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...South Carolina rules limit investments in a single issuer to 3 per cent of assets, and in Utah the cap is 10 per cent....
...The company is due to unveil 10 projects on Monday that point to the power of quantum calculation when twinned with established techniques such as conventional supercomputing, said Dario Gil, its head of...
...The building blocks of quantum computing are quantum bits — aka qubits. IBM is developing a new chip that will have 1,121 qubits. For comparison, Baidu’s processor has 10....
...But he also faces a 10-year prison sentence for money laundering, which may make him ineligible to run. Additional reporting by Joe Daniels in Bogotá...
...Mackenzie Davis, managing partner at SailingStone Capital Partners and an investor in First Quantum, said maintaining rule of law and due process were essential for attracting foreign investment....
...Bitcoin’s blockchain updates its ledger of transactions by creating a new block about every 10 minutes. Miners compete by making candidate blocks....
...of perhaps 10 per cent....
...On the Toronto Stock Exchange, Teck Resources gained 7.9 per cent and First Quantum added 10.5 per cent, their biggest increases since October and January, respectively....
...Blackstone swept in, offering $1.24 per share in cash compared with Concord’s offer of $1.16....
...The firm, which manages €186bn in assets, aims to raise more than €1.25bn through the offering....
...The share sale is part of a broader offering expected to be about €1.6bn, which will give CVC an implied market capitalisation of between €13bn and €15bn, the document states....
...CVC Capital Partners, one of Europe’s largest private equity firms, is aiming to raise more than €1.25bn in an initial public offering on the Amsterdam stock exchange, ending a years-long wait to go public...
...Saudi telecoms group STC made waves in Spain last year with a bid to buy 10 per cent of telecoms group Telefónica....
...Shares in the company sank a further 84 per cent to 0.4p in early trading on Monday, having been worth more than £1.30 in September, before the cost overruns and delays were announced the following month...
...Of runes and robots The 1.2mn figure needs further scrutiny....
...And we’re thinking about, you know, 10, 15 years....
...They will need substantial orders — tickets of €10-20mn won’t make much of a dent. German institutions are typically cautious, and not many have the heft to put in the big orders that this deal needs....
...The retailer, which operates more than 1,800 stores in over 20 European countries and is majority-owned by private equity group CVC, said on Monday that it was aiming to raise €1.1bn....
...Separately, some partners at EY’s UK business were told that profit-per-partner could fall as much as 15 per cent during its current financial year amid a challenging economic environment, according to a...
...The other partner in the joint venture is US fund manager RedBird Capital....
...India’s biggest steel producer JSW and Chinese carmaker SAIC Motor on Wednesday launched a $1.5bn joint venture to build and sell MG-brand electric vehicles in the world’s most populous country....
...HMRC said it worked with “hundreds of IT partners” and that multiple partners were involved in building and maintaining its services....
...Nasscom has previously estimated that fewer than 20 per cent of India’s 1.5mn engineering students graduating each year get industry jobs....
...Social Capital manages assets of more than $1.5bn....
...A former senior research fellow in computational mathematics, he launched Riverlane in 2016 to help correct the high level of errors made by quantum computers....
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