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Abraaj Sees Buyout Opportunities Among Listed Mideast Companies (Bloomberg)
Jan. 7 (Bloomberg) -- Abraaj Capital Ltd., the Middle East?s biggest private buyout firm, aims to acquire publicly traded companies in countries from Saudi Arabia to Turkey as it seeks to benefit from falling share prices amid the financial crisis.
China Steel Companies to Lag Behind Other Stocks, JPMorgan Says (Bloomberg)
Jan. 7 (Bloomberg) -- China?s steel companies will lag behind the nation?s other stocks this year as the industry has excess capacity and weaker demand amid an economic slowdown, JPMorgan Chase & Co. said.
Companies Are Overstating Green Claims, Consumers Say (PC World)
Sixty-five percent of consumers think some companies overstate their green credentials to sell more products.
Azerbaijan restricts foreign broadcasting companies (International Herald Tribune)
Azerbaijan has begun to enforce a law that bans foreign companies from broadcasting on national frequencies, effectively closing its airwaves to Radio Free Europe/Radio Liberty, Voice of America and the British Broadcasting Corporation.
T'GANU PROVIDES RM1 MILLION FUND FOR BUS COMPANIES (Bernama via Yahoo! Malaysia News)
KUALA TERENGGANU, Jan 7 (Bernama) -- The Terengganu Government will provide a RM1 million fund for bus companies operating in the state to buy new vehicles to facilitate more comfortable public transportation.