Disney raises U.S. theme park prices up to 9.6 percent
(Reuters) – Walt Disney Co raised single-day admission prices as much as 9.6 percent at its theme parks in Florida and California, in a pattern of annual price increases at the company’s popular U.S. resorts.
Airbus, Boeing battle over long-haul jets heats up
CAPE TOWN (Reuters) – The battle between Airbus and Boeing over their next-generation of long-haul jets is heating up, with a string of major airlines flagging plans on Monday to place multi-billion dollar orders.
U.S. expands search team in GMO wheat investigation
WASHINGTON, SEOUL (Reuters) – The United States has expanded its search team in Oregon as it hunts for the source of unapproved genetically modified wheat found growing wild on a farm there in April.
Fairholme reports stake in Fannie, Freddie; wants restructuring
WASHINGTON (Reuters) – Fairholme Capital Management said on Monday that it has acquired a combined $2.4 billion stake in the preferred shares of Fannie Mae and Freddie Mac , making a long-shot bet that the government-controlled mortgage finance firms w…
Investor redemptions shrink Steven Cohen’s SAC Capital
NEW YORK (Reuters) – Steven A. Cohen’s SAC Capital Advisors, by the end of Monday, will be on its way to becoming a much smaller hedge fund.
Rosneft in no rush to sell assets: CFO
MOSCOW/LONDON (Reuters) – Russia’s Rosneft is under no pressure to sell assets to fund debt repayments and will decide how to streamline its business once cost savings from a takeover of rival TNK-BP become clear, its finance chief said on Monday.
Manufacturing activity contracts in May to four-year low
NEW YORK (Reuters) – The manufacturing sector contracted in May, driving activity to the lowest level in nearly four years, in the latest sign the economy is encountering a soft patch.
Airlines agree on plan to offset emissions
CAPE TOWN (Reuters) – Global airlines have agreed on a proposal for tackling aircraft emissions in a bid to break international deadlock over an issue that has stoked fears of a carbon trade war.
Dental pioneer Nobel Biocare seeks way back to sales success
ZURICH (Reuters) – When Swede Goesta Larsson died in 2006, the titanium screw-in teeth put in his mouth more than 40 years earlier were still in good working order.
Banks to repay 4 billion of ECB’s crisis loans next week: Reuters poll
BANGALORE (Reuters) – Banks are expected to repay 4 billion euros ($5 billion) of their three-year crisis loans to the European Central Bank next week, according to a Reuters poll of euro money market traders taken on Monday.
