Fitch is allowing itself until the first quarter of 2014 to determine if US credit rating needs to be downgraded.
Sovereign wealth funds
Dismissal of eminent domain case appealed to higher court
Richmond resident trustees have filed an appeal on a decision made by US District Judge Charles Breyer dismissing the eminent domain case.
House GOP leaders approve Senate proposed deal
According to officials who sought anonymity, House Speaker John Boehner and other Republican leaders in the House would approve the Senate drafted deal on the debt ceiling and the budget.
US Senators reach deal to end shutdown
The bipartisan leaders of the US Senate had finally agreed to end the partial shutdown of the United States and raise its borrowing authority, said a report from Bloomberg.
Serbian delegation to meet in Abu Dhabi for loan agreement
Serbia's committee for economic cooperation would be travelling to the UAE to discuss a loan agreement.
Latest News
The Aluminum Corporation of China Ltd or Chalco had announced the sale of its shareholdings in the Guinea venture with Rio Tinto.
A Wall Street Journal report said that Citigroup and State Street were already preparing for a possible debt default by the US government.
Trafigura Beheer and Mubadala Development would be purchasing a controlling stake in PortCo, a unit of MMX Mineracao & Metalicos.
The Wall Street Journal reported that China could allow foreign companies to sell shares in the free trade zone in Shanghai.
A snow storm in South Dakota killed thousands of cattle and caused tens of millions in losses. A sudden storm that came earlier than winter decimated thousands of cattle in South Dakota.
Xerox Corp said the glitch that affected food stamp beneficiaries in 17 states was caused by a temporary shutdown of the system after a test was performed.
Food stamp recipients went for a two-hour shopping spree in Louisiana after a glitch removed spending limits on their cards.
By utilizing shale gas reserves in the country, Saudi Arabia can use the now popular energy resource for local purposes and use its oil for exclusively for export purposes.
The Indian government would be investing INR 110 billion for the improvement of the water supply infrastructure in its villages.
