Reuters UK Business

By Arsheeya Bajwa (Reuters) -Quantum computing stocks sank on Wednesday, pausing a year-long rally, after Nvidia CEO Jensen Huang said the technology’s practical use was likely two decades away. The long wait outlined by Huang for “very useful quantum computers” throws cold water on a sector that was already expected to spend millions more on …

Quantum computing stocks take a hit as Nvidia CEO predicts long road ahead Read More »

MILAN (Reuters) – Italy’s Banco BPM has filed a complaint with the national antitrust authority over UniCredit’s takeover bid for the bank, a source close to the matter said on Wednesday. Banco BPM had previously complained to market watchdog Consob that UniCredit’s 10 billion euro ($10.32 billion) all-share bid could be seen merely as a …

Italy’s Banco BPM files antitrust complaint over UniCredit bid Read More »

(Reuters) -The UK’s competition regulator said on Wednesday it might accept remedies offered by chip design software maker Synopsys and Ansys to address the concerns raised over their $35 billion deal. Synopsys announced its cash-and-stock deal for Ansys, whose software is used to make products ranging from airplanes to tennis rackets, in January last year. …

UK watchdog says it may accept remedies in $35 billion Synopsys-Ansys deal Read More »

By Christoph Steitz and Marleen Kaesebier FRANKFURT (Reuters) -European wind power stocks fell on Wednesday after U.S. President-elect Donald Trump said he would try to ensure that “no windmills” are built on his watch, criticising the sector less than two weeks before he is due to take office. Trump’s latest swipe against the industry raises …

European wind stocks take beating after Trump calls turbines ‘garbage’ Read More »

(Reuters) -Locally-focused British stocks were slammed on Wednesday alongside sterling, while benchmark UK gilt yields soared as investors grappled with the prospects of higher interest rates and stubborn inflation. The domestically-focused FTSE 250 mid-cap index fell nearly 2% to a five-month low. The blue-chip FTSE 100 was broadly flat, cushioned by a 1% drop in …

British midcap index slumps to eight-month low as gilt yields surge Read More »

By Nikhil Sharma and Shashwat Chauhan (Reuters) – European shares dipped on Wednesday, as bond yields surged after investors priced in fewer interest rate cuts in Europe and the U.S. this year, while concerns about new tariffs under Donald Trump’s presidency also weighed on sentiment. The pan-European STOXX 600 closed down 0.2%, with most regional …

European shares dip as bond yields jump on rate, tariff jitters Read More »