We kick off our second Squawk Box from Davos with the latest news on the outbreak of the Coronavirus. The World Health Organisation prepares to hold an emergency meeting as China confirms 440 cases and the first patient is diagnosed in the U.S. Fears of a pandemic are keeping markets on edge. We speak to the boss of pharma giant AstraZeneca to get his take on the mysterious pneumonia-like illness.

Hong Kong Chief Executive Carrie Lam tells CNBC she is disappointed with yesterday’s Moody’s rating downgrade, defending her reaction to the unrest in the territory seen throughout 2019. But she adds that her resignation is not the answer.

In the U.S., Boeing takes the wind out of the Dow with shares sinking on a fresh warning that the 737 Max will now not be back in the air before mid-2020.

And, later today CNBC hosts a star-studded WEF panel discussing the 'Future of Financial Markets', featuring U.S. Treasury Secretary Steven Mnuchin, IMF Managing Director Kristalina Georgieva, UK Chancellor Sajid Javid and UBS Chairman Axel Weber.

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