China is now No. 2 for obesity, with its number of obese residents outstripped only by the U.S. Its obesity rate has skyrocketed over the last three decades, resulting in 46 million obese Chinese adults and 300 million who are overweight, according to a study by the University of Washington’s Institute for Health Metrics and Evaluation.
WASHINGTON – Congress is poised to close the Upper St. Anthony Falls Lock and Dam in an effort to shield Minnesota’s northern waters from invasive Asian carp. The provision is part of an $8 billion water infrastructure bill that will allow funding to improve ports, waterways and projects tied to flood protection, drinking water, dams and environmental restoration. The bill, due for a vote in the Senate this week and the House next week, is expected to pass both chambers with bipartisan consensus.
Alibaba said it plans to raise $1 billion, but before it’s finally priced later this year, that amount is likely to be far higher. The IPO is widely expected to surpass that of Facebook, which raised $16.4 billion in 2012, and could be nearly as big as the 2008 offering by credit card giant Visa, which raised about $17.9 billion.
Weibo Corp., the Chinese microblogging service owned by Sina Corp., surged 25 percent in its first day of trading after pricing its initial public offering at the low end of the marketed range.
China launched its first official organ donation registration website on Wednesday, according to the National Health and Family Planning Commission (NHFPC).
BGI Tech, a unit of the world’s biggest DNA-sequencing group, plans to seek about $400 million from an initial public offering in Hong Kong, said two people with knowledge of the matter.
Vietnam media: Navy confirms flight MH370 crashed into the sea
- UPDATE [12: 01]: Altogether, 239 passengers & crew, from 14 different nationalities, including two infants. Passengers were from:
- 1. China - 152 plus 1 infant
- 2. Malaysia - 38
- 3. Indonesia - 12
- 4. Australia - 7
- 5. France - 3
- 6. United States of America - 3 pax plus 1 infant
- 7. New Zealand - 2
- 8. Ukraine - 2
- 9. Canada - 2
- 10. Russia - 1
- 11. Italy - 1
- 12. Taiwan - 1
- 13. Netherlands - 1
- 14. Austria - 1
In a report by the Chinese News Service, Jiao Yong, Vice Minister of Water Resources, said, “China has more than 400 cities short of water, some 110 of which are facing serious scarcity.” A study by the China’s Ministry of Water Resources found that approximately 55% of China’s 50,000 rivers that existed in the 1990s have … disappeared.
In terms of market size, estimates are that by 2015, China’s generic market will be close to $82 billion.
Actavis’ CEO Paul Bisaro stated “If we’re going to allocate capital, we’re going to do so where we can get the most amount of return for the least amount of risk. And China is just too risky.”
Google has sold struggling US mobile phone company Motorola Mobility to Chinese computer maker Lenovo for $2.91bn (£1.8bn), in a surprise move. Google had paid $12.5bn for the company less than two years ago.
…the acquisition gives Lenovo an entry into the North American and Latin American markets, as well as a toehold in Western Europe.