AirBnB files to float public stock on Wall Street
20 August 2020 | 2:30 pm
AirBnB is set to become one of the marquee floatings of stock this year, after the home-sharing company decided to go public. The move comes as demand for home rentals have dropped due to the coronavirus pandemic.
15 Jan 2021
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.
12 Apr 2021
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.
14 Apr 2021
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.
12 Aug 2021
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.
19 Sep 2021
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.
13 Dec 2021
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.
29 Jan 2022
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.
14 Sep 2022
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.
22 Nov 2022
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.
28 Nov 2022
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.
13 Dec 2022
Data from Nigeria's Debt Management Office shows that the country's debt stock grew to 44 trillion naira as of September this year.
25 mins ago
Malnutrition and disease in the midst of a violent conflict have claimed thousands of young lives. UNICEF has warned that many thousands more are likely to die.
25 mins ago
Azerbaijan's breakaway Nagorno-Karabakh region has been cut off from much-needed supplies since December, when Azerbaijan closed the one road connecting the region to ally Armenia, saying it was an arms smuggling route.
1 day ago
The Spanish international has reacted to the federation calling up players who are boycotting the women's national team, claiming the move showed "nothing had changed."
1 day ago
At least 17 Japanese nationals have been accused of spying under sweeping "espionage" regulations introduced by Beijing in July, leaving companies reluctant to send their staff to China and imperiling local production.
1 day ago
Israel complained about the presence of German Ambassador Steffen Seibert at a meeting in Israel's Supreme Court. Reform of that institution, sought by the government, is a contetious domestic issue in Israel.