Surveillance. Quite a lot going on with your markets. Lets have a look at what they are doing and some data out of the euro area. Services pmi are coming in short of the expectations. Preliminary figures were 28. 4. Services pmi are at 26. 4. Important jobs data will give us a clue as to the scale of damage to the worlds biggest economy as the damage spreads arid the dollar is actually edging higher. Fluctuating following the jump yesterday. Investors are weighing the assertion that saudi arabia would cut production. Lets get straight to bloomberg news. Coronavirus infections have topped one million, reaching a milestone just four months after it surfaced in china. Deaths are accelerating in europe but new infections are starting to slow in both spain and france arid france. Officials say it is too early to relax restrictions. In the United States, the Unemployment Rate could rise 15 these comments come after 10 million americans lost their jobs over the past two weeks. Yesterdays jobless claims far exceeded estimates. Over 2. 6 million americans applied for on employment just last week. Mike pence says over 100,000 american are being tested every day. Thats at the government ramped up its response to the outbreak he says the government will rebound strongly due to the coronavirus pandemic. Familiest to see their , see their businesses, and see their communities through the course of the coronavirus. Chinaonavirus testing in finds more in a more a symptom at cases. Four out of five people who were tested showed no obvious signs of covid19. It did not say how many developed symptoms, presymptomatic transition poses an increasing problem to stemming the outbreak. We end with the u. K. Health secretary pledging to ramp up coronavirus testing by the end of april. Its a massive increase to current capacity is still far short of the daily targets promised by the prime minister. Described testing as Mission Critical to get through the pandemic. Global news, 24 hours a day on air, on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Francine . Francine thank you so much, viviana. Spiked asacebook has communities around the globe are trapped at home. Messaging and voice calls have jumped more than 50 and the live feature has seen viewership search. The company has also built products to help businesses affected by the pandemic. Im delighted to be joined by the Vice President at facebook for em ea. Thank you so much for giving us a little bit of your busy schedule. I know facebook has pledged quite a lot to help Smaller Companies out there, giving hundreds of millions to help Small Businesses. Is that because the government is not doing enough or you are just reaching a different graphic demographic . Good to talk to you again. I look forward to the day when we can do it person. We work with Small Businesses all over the world. Its tough for everybody at the moment. We think this is a situation where its not just going to be one government or company, but it will take all of us to get through this. Thats why we have made the announcement will give out millions in grants to businesses around the world. Yesterday, we made further what theents about criteria will be. We have been focusing on Small Businesses that have between two and 50 people that have been in business for at least a year. We will be doing this in the u. S. Through a thirdparty and we will be sharing how we do that internationally as well. How much of the focus is on reaching the right communities . Im sorry, im not hearing you very well. Francine will try again. I dont know how you are going to reach people. Can you hear me . Go again. Youcine i was going to ask about how you reach communities. Our people using facebook to try and find information about how they can get paid . I think when you are asking is how we are using our reach to get information out to people. Is that correct . Francine yes. We are doing a number of things. People abreast of how we can play our part that is very important to us. One thing we have done is create a Coronavirus Information Center at the top of peoples newsfeeds and that is giving people updates about what local Health Authorities are saying at the advice they are giving. Since the buyer started in the crisis emerged, we have directed over a billion people to these resources. Thats not the only thing. We have encourage people to stay at home through a stayathome sticker weve had on instagram, has hadthe first week over 100 Million People put onto their feet as well feed as well. So we are alert work we are working with organizations and individuals like the dhs, which is helping to aleve pressure on the resources of the nhs by putting out answers to a lot of the frequently asked and commonly asked questions. Roll services to like that out in other countries around the world. How will facebook monetize the boost in use of facebook, messenger, and whatsapp . We have seen a big spike in a lot of our services. Messaging, video calling. In companies that are hardest hit, we have seen messaging increase by up to 50 . In italy, a 70 increase. Of these are not areas where we monetize. We dont monetize a lot of those services. So our business will be taking a hit as well, but our focus is around doing things we can that can help more businesses scale. Talking to Small Businesses around the world to introduce gift cards. U. S. Andd this in the are looking to roll this out internationally. We are introducing a place for people to buy digital gift cards for their Favorite Local restaurants so they can put money in the accounts now and when the crisis is over they can cash them in. Think Small Businesses are saying at the moment is cash is the most important thing, so anyway we can help is something we are committed to doing. Francine how is facebook supporting governments with data on the virus . Have you had conversations with officials on how facebook can sick . People who are we are not showing any data, as you say, theres a lot of interest in the work that we do and through the maps we can create. We can do this is we anonymize data at a macrolevel and then work with researchers around the world. Virus doing that on the so they consent their conclusions back to broader communities. Thats the focus at the moment. Francine earlier this week, facebook removed a post from the president of brazil about misleading information. Does that mean you will fact check everything . I think i heard the question about Fact Checking things from politicians. Was that the question francine question . Francine . Yes. Apologies for the line. We were clear that we will remove content with any false claims who could cause realworld damage. That is regardless of who posted of if itsgardless organic content or and and. An ad. This information is something we are working hard to keep off our platforms. World and around the we are very much in keeping with the science and experts. Youre also working with fact in 45rs around the world different linkages to be accurate. Languages to be accurate. Francine thank you so much for your time. Coming up, more from our interview with mike pence. About theo us Unemployment Rate and how the government is going to help. This is bloomberg. Francine this is bloomberg surveillance. Thes get straight to Bloomberg Business flash in new york city. Teslas First Quarter deliveries fell less than expected. Had over 80,400 vehicles in the last three months, down 20 from its record. But they did beat estimates, analysts expecting an average of 78,000. Tmobile has sold 19 billion of debt to help its acquisition of sprint. Billion inlaced 75 orders for the offering. The companies formally completed their merger on wednesday. Walmart has put a pause on its stake in nasa, instead focusing on running the business amidst unprecedented demand. Fore told is no timetable talks with bidders. Growth sales hit a record in the u. K. In march. Francine mike pence is the economy will strongly rebound from mounting unemployment from the pandemic. She told bloomberg that the spiking jobless claims are no worry. You, david,n tell is because of the partnership we have forged with these vast commercial labs that your listeners know well, we are now testing over 100,000 americans per day. Break, againicant moving with record speed. The fda approved abbott laboratoriespointofcare test. They literally 15 minute test people could have administered at their local doctors office. We are in the process of identifying thousands of Laboratory Machines around the country. We are making sure we are distributing those not just to areas seeing an impact today but we want to distribute those as they make about 50,000 tests a day now. We want to distribute those to areas where we can do when you have implied is the kind of surveillance testing that would allow states that currently dont have significant outbreak to be forewarned and to do the kind of Contact Tracing that would limit exposure and spread of the virus. To last point is an answer to the other part of your question. Every single day the number of cases coming out and where. A have already received briefing of county by county, statebystate analysis. That is informing our coordination with fema and Health Care Distributors around the country about where we are sourcing and focusing everything from personal protective equipment to the supplies are healthcare workers need. Where theusing it outbreaks are and working closely with governors for their continueand we will that around the clock. Talk about personal protective equipment and ventilators. You are monitoring and encouraging. Is there consideration being given to centralizing this allocation . We have heard that states are having to bid against each other for ventilators. Is there a Central Location that . Hould decide where these go signed the President National disaster declaration a few weeks ago, he stood up fema as the lead coordinator about nations response and fema has been working closely through all of its regional administrators to process requests. We are working with distributors and directingntry them where we need that personal equipment to go. We have actually established with the president has called an air bridge. Allill be 51 flights from over the world bringing in supplies for healthcare workers. We are wheels down sunday at jfk and staccato. Chicago. Those flights will continue literally around the clock. David isre doing, taking 90 of those resources and deploying them directly to the point of need where hospital workers are asking for and requesting personal protective equipment. Use theay we can strength of the private sectors Distribution System and the direction of our Logistics Team to meet this moment. And as we track the initial ,utbreak in the seattle area now the epicenter is the Greater New York city area. We are working with distributors to bring the supplies in and increase production here at home and then directing them to where they are needed most. Francine that was mike pence speaking to david weston. Coming up, it is u. S. Jobs day and we are expecting losses for the first time after 113 straight months of gains. We will be speaking to larry kudlow a little later. We also had breaking news out of singapore, moving to fulltime learning for schools. Have 20 more on whats happening in singapore as well. This is bloomberg. Francine this is bloomberg surveillance. Losses ass reversed the russiaverse price work. For more on this is bloombergs Annmarie Hordern. What can President Trump or the u. S. Actually do right now . Good question when he came out with this tweet, the market reacted. Oil,w a massive jump in canned the United States actually join a production deal . We did see the massive spike but the market came back and theres a lot of skepticism. If russia and savvy were to cut that amount of oil, it would be more than 40 . If the u. S. Was to get involved, its a question of if they even could. A thousand producers in the United States and it just does not operate that way. Now we have this Virtual Meeting on monday. The big question is whether or not United States would attend. Clearudis made it very yesterday that they want to call for an urgent meeting but also with other members, notably the United States. Francine Annmarie Hordern they are with the very latest on oil. Coming up we will be speaking to the h m financial officer. The Second Quarter will be negative as the outbreak tenures thats up next, and this is bloomberg. Infections,on governments around the world try to deal with the economic fallout. In the u. S. , its jobs day. Initial numbers show 10 Million People out of work in just two weeks. Some say 10 of workers are filing for unemployment. And an emergency meeting with opecplus having a virtual talk on monday after President Trump calls for massive output cuts from russia and saudi arabia. Afternoon, and evening. Im Francine Lacqua and london. We are getting the u. K. March services pmi coming in at 34. 7, preliminarily at 35. 7. I dont know if we have a contract but i will get that up for you in a few minutes. We have a lot of volatility in the pound. There is a big current account deficit. And we heard from the Current GovernorAndrew Bailey putting a suref money and making that there are small and mediumsize enterprises. Lets get straight to the bloomberg first word news in new york city with Viviana Hurtado. Viviana confirmed coronavirus victims topped one million. This is four months after first surfacing in china. New infections in italy are starting to slow and intensive care admissions have declined in both spain and france. Officials say it is too early to lift restrictions. In the u. S. , unemployment could rise to 15 according to fed president loretta messenger. 10 million americans lost their jobs. More americans applied for unappointed benefits just last week. U. S. Vice president mike pence says thousands are being tested every day as the federal government ramps up the response to the outbreak. He says the economy will rebound strongly from mounting unemployment due to the coronavirus pandemic. We will get to this. We are working closely with governors to make sure that those that are impacted have the family, tosee their seetheir businesses, and wellbeing through the coronavirus. Four out of five people have tested positive show no signs, no obvious signs of covid19. They did not say how many develop symptoms. We are posing transmission is posing an increasing problem. Matt hancock is pledging to ramp up coronavirus testing to 100,000 a day by the end of april. It is a massive increase. The current capacity is just under 13,000. It is far short of the 250,000 a day target promised by the prime minister. Secretary hancock describing testing is missioncritical to get to the pandemic. Will news, 24 hours a day on air and on quick take by bloomberg powered by more than 2700 journalists and analysts in more than 120 countries. Im Viviana Hurtado and this is bloomberg. Francine as countries around the world have got into lockdown, the public has been forced to stay home to curb the spread. Online demand and shopping has dropped. Footfall could last for months. Retailers could see revenue erased almost entirely. Results have been posted. Im anticipating a loss in the Second Quarter because of the coronavirus. 3500 stores and several of the biggest markets include in germany, the u. S. , and thousands of workers. Adam carlton joins us on the phone. I know it is a busy and difficult time. The past 10 minutes, figuring out what the situation is. When do you see this Getting Better and how bad will it be in the meantime . Adam thank you, and good morning. Thank you for having me. Andave just concluded march we will see a drop in retail activity. It is very difficult at this stage to make any clear predictions for how this will evolve. We will do this with his quicker recovery is possible. To me about mark specifically. What happened and how different is it from region to region . Is a truly National Company here. As we disclosed, parts of the world that were affected by the virus are showing slow recovery. Others are in the midst of this uncertainty. Bigger markets. Francine have consumers just stop spending . Adam concluding march, we had a healthy growth. Of 2019. Arch so we see a slight shift of consumer behavior. Useomers are starting to the digital touch points. It is too early to say anything about the overall effects. Safekeeping, they are not recovering for the drop in physical stores. What percentage of your labor force has moved to Government Support programs . Adam it is different between each market. As i mentioned previously, we are in different stages. We are in different parts of the world. Stores as many as 4000 being closed, a big portion of colleagues will be affected in one way or the other. As countries have taken different measures, this will apply to colleagues in the markets. Rentine how much of your are you actually paying . Are you deferring everything . I know it is difficult because every country is in different and various lockdowns, but can you give us a general idea of what works