Airbnb, Aldi and Volkswagen: Everything that matters this morning

Airbnb valued at $31bn
Airbnb has closed a funding round of more than $1bn (£820m) that values the company at more than $31bn (£25.5bn). The funding is part of its Series F round, which it began raising in June last year. Airbnb has declined to say who the new backers are, but previous investors include Google parent Alphabet’s venture capital arm GV. It has raised more than $3.5bn (£2.9b) in total.
The round makes Airbnb one of the most highly valued US tech businesses,