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ICAP snaps up Ocean Tomo 

ICAP, a London-based broker, has acquired the transactions division of Chicago-based broker Ocean Tomo for up to $10 million (£6.1 million).

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John Schnatter

Twenty-five years ago in Indiana, Papa John’s founder and CEO John Schnatter sold his car to buy his first pizza oven. The franchise now has sales of more than $1 billion and just opened its 50th store in London

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Web video company in funding round

Datmedia, a developer of software allowing users to publish internet video from a computer or mobile phone, has secured funding of £500,000.

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Kate Bleasdale: Healthy margins

Received wisdom has it that recruitment companies get decimated in recessions. Kate Bleasdale, the founder of Healthcare Locums, is proving everyone wrong. 

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What I’m reading now

The Spirit Level: Why more equal societies almost always do better, by Richard Wilkinson and Kate Pickett
Todd Hannula, chief executive, Camberwell

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Economic insight: Mahamed Djeddour

Mahamed Djeddour, senior fellow in strategy and international business at Manchester Business School, on the UK’s competitive positioning with Europe

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Going places…

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The next big thing: Flat loudspeakers

It may look like a piece of tin foil. Funnily enough that was how it all started, when Dr Duncan Billson and Professor David Hutchins of the University of Warwick experimented by using two sheets of household foil and an insulating layer of baking paper to produce sound.

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Going places…

News

The next big thing: Flat loudspeakers

It may look like a piece of tin foil. Funnily enough that was how it all started, when Dr Duncan Billson and Professor David Hutchins of the University of Warwick experimented by using two sheets of household foil and an insulating layer of baking paper to produce sound.

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Object of desire: Paul Smith cricket ball

Normally getting a reaction from the ladies with a Paul Smith involves sporting one of his sharp suits, but with this little number you may succeed in bowling a maiden over of a different sort

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SMEs putting all their eggs in one basket

Many small and medium-sized enterprises (SMEs) are risking everything by depending on one client for the majority of their turnover.

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Alios BioPharma completes Series A round

US biotech company Alios BioPharma has secured $8 million (£5 million) from SR One, GlaxoSmithKline’s venture arm.

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Exit prospects unlikely to improve, say PE investors

Less than a quarter of private equity (PE) investors in Europe expect an improvement in exit opportunities in the coming year, according to research.

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