Anticipated ipos cnbc confirms that doordash and airbnb is expected to release the valuations in the upcoming s1 amendments and particularly door dash seems to be employing a technique that weve seen before from epic in doing this ipo pricing process and also getting quite bate of interest because of the pandemic right with so many more options like a three main options on the table now to go public, its interesting that door dash is forging its own way, elements of the traditional ipo with an auction process. Carl and jon, what is interesting about these two ipos, they were talking about this earlier, i heard leslie say something, benefitting in different ways from the pandemic also the strategy. They went to local smaller markets, particularly doordash going to the suburbs but, carl, you see airbnb, there were not many options to go to hotels or get great lodging in the smaller places thats all people want to do now. The they want to avoid the big cities and go, you know, outside of
Says libyas warring sides have agreed to hold elections within 18 months aimed at uniting the country under one government and anger in armenia over a deal with us or by john to end. The fighting in the going to occur about the Prime Minister says it was about preserving whats left. Welcome to the program, europe has been called a cautionary tale of the dangers of easing krone virus restrictions. The World Health Organization issued a warning as the continent is witnessing an aggressive surge and infections more than 50000. People have now died from covert 19 in the United Kingdom and in italy. Once the epicenter of europes outbreak, 623 people died in the past 24 hours. Andrew symonds reports for the u. K. Its another landmark in the spread of covert, and its causing a lot more than 50000. 00. People who tested positive have died. Britains total of dead is now the highest in europe. Nearly 600. 00 deaths on wednesday overtakes figures since may in the 1st wave. Every death is a is a,
Boost the recovery. Larry summers says the coordinated Global Response is needed. And airbnb books an ipo in new york, aiming to list shares on the nasdaq. Booking through september a total of 18 billion. Although it admits covid19 continues to affect the business. Lets take a look at the asx. More than normal when it comes to the australian soft market after it had the data disruption out. Yesterday was the longest outage in about a decade. Of course, it meant australian traders missed out on the bulk of the days rally. Only trading for a halfhour. We are seeing a pretty modest start, less than 2 10 of 1 higher at the open. Perhaps some caution there could be more technical difficulties. We are seeing gains when it comes to trading in new zealand. Nikkei future setting off on a bad foot as we are seeing some profittaking. It does look like the vaccine driven optimism and the rather we saw overnight will continue, with s p active futures in the positive. Shery we have breaking news at
Joe biden set to receive his first president ial briefing. President donald trump still trying to convince the country the election was stolen. But a former official sets the record straight. There is no indication or evidence there was any sort of hacking or compromise of election systems on, before or after november 3rd what chris krebs is saying about being fired by tweet for speaking out tensions high overnight a funeral held for irans Top Nuclear Scientist assassinated in a targeted hit, irans leaders are now vowing revenge and to carry on his work. Monday mess, a fastmoving storm targeting the eastern half of the country with strong winds and rain and yes, even snow. Al has the forecast. And 9 billion spent on black friday alone, setting the stage for what could be the biggest cyber monday ever. This morning, where the deals are today. All of that and plus amazing escape. And there is a big fire there. A racecar bursts into flames and the race driver is emerging from those flames
I and this is a boom bust for the one business show you cant afford to miss branch of war in washington. Coming up, hospitals around the world are facing a strain as the cope without heat wave continues to slam the globe. Straight ahead, we analyze the state of treatment amid the pandemic, and where we stand amid the latest outbreak. And despite the windfall from chinas major shopping holiday, ali baba stock has taken a hit on proposed regulation from the nations government. And oil prices have been riding the wave of vaccine optimism this week to later on. Were going to break down the high in demand and what it means for one of the worlds hottest commodities with a packed show today. So lets dive right in. And we lead the program with the concerning increase in hospitalizations across the United States due to cope 19. Coronavirus related hospitalisations in the u. S. Reached a record high on tuesday under and are expected to grow amid the latest wave of cases. Now the number of patien