Oracle has drawn up plans for a new round of layoffs this month, sources say

The potential layoffs reduce Oracle's payroll as it racks up billions in debt to fund AI infrastructure.

3 headlines that explain America's debt situation

American households' debt picture is reasonably solid. The government debt picture is worrying in almost any state of the world.

Shein IPO pitched to investors at sub-$30bn valuation

Fast-fashion retailer has suffered a roughly 70% drop in valuation over past four years

Tony Blair's son seeks funding for defence tech start-up

Nick Blair in talks to raise roughly $200mn for new venture called Pyra

Chinese robot maker’s IPO 5,500 times oversubscribed by retail investors

Unitree raises $900mn ahead of Shanghai listing expected later this month

Yen sinks as effect of US-Japan intervention fades

Currency gives up roughly half its gains from joint action with investors citing lack of ‘unified voice’ among central banks

Wall Street giants partner with Nvidia on $500bn AI financing deal

Apollo, Blackstone and Goldman Sachs are among groups working with chipmaker to raise capital for data centre boom

Why the BoE needs more parliamentary attention

Further scrutiny and accountability would strengthen independence

Hong Kong set to include trading firms in ‘big bang’ tax reforms

Proposal is part of push by the Chinese territory to compete with Singapore for top-tier financial talent

Does Africa have too few people?

What some see as an alarming population explosion could be just what the continent needs

Why "chipflation" is here to stay

The cost of computer memory used to get cheaper over time. No longer.

Britain needs to redefine what it considers cutting-edge

Burnham should promote a broader conception of advanced manufacturing that goes beyond frontier technologies