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Glaxo, Alphabet to make bio-electronic medicines

  Bloomberg GlaxoSmithKline Plc, the UK’s biggest drugmaker, is forming a joint venture with Google parent Alphabet Inc.’s life-sciences business to explore using electrical signals to treat diseases. Glaxo will hold a 55 percent stake in the venture, called Galvani Bioelectronics, and Alphabet’s Verily Life Sciences LLC will hold 45 percent, according to a statement on Monday. The companies will ...

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The VCR bows out in 2016

  Relaxnews Funai Electric Company, the last remaining Japanese manufacturer of VCR devices — sold under various brand names, such as Sanyo in North America — has announced an end to production this summer. The manufacturer reported sales of 750,0000 video recorders worldwide in 2015. This latest nail in the coffin for the VCR spells the end of a technological ...

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Trawlers hit fishermen hard

  DPA The day doesn’t start too badly for fisherman Celmo Mantovani. His patch, the Copacabana, is at its best at 5.30 in the morning, the rising sun streaks the sky with red and gold, and the Sugarloaf mountain rears up black against it. Mantovani and a couple of colleagues push their 23-year-old boat, the El Shaday, into the water ...

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