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Weather channel, Wimbledon

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NBC will pay $3.5 billion for weather channel, and its related properties. News here. Hm, I think besides the travellers, people interested in the weather include commodity traders. The commodities range from crude oil, natural gas, heating oil, to crops. The reason goes like this, if natural disaster like Hurricane Katrina happens, it will destroy the oil and natural gas infrustures, and cause short term disruption of oil supply. The oil and gas price will jump. Similarly, if a draught or an extreme cold weather happens, crops and heating oil will be more valuable (again, disruption of supply). I think GE/NBC made a smart move buying the weather channel here.

What a game. Weather played a factor too: the rain and the wind. Maybe it helped Nadal in some way? I was hoping Roger to win but I think he should have no regret (tried his best). One fun fact is the local NBC channel switched to baseball game (Cards vs. Cub), and we watched the game via UUSee web TV (Beijing TV 6). I also like two players comments after the game:

21:24 – A surprisingly stoic Roger Federer not letting any emotion out: “I tried everything, it went a little late and everything, but look Rafa is a deserving champion, he just played incredible todayÂ…. He’s the worst opponent on the best court, but it’s been a joy again to play here, I know I couldn’t win it under the circumstances, but I’ll be back next year.”

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Second Look at Huiyuan Juice IPO

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I noticed this juice thing is getting popular in China, just like the coffee did in recent years. In summer 2004, when I attended a bunch of formal dinners in Ningbo, juice is an option, as is the wine. Juice is also offered in the airplane. One thing I noticed that the orange juice in China is mostly “from concentrated”, probablly due to cost and taste reasons. So the demand and the growth is there. The problem with the company, from I read from FinanceAsia:

“Among the potential concerns, observers say, is the cost of buying juice concentrates and fruit puree, which increased by more than 50% in the first nine months last year. The company buys about 56% of this raw material from abroad, making it vulnerable to swings in international prices, particularly for oranges.”

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