Figma rival Canva valued at $42bn as IPO rumours swirl
One of Australia’s most valuable technology companies kicks off employee share sale
Economic news
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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
US tech stocks hit by concerns over future of AI boom
Warning from OpenAI’s Sam Altman and MIT paper puncture Wall Street’s enthusiasm
Bank rally puts Shawbrook’s IPO ambitions in reach
Those debating the health of London’s capital markets seize on even the smallest listing to validate their thesis — good or bad