Obesity-drug maker Metsera posts largest gain as IPOs defy market swoon

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  The waning of active funds is drying up the IPO market

  The natural buyers of new equity have suffered relentless outflows
  
  Financial Times - 6d
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  Apple's Smartphone Sales Slump in China as Huawei Gains Market Share

  The U.S. tech giant’s fourth-quarter iPhone sales fell 18% in the world’s largest smartphone market.
  
  The Wall Street Journal - Jan. 21
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  What Happens At Toyosu, The Largest Fish Market In The World

  Yahoo News - Jan. 20
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  Scotland’s largest haggis maker creating new recipe to meet US rules

  Macsween working to circumvent food regulations that have banned traditional recipe in US for more than 50 years. Scotland’s largest haggis maker is creating a “compliant” recipe of the nation’s ...
  
  The Guardian - Jan. 18

• Travel group HBX to test Europe’s IPO market with Spanish listing

  Hotel room wholesaler could be valued at €5bn in first big European flotation of the year
  
  Financial Times - Jan. 16

• Goldman Sachs CEO Solomon says IPO market is 'going to pick up' along with dealmaking

  At an event hosted by Cisco on Wednesday, Goldman Sachs CEO David Solomon indicated that the multi-year IPO drought should be coming to an end.
  
  CNBC - Jan. 16

• World’s largest chip maker, Taiwan Semiconductor Manufacturing, reports record sales

  The key supplier of advanced chips for the world’s leading tech companies saw record revenue in the final quarter of 2023.
  
  MarketWatch - Jan. 10
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  Silicon Valley’s largest start-ups to shun IPOs in 2025

  Huge recent fundraising deals for Databricks, SpaceX and OpenAI further delay need for stock market debuts
  
  Financial Times - Jan. 10
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  Pentagon blacklists Tencent, largest Chinese EV battery maker

  The Defense Department has added dozens of Chinese firms to a list of companies that are prohibited from working with the Pentagon and defense industry due to their alleged ties with China's ...
  
  The Hill - Jan. 7

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• Trump tariffs on Canada, Mexico and China to start Saturday. Here’s why they may be ‘just the warm-up.’

  President Donald Trump and his press secretary said Friday that tariffs on Canada, Mexico and China will come on Saturday, with Trump stating that there’s no way those countries can avoid the levies.
  
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• Nvidia’s CEO, whose chips play a key role in the DeepSeek drama, becomes latest corporate exec to pay a visit to Trump

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• Stocks were up in January, which is usually a good sign for the year. But new tariffs could change that.

  The “January Barometer” has been a reliable indicator for investors. But there have been exceptions — and 2025 could prove to be one.
  
  MarketWatch - 2h

• Investors snap up stocks outside of the ‘Magnificent Seven’ in January

  Investors counting on last year’s big winners in stocks to repeat their lead in 2025 endured a n early setback
  
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More in Business

• Ex-senior Federal Reserve advisor charged with economic espionage to benefit China

  The DOJ unveiled espionage claims against former Fed employee John Harold Rogers as President Donald Trump threatened China with tariffs.
  
  CNBC - 13m
• 

  285 of 313 Air Traffic Control Facilities Are Understaffed

  Persistent staff shortages have raised safety concerns. At many facilities, staffing is so low that at least a quarter of the work force is missing.
  
  The New York Times - 23m
• 

  How the D.C. Plane Crash Shattered Wichita’s Big Dreams of Skating and Flight

  The city had tried for years to host the U.S. Figure Skating Championships, and to get a direct flight to the northeast.
  
  The New York Times - 24m

• Zuckerberg is following in Musk’s footsteps. Is it all because of AI?

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• 

  Reagan Airport Had a Number of Close Calls in Recent Years

  Internal government reports and public databases highlight several instances in which planes narrowly escaped collisions with each other or helicopters.
  
  The New York Times - 38m