Reuters Daily Investor Update: August 22, 2017

Categories: Press releases Age: 7 until 13 year 14 until 18 year 19 until 30 year 31 until 64 years 65 and older

7 years ago

Html
Text

Tuesday, August 22, 2017

U.S. regulators propose delaying stricter rules for smaller banks

WASHINGTON (Reuters) - U.S. bank regulators proposed on Tuesday holding off on implementing stricter capital rules for smaller banks while the agencies review ways to simplify requirements for less complex institutions.

Wall Street rises on hopes for tax reform

NEW YORK (Reuters) - U.S. stocks ended up on Tuesday, with each of the three major indexes posting their best one-day percentage gains in over a week, as lawmakers' comments on tax reform and the debt ceiling boosted investor optimism.

Blackstone explores IPO of Gates Global: sources

(Reuters) - Private equity firm Blackstone Group LP is exploring an initial public offering (IPO) of Gates Global LLC, three years after it acquired the U.S. auto parts and building products maker for $5.4 billion, people familiar with the matter said on Tuesday.

Chevron CEO Watson to step down by next month: source

HOUSTON (Reuters) - Chevron Corp Chief Executive John Watson will step down by next month and likely be replaced by Vice Chairman Mike Wirth, a source familiar with the matter told Reuters on Tuesday.

Brazil sees Eletrobras privatization boosting sector, shares soar

BRASILIA/RIO DE JANEIRO (Reuters) - Brazil's plan to privatize power holding company Centrais Elétricas Brasileiras SA could help lure investment into the industry rather than simply help cut the budget deficit, officials said on Tuesday as the move sparked a surge in shares of state-controlled firms.

Berkshire Hathaway no longer faces risk of S&P downgrade

(Reuters) - Warren Buffett's failure to clinch a $9 billion takeover of the Texas utility Oncor prompted S&P Global Ratings on Tuesday to say the billionaire's Berkshire Hathaway Inc is no longer at risk of a credit rating downgrade.

Oil prices climb as traders eye another U.S. crude drawdown

NEW YORK (Reuters) - Oil inched up on Tuesday, lifted by expectations of another crude stockpile drawdown in the United States but price gains were limited amid the reopening of Libya's largest oil field.

U.S. targets Chinese, Russia entities for helping North Korea

WASHINGTON (Reuters) - The United States on Tuesday imposed new North Korea-related sanctions, targeting Chinese and Russian firms and individuals for supporting Pyongyang's weapons programs, but stopped short of an anticipated focus on Chinese banks.

U.S. Justice Department seeks $11 million forfeiture from firms with ties to North Korea

WASHINGTON (Reuters) - The United States said Tuesday it is seeking forfeitures of $11 million from companies that allegedly laundered money for North Korean banks that are subject to U.S. sanctions.

China urges U.S. to fix 'mistake' of sanctioning firms over North Korea

WASHINGTON (Reuters) - The United States should "immediately correct its mistake" of imposing unilateral sanctions on Chinese companies and individuals to avoid damaging bilateral cooperation, a Chinese embassy spokesman said on Tuesday.

Reuters Daily Investor Update: August 22, 2017

Share on

Other newsletters from Reuters.com

Related newsletters

View other categories