Airbnb has secured another $1 billion loan to get through the COVID-19 pandemic as bookings collapse.

The company is refunding customers who have had to cancel their trips and has also set aside a fund of $250 million to help hosts cover the cost of these cancellations.

Ian Guider, markets editor of the Business Post, joined us with this and the day's other business news, including:

• New research from the Central Bank shows a big fall in job posting and separate figures shows a decrease in spending
• Smurfit Kappa is withdrawing its €200m dividend even though trading is ahead thanks to demand for increase food packaging

Listen to the interview in full by pressing the play button on this page.