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Glencore to close books early on $11 billion IPO

Commodities trader Glencore will close the books for its planned $11 billion initial public offering a day ahead of schedule, underscoring strong investor demand for its shares despite volatile commodity markets.
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Google or no Google, India sticks to its new web rules

The Indian Ministry of Communications and Information Technology has made a statement to clarify its Internet rules which Google had earlier opposed, citing websites which trash out any content or often construed offensive.

Which countries have the largest gold reserves?

Governments, or nowadays central banks, are traditionally the largest holders of gold. And for most of the past two decades, central banks have been net sellers of gold. But since 2010, central banks are net buyers again, because central banks of emerging market economies are aiming to diversify their ever growing currency reserves and reach a similar level in gold reserves as the club of old industrial economies.

Rise and rise of gold: Will prices hit $2,500 on 'insatiable' Chinese demand?

Investors around the world, more so the Chinese, are buying up gold assets to cover against rising inflation risk, macroeconomic uncertainties, a possible currency doom and the ever worsening U.S. debt scenario. The gargantuan demand from China can cause the yellow metal's prices to skyrocket, analysts feel. If the Chinese buying trend is ably supplemented with a fall in the value of dollar, this could result in a skyrocketing of prices.

Anish Kapoor unveils 'Leviathan' at Monumenta

Anish Kapoor is renowned for his monumental idiosyncratic sculpture forms of grandiose proportions, which leave viewers in a state of astonishment, and his current exhibition should be no exception. From May 11 - June 23, Kapoor's 'Leviathan' will be shown in Paris, at Monumenta 2011.
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OECD indicator flags improved outlook in China, U.S.

The growth outlook in major industrialized nations is diverging with activity improving in North America, China and Russia and moderating in most European countries, the OECD's leading indicator for March showed on Monday.

Will Obama Cancel His Trip To Pakistan?

U.S. President Barack Obama, who had planned to make a state visit to Pakistan later this year in order to commend Islamabad for helping to tackle terrorism and to show that he did not favor India, now might have second thoughts.

Where Is Taliban leader Mullah Omar?

The successful commando raid that led to the death of former al-Qaeda chief Osama bin Laden has raised speculation that the head of the Taliban, Mullah Mohammad Omar, may be the next target.
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Commodities Panic Subsides, Indians Rush to Buy Gold, Chinese Buy Silver on 31% Dip

Silver Bullion rallied from a drop below $34 per ounce, the fifth daily plunge running and some 31% below last Thursday's new three-decade high. Dollar prices to Buy Gold whipped in a $10 range Friday morning in London, trading up to $1488 per ounce - some 5.5% below Monday's record-high spike- as European equities and global commodities stemmed their losses.
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RaspBerry Pi unveils SD card-size personal computer priced $25

The Rspberry team, headed by David Braben, an expert in the field, is heading the team which hopes to sell the bare-bones device with features like 700MHz ARM11 processor, 128MB of RAM, and ports for video, removable media, and USB 2.0. Once connected to a mouse, keyboard, monitor, and wireless modem, one can begin surfing anywhere.

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