IPO

Investors reluctant to seize growth opportunities as social media firm's flotation sparks technology bubble fears.

US-based coupon website Groupon has filed to go public so it can raise up to $750m, in the latest high-profile technology company IPO to fire up fears about a bubble in the sector.

Shortsellers rounded on Glencore on the first day of official trading of shares in the commodities giant, casting a shadow over its blockbuster £37bn listing on the London stock exchange, the Guardian reports.

BlackRock's £1.6bn World Mining Trust, run by Evy Hambro, has made around 80% on its investment in Glencore's convertible debt, Oriel Securities has said.

GLENCORE'S IMPACT ON DIVI MARKET

Glencore International has closed its books a day early after its initial 530p per share offer garnered strong investor demand.

GLENCORE - HOT IPO OR CATCH A COLD?

BlackRock and Fidelity are both backing commodities giant Glencore's IPO, according to reports.

Sebastian Lyon has warned volatility will increase on his £894m Trojan fund as higher inflation and falling wages impact the markets.

US auto giant General Motors is set to raise up to $22.7bn in its IPO, which could make it the largest stock offering in US history.