Quantifying the AI boom crowding-out effect

AI investment will be about $600 billion this year, some 2% of GDP, Goldman Sachs economists find.

Switzerland pushes ahead with post-Credit Suisse crackdown

Financial regulator may be given greater powers to intervene at troubled banks and levy fines

Tata chair to step down as succession row escalates

N Chandrasekaran to depart India’s largest conglomerate amid dispute with Noel Tata

Revolut cuts back WeWork access for premium customers after price rises

Subscribers lose access to in-demand European office spaces in cities including Paris, Brussels, Milan and London

Why everyone wants a one-carat ring

Roula Khalaf, Editor of the FT, selects her favorite stories in this weekly newsletter.

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.

Volatility tumbles as markets shrug off Middle East risks

Investors warn of complacency as Vix ‘fear gauge’ falls to prewar levels even as oil rises back to about $90 a barrel

Why "chipflation" is here to stay

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

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

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

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

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

How investors killed AstraZeneca’s $400bn megadeal

Tie-up with US rival Bristol Myers would have marked return to big pharma mergers