UK Futures Broker Marex Group’s IPO Raises $292 Million
Marex Group Plc and a group of the London-based firm’s shareholders raised about $292 million in a US initial public offering priced within a marketed range.
Marex Group Plc and a group of the London-based firm’s shareholders raised about $292 million in a US initial public offering priced within a marketed range.
China’s tightening supply of carbon permits is likely to raise renewable energy demand and hasten the demise of inefficient coal-fired power plants.
Oil held a modest decline, with a risk-off tone in broader markets countering a drawdown in US stockpiles.
Asian equity markets dropped after Meta Platforms Inc.’s disappointing outlook raised concern on whether the industry that has powered the bull market in equities has run too far.
The surging dollar has hurt stocks outside the US but one group at least stands to gain: companies that export to the world’s largest economy.
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