AirBnB files to float public stock on Wall Street

The holiday rentals site said it had learned that "armed militias and known hate groups" want to disrupt Joe Biden's presidential election. Bookings are canceled and blocked on the site across Washington D.C.

The International Monetary Fund has given a stark warning after "excessive risk-taking" in the markets by investors. Stocks around the world, especially those of tech firms, have surged during the coronavirus pandemic.

Shares in the cryptocurrency exchange Coinbase start trading on Wall Street this Wednesday, with the company expected to be valued at around $65 billion. Its value has more than tripled in three years, boosted by the trading frenzy around Bitcoin. It will be the largest company in this sector to have gone public to date. Also today, we look at French government efforts to encourage employers to hire their temporary staff for the summer tourist season, despite ongoing coronavirus restrictions which have kept many restaurants closed.

A big jump in sales has prompted US grill manufacturer Weber to go public on the New York Stock Exchange — but prospects for sustained growth may not be as hot as they seem.

Beijing has said it want to foster small and medium-sized businesses by setting up third stock exchange in Beijing. The move comes despite an ongoing regulatory crackdown on China's biggest tech companies.

Corporate stock buybacks hit new record, surpassing 2018. Companies listed on the S&P 500 bought back a record-setting $234.5 billion in shares in the third quarter of 2021, surpassing the previous record of $223 billion in the fourth quarter of 2018, according to preliminary data from S&P Dow Jones Indices.

Stock markets slumped in Asia on Thursday and European shares started the day's trading in the red, after signals from the US Federal Reserve that it could raise interest rates more than three times in 2022. Fed Chair Jerome Powell said the central bank's policy committee was "of a mind" to start raising rates in March, and that it would be guided by the economic data. FRANCE 24's Business Editor Stephen Carroll looks at market reaction to the announcements.

A slight increase in US consumer prices for the month of August has ignited fears of more Federal Reserve moves to curb inflation. An earlier drop in US markets had a knock-on effect on Asian marketplaces this Wednesday.

The papers cover the positive, and negative, aspects of the COP27 climate deal, with many lamenting that emission cuts did not make the final agreement. The papers are also paying tribute to, and criticising, Qatar's World Cup opening ceremony. Plus, New Zealand discusses age discrimination and Joe Biden celebrates his 80th birthday.

Nationwide protests against China's zero-Covid policy have left investors concerned about the outlook for the country's economy. On Monday morning, both the Shanghai Composite and Hang Seng in Hong Kong were posting losses.

Data from Nigeria's Debt Management Office shows that the country's debt stock grew to 44 trillion naira as of September this year.

The closure of Silicon Valley Bank, followed by Signature Bank, has undermined market confidence and raised recession risk fears. Stocks and equities in Asia dropped amid fears about exposure.