SelfDriving Truck Startup Plus Raises Extra 220 Million

BEIJINGSAN FRANCISCO Reuters U.S. autonomous truck startup Plus said on Wednesday it had raised an extra 220 million from investors in an extension of a 200 million funding round in February, as the global auto industry looks to a driverless future. A source with direct knowledge of the matter also said Plus was in advanced […]
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Deliveroo Dives 30 as Debut of Decade Turns Torrid

Shares in Deliveroo plunged by as much as 30 in their trading debut on Wednesday, slicing more than 2 billion pounds off the companys valuation in a blow to the food delivery group and the London market for initial public offerings IPO. The highlyanticipated listing, the biggest in the London market in a decade, had […]
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UK Regulator to Consult on Changing Rules for SPACs

LONDON, March 31 Reuters Britains financial regulator said on Wednesday that it is to consult on changes to its listing rules for Special Purpose Acquisition Companies SPACs, following a recommendation from a review commissioned by UK finance minister Rishi Sunak. The Financial Conduct Authority said it will consider introducing a minimum market capitalisation and a […]
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Japan Stocks End Lower as Archegos woes Rattle Financials

Japanese stocks fell on Wednesday as investors sold financial shares due to growing uncertainty over the fallout from the margin calls that brought down New Yorkbased hedge fund Archegos Capital. The Nikkei 225 Index ended 0.86 lower at 29,178.80, while the broader Topix dropped 1.21 to 1,954.00. Mitsubishi UFJ Financial Group Inc fell 3.87. The […]
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