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31 March
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FTSE 100 flat as losses in healthcare offset gains in miners; Deliveroo slumps in debut By Reuters

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(Reuters) - London's FTSE 100 was unchanged on Wednesday, as weakness in healthcare and banking stocks countered gains in mining shares, while food delivery company Deliveroo slumped 30% on its first day of trading. The blue-chip FTSE 100 index was flat, with healthcare stocks, including AstraZeneca (NASDAQ:AZN) and GlaxoSmithKline, falling between 0.4% and 0.8%. Oil heavyweights BP (LON:BP) and Royal...

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31 March
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Deliveroo Shares Slump Over 20% on Debut in London By Investing.com

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By Geoffrey Smith  Investing.com -- Shares in Deliveroo slumped on their debut on the London Stock Exchange, as concerns about governance and profitability overshadowed the biggest IPO of the year so far in Europe.  By 5:05 AM ET (0905 GMT), Deliveroo shares were quoted at 305 pence, some 22% below their IPO price. The shares were priced at the bottom of their marketing...

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31 March
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Deliveroo shares tumble in London debut By Reuters

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LONDON (Reuters) - Shares in Deliveroo opened well below the price of their initial public offering on Wednesday, and fell as much as 30% to 275 pence after making one of the most anticipated London stock market listings. The 390 pence price tag gave an overall valuation of 7.6 billion pounds ($10.46 billion) for the company, less than initially expected, after...

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31 March
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China’s Mega-Refineries Are Throttling Other Asia Oil Processors By Bloomberg

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(Bloomberg) -- The rise of China’s mega-refineries was always going to make life tougher for their competitors across Asia. But the fallout from Covid-19 is hastening the impact and accelerating consolidation across the region. A frenzy of refinery building in China is set to make the nation the world’s largest crude processor this year. At the same time, a drive to de-carbonize Asia’s...

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31 March
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Plug Power Re-Announces News from September, Rallies 9% By Investing.com

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By Christiana Sciaudone Investing.com -- Plug Power (NASDAQ:PLUG) jumped 9% after re-announcing plans to build a green hydrogen production plant with Brookfield Renewable.   The same news was published on Sept. 24, but it failed to move the market at the time.  Plug Power, which supplies hydrogen fuel cells for forklifts, will use renewable energy from Brookfield Renewable’s Holtwood hydroelectric...

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31 March
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China and Brazil have world’s greenest central banks, activists say By Reuters

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FRANKFURT (Reuters) - China has the world's greenest central bank, followed by Brazil, both beating richer countries thanks to concrete steps such as lower interest rates on loans for pollution-fighting projects, an activist group said on Wednesday. The UK-based campaign group Positive Money ranked the central banks and financial supervisors of G20 countries...

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