Sunday, August 1, 2021

Financial Post

Financial Post


U.S. will not lock down despite surge driven by Delta variant, Fauci says

Posted: 01 Aug 2021 09:35 AM PDT

WASHINGTON -- The United States will not lock down again to curb COVID-19 but "things are going to get worse" as the Delta variant fuels a surge in cases, mostly among the unvaccinated, top U.S. infectious disease expert Dr. Anthony Fauci said on Sunday. Read More

Box Office: ‘Jungle Cruise’ Docks With $34 Million in Theaters, $30 Million on Disney Plus

Posted: 01 Aug 2021 09:24 AM PDT

LOS ANGELES, Aug 1 (Variety.com) - "Jungle Cruise" completed its first voyage with $34.2 million in theatrical ticket sales and another $30 million on Disney Plus, leading the competition in North America. Read More

U.S. senators predict passage of infrastructure bill this week, but still waiting for final text

Posted: 01 Aug 2021 09:11 AM PDT

WASHINGTON -- The U.S. Senate reconvened on Sunday to finalize legislative text and forge ahead with a sweeping $1 trillion spending plan for roads, rail lines, communications networks and other infrastructure, with some senators predicting final passage later this week. Read More

U.S. senators predict passage of infrastructure bill this week, but still waiting for final text

Posted: 01 Aug 2021 08:46 AM PDT

WASHINGTON -- U.S. senators said they expect to see final text on Sunday for a sweeping $1 trillion spending package for roads, rail lines, communications networks and other infrastructure, predicting final passage later this week. Read More

Brazilian cement makers CSN, Apodi, Mizu, Votorantim, Intercement bid for LafargeHolcim assets -sources

Posted: 01 Aug 2021 08:46 AM PDT

SAO PAULO -- Brazilian cement makers CSN Cimentos, a subsidiary of steelmaker CSN SA; Cimentos Mizu; and Cimento Apodi, in which Titan Cement International has a stake, are among the bidders for assets LafargeHolcim Ltd has put up for sale, two people with knowledge of the matter said. Read More

Egypt, Algeria agree on full support for Tunisian president – statement

Posted: 01 Aug 2021 08:10 AM PDT

CAIRO -- Egyptian President Abdel Fattah al-Sisi agreed with Algerian Foreign Minster Ramdane Lamamra on Sunday on full support for Tunisian President Kais Saied, the Egyptian presidency said, amid a political crisis in Tunisia. Read More

Zoom reaches $85 mln settlement of lawsuit over user privacy, ‘Zoombombing’

Posted: 01 Aug 2021 08:04 AM PDT

Zoom Video Communications Inc agreed to pay $85 million and bolster its security practices to settle a lawsuit claiming it violated users' privacy rights by sharing personal data with Facebook, Google and LinkedIn, and letting hackers disrupt Zoom meetings in a practice called Zoombombing. Read More

Israel’s Bank Hapoalim to pay dividend after regulator nod

Posted: 01 Aug 2021 07:52 AM PDT

JERUSALEM -- Israel's Bank Hapoalim says it will pay a cash dividend of 616.8 million shekels ($191 million), or 30% of 2020 net profit, on Aug. 18. The announcement by Hapoalim, Israel's second-largest bank, comes after Israel's banking regulator in mid-July told lenders they could resume paying dividends, but recommended a limit of 30% of 2020 profits since a level of economic uncertainty remains. Read More

U.S. senators expect infrastructure bill text on Sunday, predict passage this week

Posted: 01 Aug 2021 07:32 AM PDT

WASHINGTON -- U.S. senators said they expect to see final text on Sunday for a sweeping $1 trillion package for roads, rail lines and other infrastructure, predicting final passage later this week. Read More

Fauci says he expects no new U.S. lockdowns despite surging Delta cases

Posted: 01 Aug 2021 07:28 AM PDT

WASHINGTON -- President Joe Biden's chief medical adviser Dr. Anthony Fauci said on Sunday he does not expect the United States will return to lockdowns, despite the growing risks of COVID-19 infections posed by the Delta variant. Read More

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