Russian Private Company Bonds Beating Government Debt
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Russian Private Company Bonds Beating Government Debt
Bonds sold by non-state companies in Russia from OAO Mobile TeleSystems to TNK-BP beat debt of government-controlled borrowers by as much as 4.7 percentage points in the past month as the nation’s economic recovery increases demand for higher-yielding assets.
Read more on BusinessWeek
U.A.E.’s Du to Profit After It Intensified Competition With Rival Etisalat
Du, or Emirates Integrated Telecommunications Co ., probably increased profit in the second quarter as it intensified competition with the United Arab Emirates’ other state-controlled phone company.
Read more on Bloomberg
