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The plant-based brand is targeting a valuation of US$10bn and would start trading on Thursday

Reusable face masks produced by Adidas and other popular brands fail safety tests, says Which? Airpop, Superdrug, The Big Silk and M&S scored well in the research Popular reusable face masks failed safety tests, according to research conducted by Which?. The consumer organisation found that the best-performing face covering was able to block more than 99% of potentially harmful bacterial particles, filtering just as well as a disposable mask, but the worst product only trapped a third of the particles passing through. Some of the face coverings with high filtration claims on the packet did no...

Bitcoin plunges below US$40,000 as Chinese crackdown triggers fresh selloff The digital currency took another hit to its value early on Wednesday after the People's Bank of China said financial institutions and payment providers should not accept crypto or provide services related to digital currencies Bitcoin’s value fell below US$40,000 for the first time since early February as a selloff in cryptocurrency markets showed signs of accelerating. In early trading in London on Wednesday, Bitcoin was down 12.4% over the last 24 hours at US$39,477, giving it a market cap of just under US$739bn....

Travel confusion remains as EU to lift restrictions on UK travellers but quarantine required upon return The UK is requiring ten days of isolation with two tests for passengers coming from almost all EU countries EU officials agreed on Wednesday to lift the ban on non-essential travel coming from outside the bloc, including from the UK. The Commission is due to release a list of approved countries soon, Reuters reported. Currently, each country makes their own rules, with Portugal, Italy and Greece having already dropped mandatory isolation for UK passengers. However, most European countries...

Prepare for biggest inflation scare since 1980s warns Jefferies Companies Follow Philip on: Broker highlights some potential winners and losers if prices keep on rising A change from a deflationary era to an inflationary one could be forthcoming says teh broker Investors should be prepared for the biggest inflation scare since the 1980s, according to US broker Jefferies, which has looked at which sectors would fare best if the beast really has returned. Chris Wood, Jefferies’ head of global equity strategy, says the debate now is “how fast and how soon”. A change in investm...