Russian diamond company Alrosa announced on Wednesday that it has planned to sell 14% of its stake on the Moscow bourse.
Sovereign wealth funds
ZCCM Investment Holdings to pay off debt, invest through share sale proceeds
ZCCM Holdings said it would be offering stock for sale to existing stakeholders to help pay off debt and fund new investments.
Doctor, hospital search tools remains unavailable in California's insurance exchange
The doctor and hospital insurance exchange tools were still not available on California's new insurance exchange marketplace.
Maryland winner wins USD 189 Mega Millions ticket
The winning ticket for the Mega Millions jackpot of USD 189 million was bought in Maryland. A ticket holder from Maryland won the Mega Millions jackpot worth USD 189 million.
US, South Korea consider delay of US wartime command to SoKor's troops
US and South Korea discussed the possibility of delaying wartime control transfer to South Korea's troops amidst fears of North Korea's weapons of mass destruction capabilities.
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The US government shutdown had started its first day after 17 years after US President Barack Obama and congressional Republicans failed to settle the budget issue before the deadline on Tuesday, said a Reuters report.
History showed greater economic performance after a shutdown, but there are many issues after that which need action from government.
Stock market indices rose and long term instruments fell as the market responded to the first government shutdown in 17 years.
Qatar Holdings, the investment arm of Qatar's sovereign wealth fund, bought the 12% stake of NYSE Euronext in the Qatar Exchange.
Sovereign wealth funds put their bets on alternative assets to enhance returns. A survey by investment management services firm Invesco Ltd revealed that sovereign wealth funds were putting money in alternative assets to improve their returns.
Nigerian President Goodluck Jonathan handed control of 14 power companies formerly owned by the state to private investors.
Government soldiers in Mali and separatist rebels exchanged gunfire in the northern town of Kidal on Sunday, escalating violence in the African nation.
As the US Capitol registered no activity on the possibility of a government shutdown, a report outlined some possible financial effects if it finally occurred.
A National Journal report said the US government would be headed for a shutdown if the two houses of Congress still won't come to an agreement on Obamacare.
