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GM Aims to Beat China Market in 2009, Reversing Venture’s Slump

Published December 1, 2008, 4:19 pm, Bloomberg

Dec. 2 (Bloomberg) -- General Motors Corp. , the largest overseas automaker in China, expects to outperform the market next year, reversing a decline in sales at its local carmaking venture.

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Algeria keen on Iran's cooperation in housing construction

Published December 1, 2008, 3:49 pm, Islamic Republic News Agency

Iran - Algeria - Housing Algeria needs Iran's cooperation in constructing more than one million residential units, said the country's Minister of Housing and Urban Development Nour al-Din Musa.

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More investors for Kertih Plastics Park

Published December 1, 2008, 3:43 pm, The Star

KUALA LUMPUR: Three potential investors are expected to come on board the Kertih Plastics Park (KPP) next year.

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Cobra Venture Corporation Announces Project Update

Published December 1, 2008, 2:49 pm, CCNMatthews via Yahoo! Finance

VANCOUVER, BRITISH COLUMBIA-- - Cobra Venture Corporation -

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King hails Russia ties

Published December 1, 2008, 2:38 pm, Gulf Daily News

moscow: His Majesty King Hamad yesterday received Russian Chamber of Commerce and Industry president Yevgeny Primakov at his residence in the Russia capital.

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Baghdad targets $5bn Gulf trade

Published December 1, 2008, 2:37 pm, Gulf Daily News

IRAQ is hoping to increase its trade with the Gulf from $3.3 billion to $5bn, a top government official said yesterday. Iraq Under-Secretary for Trade Soiba Nasraddin said the country was looking to reactivate economic and trade co-operation with Bahrain and there were many opportunities to be had.

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Background Note: Nigeria

Published December 1, 2008, 1:53 pm, Scoop.co.nz

Geography Area: 923.8 thousand sq. km. (356,700 sq. mi.) about the size of California, Nevada, and Arizona. Cities: Capital --Abuja (pop. est. 452,000).

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BP Agrees to Back Expansion of CPC

Published December 1, 2008, 12:49 pm, St. Petersburg Times

MOSCOW — BP said Friday that it would back the long-delayed expansion of the CPC pipeline from Kazakhstan to Russia as early as December if it faces no obstacles in selling its stakes in the venture.

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Used Machinery Sales Online: EquipmentAlley.com From CNH Capital Opens the Bidding

Published December 1, 2008, 12:23 pm, Marketwire via Yahoo! Finance

A new international Web portal, www.EquipmentAlley.com, is bringing live bidding to the used agricultural and construction equipment industries. Equipment Alley(SM) is a centralized source to find, buy, list and sell used agricultural and construction equipment that goes beyond the borders of nations and brands.

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FDI cap increase may bring in Rs 7,000 cr to insurance sector

Published December 1, 2008, 12:02 pm, Business Standard India

The Union Government’s recent approval to the insurance Bill, which proposes, among other things, to raise the cap on foreign direct investment (FDI) to 49 per cent from 26 per cent for private sector insurance companies, is expected to bring around Rs 7,000 crore into the industry, according to industry representatives.

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