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Coles has swung to profit growth for the first time in four years.

Coles swings to profit growth thanks to coronavirus panic buying

Supermarket giant Coles has swung its business back into profit growth for the first time in four years after a booming year for the business thanks to coronavirus-fuelled panic buying.

  • by Dominic Powell
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Copyright © 2020. Market data information displayed on The Sydney Morning Herald is sourced from Morningstar and ASX and is subject to their terms and conditions as set out in our conditions of use. The Sydney Morning Herald does not accept any responsibility for the accuracy and/or completeness of such data or information.

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Companies

Meng, the daughter of Huawei's billionaire founder Ren Zhengfei, remains free on bail in Canada, and has been living in a mansion in Vancouver's exclusive Shaughnessy neighbourhood.

China's 'princess of Huawei' faces her biggest battle

It all began in a teahouse in Hong Kong in 2013. A presentation by Meng Wanzhou, the daughter of Huawei's founder, set in chain a motion of events that five years later would lead to her arrest.

  • by Hasan Chowdhury
Long-term thinking has been high on Cochlear chief executive Dig Howitt's agenda.

Cochlear posts $238m loss as COVID, patent case bites

Underlying profit at the hearing implant maker slid 42 per cent as coronavirus shutdowns impacted sales.

  • by Emma Koehn
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Banking & finance

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Startups

Catel founders Bennet Forrester, Demi Robinson and Mark Sadler.

WA country kids set sights on creating the 'ASX of agriculture'

Catel wants to create an online marketplace, but instead of securities in companies, people can invest in tangible farm products, such as a hectare of grain or a barn of chickens.

  • by Hamish Hastie
AirTree Ventures Principal Elicia McDonald and AirTree Ventures Principal Jackie Vullinghs are part of a new generation of venture capitalists rising through the ranks.

VC firms lift their game on diversity as new appointments make their mark

A new wave of partner appointments signals a changing of the guard at Australian venture capital firms which are slowly becoming more diverse in their makeup.

  • by Cara Waters

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