Surfing-Australia’s Gilmore, Robinson win in Mexico, WSL Finals set

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August 13, 2021 (Reuters) – Australia’s seven-time world champion Stephanie Gilmore booked a spot in next month’s World Surf League Finals after winning the Corona Open in pumping Mexican waves on Friday. On the men’s side, Australian rookie Jack Robinson won his first World Championship Tour (WCT) event after top level surfing returned to Barra De La...

Golf-Poor form leaves Fowler in unfamiliar place: ‘it’s a bummer’

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August 13, 2021 (Reuters) – Rickie Fowler will miss the FedExCup Playoffs for the first time in his 12-year PGA Tour career after failing to make the cut at the Wyndham Championship in Greensboro, North Carolina on Friday and said he is determined to put in the work to regain his form. Fowler needed to finish 21st...

Disney’s recovery ride hinges on Delta as theme parks swing to profit

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August 13, 2021 By Eva Mathews and Subrat Patnaik (Reuters) – Walt Disney Co’s path to a sustained recovery in its theme parks business will rest on one question: Can the entertainment giant keep its parks open for the rest of the year? Disney’s chief financial officer, Christine McCarthy, said on Thursday the company’s theme parks were...

Pfizer, Moderna seen reaping billions from COVID-19 vaccine booster market

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August 13, 2021 By Michael Erman NEW YORK (Reuters) -Drugmakers Pfizer Inc, BioNTech and Moderna Inc are expected to reap billions of dollars from COVID-19 booster shots in a market that could rival the $6 billion in annual sales for flu vaccines for years to come, analysts and healthcare investors say. For several months, the companies have said they expect that...

U.S. workplace regulator says vaccinated workers should wear masks

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August 13, 2021 By Daniel Wiessner (Reuters) – The U.S. agency that regulates workplace safety issued guidance on Friday urging employers to require many fully vaccinated workers to wear masks to protect unvaccinated colleagues and customers, amid a surge in COVID-19 cases.     The Occupational Safety and Health Administration (OSHA) recommended that workers wear masks “in areas of...

Cuba dips toe in market economy with legalization of small businesses

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August 13, 2021 By Marc Frank HAVANA (Reuters) – Thousands of small and medium-sized Cuban businesses will be allowed to incorporate in the coming months, in one of the most important economic reforms taken by the island’s Communist government since it nationalized all enterprises in the 1960s. The reform, details of which came to light this week, will...

Dollar retreats as consumer sentiment dives

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August 13, 2021 By Saqib Iqbal Ahmed and Saikat Chatterjee NEW YORK (Reuters) – The U.S. dollar fell to a one-week low against a basket of currencies on Friday, after a survey showed U.S. consumer sentiment dropped sharply in early August, raising worries of a dent in economic activity. The University of Michigan said its preliminary consumer sentiment...

U.S. consumer sentiment plummets in early August to decade low

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August 13, 2021 By Evan Sully and Lindsay Dunsmuir (Reuters) -U.S. consumer sentiment dropped sharply in early August to its lowest level in a decade, in a worrying sign for the economy as Americans gave faltering outlooks on everything from personal finances to inflation and employment, a survey showed on Friday. The unexpected reading could give Federal Reserve policymakers pause if it...

Dow, S&P close at records as Disney offsets drop in sentiment

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August 13, 2021 By Chuck Mikolajczak NEW YORK (Reuters) – The Dow Industrial and S&P 500 edged up to closing records on Friday and notched a second straight week of gains, buoyed by a climb in Walt Disney shares, but a sharp drop in consumer sentiment kept gains in check. Walt Disney rose 1.00% as one of...

IBM to allow only fully vaccinated to return to U.S. offices from September 7

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August 13, 2021 (Reuters) – International Business Machines Corp said on Friday that it would allow only fully vaccinated U.S. employees to return to offices, which are set to open from Sept. 7, given the rapid spread of the Delta variant of COVID-19. “We will still open many of our U.S. sites, where local clinical conditions allow,...