US sell-off accelerates as tech stocks slide
Nasdaq slides further on Wednesday after biggest fall in almost a month in previous session
Economic news
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North Sea operator calls for overhaul of UK windfall tax as oil prices slide
Ithaca Energy chair says levy not justified with crude prices almost half their 2022 peak
Figma rival Canva valued at $42bn as IPO rumours swirl
One of Australia’s most valuable technology companies kicks off employee share sale
UK inflation accelerates to 3.8% in July
BoE is seeking reassurance that recent resurgence in price growth is temporary
New Zealand dollar slumps on outlook for further rate cuts
Central bank makes quarter-point cut to 3% with further lowering expected as economy stalls