The Walt Disney Co. and Hong Kong have reached a deal to expand the territory’s Disneyland at a cost of nearly $465 million in hopes of boosting the theme park’s fortunes, officials announced Tuesday.
Monthly archives for June, 2009
Quelle gets government credit to stay afloat (AP)
German authorities have agreed to give a euro50 million credit line to Quelle GmbH, the mail-order unit of insolvent department store owner Arcandor AG, to keep its business afloat.
Malaysia relaxes foreign investment rules (AP)
Malaysia took a big step Tuesday to liberalize its economy, relaxing a host of restrictions on foreign investment, including a controversial rule requiring businesses to be partly owned by ethnic Malays.
UCLA Anderson School of Management Announces 2009 Gerald Loeb Award Winners (Business Wire)
NEW YORK—-Journalists from across the nation gathered tonight at the New York Athletic Club for the 2009 Gerald Loeb Awards Banquet. The Loeb Awards are among the highest honors in journalism, recognizing the work of journalists whose contributions illuminate the world of business, finance and the economy for readers and viewers around the world.
Research and Markets: China’s Economic Stimuli: The Impact on the Energy Economy and Related Industries (Business Wire)
DUBLIN—-Research and Markets has announced the addition of GlobalData ‘s new report “China’s Economic Stimuli: The Impact on the Energy Economy and Related Industries” to their offering.
Japan unemployment rises to 5.2 percent in May (AP)
Japan’s unemployment rate rose to a five-year high of 5.2 percent in May, the government said Tuesday. The country’s jobless rate worsened from 5.0 percent in April, indicating that while Japanese companies may be starting to recover, their workers remain vulnerable to job and wage insecurities.
Testing shows no new Neb. bovine TB cases (AP)
Nebraska agriculture officials say the results of the first week of testing for bovine tuberculosis have come back negative.
Brazil extends tax exemptions to revive economy (AP)
Brazil is extending a tax-exemption program for vehicles, construction materials and household appliances to speed up the recovery of Latin America’s biggest economy.
Bond yields fall ahead of this week’s key economic reports (CNNMoney.com)
Treasury prices rose Monday as investors brace for several key economic reports due out later in the week.
Fed works to speed solar development in Southwest (AP)
The federal government’s top land steward said Monday that the United States will fast-track efforts to build solar power generating facilities on public space in six Western states.