Europe hopes to ride its own Internet wave

Article Abstract:

Many European portfolio managers think that the time to invest in shares of European Internet and technology stocks has arrived. There are relatively few Internet-related investment opportunities in Europe, but share prices are relatively low, compared to opportunities in the US. A plethora of summer 1999 initial public offerings has drawn investor attention to the European Internet/technology sector.

On-Line Information Services, Videotex & Teletext, Organizational history, Securities prices, Statistical Data Included, Europe, High technology industry, Computer software industry, Software industry, Internet software, Online services, Internet services

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Abu Dhabi sets investment code: in bid to soothe the West, letter says its funds won't fuel political aims

Article Abstract:

In a letter sent to the U.S. Treasury and other Western finance ministries, the United Arab Emirates pledges it will not use revenues from its investments abroad for political aims. Article discusses political and national security issues related to foreign wealth funds in the United States and Europe.

Product standards, safety, & recalls, Government expenditures, Standards, Economic policy, Emirian foreign relations

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The new deal diplomacy: sovereign-wealth funds buy small stakes and keep quiet, winning over some skeptics

Article Abstract:

Political, economic, and national security issues related to Middle Eastern and Asian state-managed funds' investments in Western countries are analyzed. Article discusses Abu Dhabi's recent acquisition of a 4.9 percent stake in US-based Citigroup Inc.

Acquisitions & mergers, Financial management, Securities issued, listed, Mergers, acquisitions and divestments, Company acquisition/merger, Company investment, Investments, Foreign corporations, Citigroup Inc., Company securities, C, Foreign ownership

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