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Toshiba chip-unit bidders push back final agreement

Bloomberg Toshiba Corp.’s announcement of a final agreement to sell its memory chip business may be delayed beyond the electronics maker’s self-imposed deadline this week, as Bain Capital and Japanese investors work out the structure of the deal, people with knowledge of the matter said. When announcing the preferred bidders last week, Toshiba said it planned to reach an agreement ...

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SoftBank’s Vision Fund eyes investment in quantum computing

Bloomberg SoftBank Group Corp.’s Vision Fund is scouting for possible investments in quantum computing, an experimental science being researched by companies such as Google and IBM to succeed current computer processor technology. Shu Nyatta, who helps invest money for the fund, said the group wanted to find and back the company whose quantum computing hardware or software that runs atop ...

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UK banks brace for £11.4bn capital demand from BOE

Bloomberg The Bank of England (BOE) plans to increase capital requirements for UK lenders by 11.4 billion pounds ($14.5 billion) to tackle risks posed by consumer credit growth and prepare for the uncertain outcome of Brexit talks. The BOE set the countercyclical capital buffer at 0.5 percent of risk-weighted assets for UK loans effective in June 2018. “Absent a material ...

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