business news now with stephen carroll. u are starting at the consumer electronic show in las vegas and a promise to fit -- a fix the smartphone security. stephen: keynote speech promise processor chips with security flaws revealed last week. he said there is still no evidence any data has been stolen. we have the story. seeking to reassure intel ceo kicked off the keynote speech following security is job one for the company. intel is grambling to recover after researchers revealed serious security -- scrambling to recover after researchers revealed serious security issues with chips. have notnow, we received any information that these exploits have been it used to obtain customer data. we are working tirelessly on these issues to ensure it stays that way. >> the flaws affect nearly all modern smartphones and computers. 90% of intel's processors made in the last five years would be patched within a week. there was a warning, the software being released will slow down machines, some by up to 30%. >> we bebelieve the performan

time for our business news with stephen carroll. you're going to start with a massive order for french plane maker airbus in china. order french president's aircraft will be finalized. an annual macron said he hoped the deal would be done in the coming weeks or months to sell the larger a 350 and a 380 planes. there hasn't been a value put on this order but it would be worth morefinalized. an annual macron said he hoped the than $18 billion. airbus has so far refused to comment on the potential deal. genie: you've got a positive milestone for the global economy. >> the world access global growth has returned to levels last seen before the financial crisis. in its economic outlook for this year the bank expects a growth but it's also warning that global growth is peaking because of low productivity, we can and aging populations. -- weak investment and aging populations. debbie ti crude now trading for over 6350 a barrel. the price of oil has been climbing in recent months next ongoing production cuts by the opecdebbie ti crude crude

time for our business news with stephen carroll. you are going to start witith bitcoin which is tumbling in price again today. >> we have some people calling cryptopocalypse. south korea announced plans last week to ban trading in the currency and on top of that reports that chinese authorities are cracking down as well. after the rise of around 1400% last year to close to $20,000 per bitcoin in december the currency has fallen to half of that value. it is trading around the same level it was in early december. todayn is down almost 10% now just over $10,000 each. the controversial demise of a coal-fired power plant. >> a spanish energy giant is trying to close the last two: power plants it has as part of a moved to cleaner energy. closures are facing opposition from the spanish government. julia kim has the story. the days of coal powered energy are numbered. the spanish electricity giant has already started dismantling this coal power station in the northeastern village. the plants 80 employees will be transferred to the renewable