Airbnb prep for IPO despite pandemic slowdown
Airbnb filed a preliminary draft registration with the SEC to sell stock, with details confidential and no share count or price set. CEO Brian Chesky noted work on IPO documents as the pandemic hit. Separately a British sheep farmer was found guilty of trying to extort Tesco by contaminating Heinz baby food and seeking 1.4 million pounds in Bitcoin. Average U S mortgage rates edged up with 30-year at 2.99 and 15-year at 2.54 as housing demand and construction rose in July.
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Airbnb
Wall Street
San Francisco
Securities and Exchange Commission
Brian Chesky
Associated Press
U.S
Britain
Nigel Wright
Heinz
Tesco
Wright
Freddie Mac
Germans in radio holes face slow 5G rollout and weak signals
Jens Raeder on a former East German base preserves a restored Soviet transmitter while mobile 4G and 5G reach rural Germany slowly. OpenSignal ranks Germany 50th in 4G availability as virtually all rural areas struggle with patchy coverage and slow speeds. Authorities promise fixes with new stations amid deployment hurdles.
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Harnekop
Germany
Jens Raeder
Raeder
Berlin
Angela Merkel
Peter Altmaier
Anke Domscheit -Berg
Associated Press
Ilja Nothnagel
German Chambers of Industry and Commerce
Chamber
Opensignal
India
Indonesia
Kyrgyzstan
United States
Japan
South Korea
Ian Fogg
Fogg
Volker Petendorf
Vodafone
Markus Schreiber
THE
NIO Eyes Western Expansion and Battery Swap Edge
NIO plans to start small batch expansion into Europe next year and may export its battery swapping service to compete with Tesla. Chairman William Li said markets are being studied and operations structured, with 143 swap stations already in China.
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Beijing
NIO
Tesla
William Li
NIO Inc
Communist Party
China
Tencent
Baidu
Lenovo
Shanghai
New York
Chicago
China and U S agree plan talks on tariff war endgame
Chinese and U S trade envoys will meet by phone soon to discuss implementing the Phase 1 trade deal. Gao Feng offered no timing details at a briefing while White House adviser Kudlow cited scheduling issues as the reason for delays. Both sides have rolled back some penalties but major tariffs remain in place.
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Beijing
U.S
Commerce Ministry
Gao Feng
White House
Larry Kudlow
Kudlow
Fox News Channel
Fox & Friends
Gao
Donald Trump
China
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