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Venture capital floods into food-tech

When Samir Kaul made the first investment in Impossible Foods, he had one condition for the plant-based meat company’s founder Pat Brown: that he give up his tenured professorship at Stanford University or forgo the chance at funding. Mr Brown agreed, and Mr Kaul made an initial commitment of a …

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Retail trading craze fires up China’s brokers

A surge in internet trading by China’s retail investors has boosted the country’s brokers, awarding some of them a valuation in line with the world’s best-known banks. Average daily turnover on China’s stock market has hit Rmb874bn ($129bn) this year, according to data from Goldman Sachs, up nearly 60 per …

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Covid-19: Sunak set to unveil emergency jobs scheme

Image copyright Getty Images Chancellor Rishi Sunak will later unveil a plan aimed at minimising further unemployment as stricter Covid-19 restrictions come into force. The new measures are expected to replace the furlough scheme, which is set to expire next month. In July, around five million workers were still receiving …

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New Covid tracing app to launch in England and Wales

An app using Apple and Google technology that will alert people if they have been close to someone with coronavirus will be launched in England and Wales on Thursday, as ministers seek to beef up the government’s faltering test-and-trace programme. The arrival of the app draws a line under months …

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