Walmart to Reinstate Mask Mandate for Store Workers in Counties at High Covid Risk 

The retail giant's move-for U.S. counties deemed at high risk of Covid-19 transmission-is another sign that federal guidelines issued earlier this week have wide business implications.

Big Oil Companies, Back in the Money, Keep Spending Tight 

Exxon and Chevron reported strong profits as some economies recover from the pandemic, but the oil giants, like their European counterparts, preach capital discipline.

Amazon Hit With Record EU Privacy Fine 

The fine, which Amazon disclosed Friday in a securities filing, was issued two weeks ago by Luxembourg's privacy regulator and accompanied by an order to revise certain business practices that Amazon didn't specify.

Colgate-Palmolive Profit Rises in 2Q 

Colgate-Palmolive Co. said Friday that profit rose in the second quarter, benefiting from a rise in revenue, but cost pressures are expected to continue into the second half of the year.

Procter & Gamble Warns of Higher Costs and Slower Sales 

The consumer goods company gave a somber outlook for the year ahead, predicting slower sales and historically high costs for raw materials and transportation as inflation picks up and the global health crisis continues.

Tesla Battery Catches Fire at Utility Storage Project in Australia 

The fire broke out where France's Neoen SA is installing 210 Tesla Megapacks as part of a 300-megawatt battery storage project.

Ontario Pension Fund, Goldman Sachs Agree to Buy Covid-19 Test Provider 

The deal to buy a majority stake in Germany-based Amedes, which provides medical-diagnostic services, is expected to close by the end of the year.

Polaris Considers More Price Increases 

Polaris Inc.'s finance chief is weighing additional price increases and adding suppliers as part shortages dent the sports-vehicle maker's retail sales.

Sale of World's Oldest Lender Would Soothe Italy's Banking Woes 

Banca Monte dei Paschi, the world's oldest bank and a festering wound of Italy's financial system, may finally be heading for a sale after UniCredit said it is entering into exclusive talks with Rome on a possible takeover.

UniCredit Profit Beats Estimates 

UniCredit posted profit and revenue well ahead of analysts' estimates for the second quarter, with loan loss provisions down from the high levels seen last year.


(END) Dow Jones Newswires

July 30, 2021 13:00 ET (17:00 GMT)

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