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China's AgBank raises 10 billion dollars in Shanghai IPOShanghai (AFP) July 7, 2010 Agricultural Bank of China said on Wednesday it raised 68.5 billion yuan (10.1 billion US dollars) from the Shanghai portion of its initial public offering. The amount included the overallotment option and put the bank on track to achieve the largest IPO on record by raising up to 22.1 billion dollars ahead of its dual listing in Hong Kong and Shanghai, the bank said in a statement to the Shanghai Stock Exchange. AgBank, the last of China's four big banks to list, said it sold 25.57 billion shar ... read more |
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CryoSat-2 Exceeding Expectations
Bergen, Norway (ESA) Jul 02, 2010Today, participants at the Living Planet Symposium have been hearing about ESA's most recently launched mission, CryoSat-2. In orbit for almost three months, the satellite is in excellent health with scientists very encouraged by the first ice-thickness data presented at the symposium. Prof. Duncan Wingham, Lead Investigator for the CryoSat mission, stated, "The satellite is in very good s ... more Whiter Clouds Could Mean Wetter Land
Palo Alto CA (SPX) Jul 02, 2010One proposed emergency fix to halt global warming is to seed clouds over the ocean to make them more reflective, reducing the solar radiation absorbed by the Earth. But the scheme could also change global rainfall patterns, raising concerns of water shortages on land. A new study by the Carnegie Institution, in collaboration with the Indian Institute of Science, suggests that altered atmos ... more Romania flood death toll climbs to 24: official
Bucharest (AFP) July 1, 2010The death toll in Romania from storms and floods has climbed to 24, with one person still missing, the emergency situations inspectorate said Thursday as the Danube exceeded its warning level. "Twenty-two people died in floodings, one is missing in the northern department of Suceava and two were killed by lightning", the spokesman for the inspectorate, Alin Maghiar, told AFP. Fourteen de ... more |
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NASA's TRMM Satellite Sees Heavy Rainfall In Hurricane AlexGreenbelt MD (SPX) Jul 01, 2010 Hurricane Alex is generating some very heavy rainfall, and the Tropical Rainfall Measuring Mission satellite known as TRMM has been calculating it from its orbit in space. As predicted by the National Hurricane Center (NHC) in Miami, Florida, Alex intensified after entering the warm waters of the southwest Gulf of Mexico. At NASA's Goddard Space Flight Center in Greenbelt, Md., scientists created an analysis of Alex's rainfall using data captured by the TRMM satellite on June 29, 2010 at 135 ... read more |
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