and roche's firm is focused on getting testing gear to the areas. >> we are impacted like any other company. our focus is to bring the necessary diagnostic platforms and tests to the point of care >> decline in oil and gas hit shell. net income drops the most in more than three years. the ceo says he's bracing toer a tough 2020 >> if you look at investment positions we took in 2019, on average, they had a break even braes of le price of less than $30 >>> deutsche bank with a loss. d dramatic restructuring dents the bottom lines >> it was a combination of things client engagement and overall environment and some of the overhang of brexit and others dissipating. >>> unilever fourth quarter sales still manages to beat expectations ceo says the consumer group has so far seen no impact from the coronavirus outbreak >> i think we'll have to wait for february when people come back from holiday to see a return to sales and impact on our business and also to see what trajectory the disease takes. >>> the death toll from the coronavirus outbreak has risen to 170 with the number

we have roche just hitting the tape.e are trying to assess the impact of a lot of companies of the spread of coronavirus. they miss for novartis. beatate, 19.96, that is a and that is the red headline. more details, cory ps targeted to grow broadly in line with sales. details on specific drug. manus: there is more breaking lines coming through, this time from nomura. quite a big beat for them in terms of net income in the third quarter. in -- aversus a loss loss of 92.2 8 billion a year ago. that is a pretty stellar turnaround in the numbers of course, we are waiting for guidance. that is the big theme. 70,000 jobs europe, went across banking renumeration being slashed at deutsche bank as soon as we get those number we will bring that to you. i know that you have some more lines on roche coming through. quarter sales coming in at 1.2 4 billion swiss francs, estimate 1.5. that is a little bit of a mess. sales, 1.61er billion swiss francs. again, that coming in a little soft. sales overall expected to grow mid-single digit

i am here with roche pharmaceuticals ceo bill anderson.k it off with some of the recent acquisitions you have made. how are the early days of the acquisition going? bill: we are really excited for the opportunity to partner with spark. they bring world leading expertise in gene therapy. we have depth in many therapeutic areas, and we hope this partnership can be an opportunity for us to bring really important therapies, even cures, to patients with many rare diseases. very exciting. they have great people, and so far the discussions are going really well. taylor: what ended up being the hold up for the ftc? what did you have to do to make sure that deal got done? bill: we just provided the clear evidence of what we planned to do in advancing therapies for patients, and i am really pleased that the regulators have approved it and we are moving on. taylor: you also acquired rights to another gene therapy for almost $3 billion. what do you see as the realistic goals and milestones for that? bill: the real key is showing a clear clinical benef

another part is roche has a brought portfolio of oncology therapies. we are working with them so the tests we sell to the market as well also help customers choose the oncology therapies that roche provides there's two parts to the partnership. we think it will help to move the market forward. >> >> you had made a agreement to buy a smaller competitor. after an ftc challenge, you moved to abandon the deal. what do you believe precipitated that challenge they are in a part of the market -- we're in the short-read sequencing market, and they play in the long-read sequence sequencing market we are very good at driving the cost of sequencing down we saw a real opportunity to get involved with their portfolio, drive it in the long-read market and accelerate that market that's what precipitated us talking to them. ultimately the ftc did not give approval we obviously disagree with that, with that assessment, but now we're looking at alternatives. >> we'll lack forward. francis, thank you >>> a lot more coming up from the conference including,s in next hour w

no roche toward 580 and the rest of the tri-valley which does move smoothly. following the police activity off of airway and aside from that a calm drive everywhere. good stuff. >> which is good. it is nice to be calm and cruise into the weekend. >>> let's talk about the weekend. we're almost there. we're making it. and our weather will start to clear out. but we will start to see more clouds moving in by saturday. and the rain won't be far behind. so enjoy your day outside on saturday as our temperatures warm up. inland into the low 60s. the bay will reach 60 and the coast up to about 57. on sunday, that is when the showers will be falling off and on throughout the day. and we'll see our temperatures coming down a couple of degrees in a few spots but overall it will stay fairly mild. if you're planning to go out to the oakland a's fan fest on saturday at jack london square, expect a lot of clouds and temperatures in the low 50s. warming up into the upper 50s as we go into the afternoon. we're also celebrating the chinese new year and we're also have the festi

your doable little rock knew you had him and this verse roche. says that the girl taught her. faith food and music he. is able to make sure that the enemy becomes angry so that's why they're angry and what i did see. there i see your heart they're angry they're nervous because of the success is a fast followers than a saw in a sense service and military as you know you know that they're never us they're angry with us all these atlanta semester but we have hot. what was what. you thank you very much and that you fast as you saw this slogan of saying god is great shows that you're tired now of at it at it was. all of you will of. god of. the of. you she said no to that saw god willing your voice will be here but. that none of your steps will be strong. on man when i might think god will bless our martyrs he surely money rush our martyrs jesus muslim money more time at the end of that company and will show you carol whether you know those who are iraqis were or those who are iranians i met when i would bless you can sign you may god bless them and i got bless and forgive those pe

roche's liberation of auschwitz well i think of course israel has always used all kinds of arguments to justify the many of its crimes against the palestinian people including including it's illegal occupation of the west bank or gaza or of the syrian golan heights or even parts of southern lebanon historically and it use the history of the oppression of jews in europe often historically and as adults today to justify many of its crimes and i think if anyone who's a projected steps to be taken i think in the next few days only occasion a holocaust memorial day to attack and sanction the international criminal court for daring to investigate israel's war crimes a decision the i.c.c. made in the summer to use this occasion to actually rally support for israel to condemn and sanction the i.c.c. for daring to question israeli war crimes that it has decided to investigate i think makes the forests of this horrifying tragedy that is being commemorated this year so however this is hardly new for the israelis my understanding also from the israeli press is that anyone who is seeking to impos

roche's wildfires and decades robert swades of the south east of least $25.00 people are not known to have died thousands to abandon their homes and be relocated there's been a brief respite from the record breaking heat wave but emergency services are braced for hostages conditions to return in a few days. well i'm greedy australians are directing their fury of prime minister scott morrison over his handling of the crisis on for suggesting there's no direct link between the fires and climate change the spike many seeing it as a root cause of the unprecedented destruction. that's become hard of the process and so the longer the rival lepping between starts this is driven by climate chimes scientific brain very clear that the 10 or 20 years now that climate change is leading to more frequent and more severe bush and trout and hate why we're already seeing catastrophic impacts you could imagine how much worse it will be if we allow the planet to continue to warm if we allow the continent of australia to continue to dry out this is just a taste of what's to come if we don't act there's n

so this is the final chapter at the end of the roche a 47 year political experiment we use our for europe we just hate the european union it's as simple as that well nigel for raj is well he tends to be loved and loathed in equal measure depending on who you speak to he certainly wasn't going to let his final address to the european parliament as leader of the breaks that party the house that he's he sat in for a number of years as an m.e.p. he wasn't going to let that go by without making a bit of a scene there you want to go national through what we're going to wave goodbye i will look forward in the future so working with you please sit down resume your seats put your flags away you're leaving and take them with you if you are leaving now and i well just last week david star sorely who's the president of the european parliament had ruled that flags inside the chamber were going to be hit and he said they fell foul of current laws that already existed banning banas in the chamber as well nigel frosh at the time he said well this just goes to show that the european parliament the europea

alain roche performs while suspended mid—air with his piano.above the construction site of munich‘s new concert house. here's what the had to say after the concert. translation: why did we do it here? because it is a very allegorical symbol, as we are on the building site of the concert house. therefore it was the very first concert of the future concert house. for me it was a very important to generate notes that i hope will resonate on the walls of the future concert house later. injapan 300 people armed with torches set fire to the slopes of mount wakakusa as part of an annual festival. the wa ka kusa yamayaki festival in nara city originated from a boundary dispute between two temples which ended in the hill being set alight. it's also believed the burning began as a way to encourage new growth for plant life. a reminder of our top story. scientists have warned that it may be impossible to contain within china the spread of a coronavirus which has killed more than a0 people. the london—based mrc centre for global infectious diseases say tha

that s where my guest — simone roche — comes in. — a uk campaigning group that works with companies to help promote gender balance in business. lovely to see you. i was reading a manchester conference two years ago, three years ago, on the importance of business and lack of discrimination, had i think one in nine women speaking and the rest we re nine women speaking and the rest were men. has that changed? yes. it is one in12, were men. has that changed? yes. it is one in 12, less than that, and there was no representation from the disability community and and nobody from the bame community. it was poon from the bame community. it was poor. i went on the radio at the time to say, come this way, we have grown a massive community of role models and advocates for gender equality from all genders. we will help put them on the stage and that's what we want to do, give a voice. is this a particularly northern think? absolutely not. just five years ago i decided, having worked around gender equality in london and westminster and being a ch

in terms of gainers leading the increase in the index, asml, novartis, roche adding the most.he biggest weights on the stoxx 600. 1.5%.p yesterday they were down about the same, so that stock a little volatile lately. consumer stocks, both staples and discretionary, on the upside as well. lvmh rising as well as nestle. glaxosmithkline and astrazeneca on the downside with british petroleum, a big stock that helps to balance out the stoxx 600. other losers, bhp, anglo-american. metal stocksg, are down today. european markets are higher in general, as investors reassess concerns about further deterioration in the security situation in the middle east. joining us is the european head of global markets research at mufg. what's your take on how we should be pricing in the u.s.-iran situation right now? all eyes on, i't is what kind of retaliation could take place, but our assumption is we will not get a kind of major escalation. my colleagues based in the middle east feel iran has quite a lot of respect for the u.s.'s military might, and therefore would be quite conscious in terms o

we'll ask the ceo of the pharmaceutical company roche when we speak to him. an incredible conversation. much more ahead. this is bloomberg. ♪ jaguarking news from land rover. the ceo is going to be retiring at the end of his term. he has been in his current position for 10 years. it has been a long tenure. it will be inducing to see with the investor reaction is going to be in the coming hours. be it is interesting. simone, what is on your radar. good morning. simone: good morning. i'm looking at lebanon, because prices of 2020 and 2021 debt have fallen to record lows -- as their debt crisis seems to spiral or all of control. the 2020 debt in the white. the 2021 debt in the blue. that fell below 50 cents on the dollar for the first time. this is happening as the lebanese cabinet is meeting to try to determine whether or not it should actually pay off that debt in the white due march 9. it's a $1.2 billion euro bond. and lebanon has the money to do that. the thinking goes if the country is going to default anyway, why throw good money after bad, particular whe

this is burkina faso president roch marc christian kabore. >> 2019 a difficult year for the sahel chad region. human and material destruction that we are suffering and the unprecedented humanitarian crisis we are experiencing in this zone. amy: in papakistan, at least 55 people have died after avalanches swept through pakistan-controlled kashmir in recent days. about a dozen more residents are missing. 2019 was the h hottest year for the world's eaeans orecocord th''accocordg to a aew study publishein the jrnal "advances in atmosphic scncnces." the e rth's surface temperuree also recorded s s seco-hottete year on record last ye, asas t climatcrisisis leads to the waing of t earth's ocea and atsphere. torney geral wilam barrs dending ape unlockhe phones othe alled gunmanf a li shootg at theaval air statioin pensala, flora. eslating tsions beeen the justicdepartme and app in legal bale overersonal privac la monthaudi air force killedhree sairs and wound othe on the se. saudi mitary cats who were traing in t u.s. ar now ing expeed from e untrynd sent bk to sau arab aftnoon invtigation lau

. >> reporter: paul roche runs the colfax market and is concerned about public safety power shut off.so much products. power was out for five or six days. >> reporter: building up colfax with more generators as part of the plan. like many communities in the area, colfax is trying to be proactive to make sure the next wildfire doesn't happen here. >> two state lawmakers introduced legislation today to prevent wildfires and power outage in california. republican james gallagher and jim nielsen represent the area devastated by the camp fire in 2018. there legislation would provide hundreds of millions of dollars in additional funding to improve education management and utility infrastructure. lawmakers say those are the two main factors on catastrophic wildfires and plan shut off. >>> in san francisco judge terry l.jackson became the first black woman appointed to the states first district court of appeals. commission on judicial appointments voted unanimously to approve her today. she is currently an adjunct law professor at uc hastings and the usf school of law. as just another first f

authorities found a stack of over $5,000 cash hidden in his truck roche has now been released from jail and is due back in court next month. >>the city of santa clara is warning people who live there to be on the lookout for fake utility workers officials say if somebody comes to your door impersonating a silicon valley power employee. that's the power they have in santa clara. and they request payment in the field do not give it to them and call the number on your screen city employees we'll never ask for payment in the field by cash checked prepaid gift card or credit card. 12 former students of a man convicted of sexually abusing them when he was their teacher. >>at making waves academy in richmond will now receive nearly million to settle a lawsuit against the school. ronald can is serving a 931 year sentence after being convicted of molesting 15 boys, he worked at the charter school from 2011 to 2013, and ran a youth program that police say he used in order to pick out his victims. the boys then sued the school alleging officials should have known that can was dangerous. milpitas p

and now a roche in oakland. things are clearing at 23rd.e see this shot from the coliseum starting to move better. top of the screen is hyde street where things are still jammed up. >>> well, what are we doing this weekend? >> watching the game. >> that is right. >> a lot of people may be heading to tahoe. >> because it will be a long holiday weekend if you are off on monday, heads up there still may be light snow coming down but all of the roads are open. here is video as the storm moved through yesterday. we were expecting up to about two feet of snow. and the heads up if you are plan on going skiing, there is an avalanche warning in effect for the back country. so make sure you check in with officials before you head out skiing or doing sh of the snow activities. as we check out our forecast for the weekend, maybe we kick off with the heavenly forecast with snow moving out. temperatures reach the upper 30s and then we'll see it warming up through the weekend with upper 40s tomorrow with a few clouds rolling by. and then for tonight, ther

-iranian rep roche month there. rapprochement there. the state department is talking to nato to have a bigger role. i am not a military expert so i don't know if that would be feasible common ground where perhaps the u.s. leads are delegates some of its role to nato in iraq. regionally, i think if we see withregional negotiations gulf countries, that would be mostly i think reflected in yemen. the saudi's are already talking housi's. even the housi response to the soleimani killing was more timid. they didn't promise retaliation. >> did you want to say something? pleased towas very hear your comments about diplomacy. my comment would be, i was the u.s. ambassador in oma whenn we ,egan the effort to engage iran the first part of that diplomatic engagement. there were a number of factors for two it is that ultimately lead to success. it happened we had a situation with some americans being held in iran. they were innocent americans who had been taken in iraq. that,ffort to resolve which was ultimately successful, led to an opening of a di

roche adding points to the index. on the downside, lloyd's, siemens, mondi falling this morning.ual news making a difference in terms of what is taking points away. peter oswald will step down as group ceo of mondi., the companies taking points away from the stoxx 600. anna: and in terms of aviation, in focus after we got the update from ryanair. we don't have an opening price on ryanair yet, but we have an opening price on easyjet. up 5.6%, the biggest gaining stock on the stoxx 600 this morning. back to the big picture around markets, opening higher after a volatile week for european stocks, the biggest outflow in 20 weeks according to bank of america. investment-grade bond funds saw record inflows, so clearly the risk-off mood we saw earlier in the week writ large there. rate talk to john, head of strategy at ubs, joining us on set. let's talk about the week that was. are we back to where we started this week, in a number of asset classes that reflected your lyrical tensions? could we put geopolitical tensions to one side for the moment and focus on the underlying economics? j

and after about 40 years and roche were being built, this is right outside of washington, d.c. the government took over the property for health and safety reasons, and all of a sudden this memorial is now in government property. the government didn't want to disturb a veterans memorial so they didn't. then you go decades later, the american humanist association comes along and says hey, there is a large cross on government property. this violates the establishment clause and the filed a lawsuit. in district court, we by the way, our client is the american legion. we had this case at the supreme court. in the district court we won. they said this is a violation of the establishment clause. the establishment clause is there cannot have a national church established and as to be forced to contribute to prevent gifts that he veterans memorial has to be torn down because it's in the shape of a cross is something our founders would find bizarre, i think. we made this argument. we want at the district court. at the court of appeals we got a different court. three-judge panel ruled tha

roche are gaining, as well. that is boosting the stoxx 600, putting points on the index.t the losing side of the ledger, you can see the oil companies right there as the price of the underlying commodity comes down. bp right up there at the top in terms of taking the most points away from the stoxx 600. european markets are opening higher. anna: indeed, european markets opening higher. to bes. and iran appeared stepping back from a deeper military conflict. joining us to discuss is rebecca sedgwick. good morning to you. we have seen global equity markets jumping in what seems to be a more constructive tone coming through from the president and weighing up the actions so far from iran and deciding they have an appetite to buy. is that a good strategy so far? >> it is interesting because we are back to where we were at the end of last year. digit looking for small growth. one thing is out of the way. we should still remember everything is still uncertain and other things are rumbling around in the background. all is not clear. >> what are your biggest concerns? is iran your

health-care stocks, gaining because some of them are very heavy like roche and novartis.d goods, also gaining as well as retail, so you are seeing food and a beverage, consumer staples basically up also very heavy like nestle. on the downside, automakers and parts makers as well as insurance and banks. financials in terms of banks are falling, as well, today as we get the raft of earnings out of the u.s. and news of job cuts here in europe, speaking specifically about ubs. that is your sector breakdown. anna: let's return to global things and u.k. politics. britain has beaten the u.s. and china to become the world's fastest-growing tech hub. than $13 pumped more billion into startups last year, one third of all european tech investment according to a government release. the secretary of state for digital culture and media and conservative member of the house of lords joins us in london. good to see you and thanks for joining us. and go talk about tech on to other things that are newsworthy right now from a u.k. political perspective. the tech news, creating a lot of unico