Walt Disney Co. studio chief Dick Cook resigns after 38 years with the companySeptember 18th, 2009 New era for Disney as studio chief steps downBURBANK, Calif. — A new era has begun for the Walt Disney Co.
Bank launches world's first $150 note in Hong KongSeptember 8th, 2009 HONG KONG - A bank Wednesday marked its 150th anniversary in Hong Kong by launching what it claimed to be the world's first 150-dollar bank notes. Standard Chartered Plc, one of three note-issuing banks in the wealthy city of seven million, has printed 1 million of the 150-Hong-Kong-dollar notes, worth $19.35 each.
11 injured in Hong Kong acid attackSeptember 7th, 2009 HONG KONG - Eleven people were injured when a man threw acid during an altercation Sunday in a bustling market district, the fourth such attack in Hong Kong this year. Local television reports said victims had to be carried on gurneys to ambulances, their heads covered in bandages.
Disney to acquire Marvel Entertainment for $4 billion in cash and stockAugust 31st, 2009 Disney to acquire Marvel for $4 billionLOS ANGELES — The Walt Disney Co. says it is acquiring Marvel Entertainment Inc.
Hong Kong lawmakers discuss plan to expand DisneylandJuly 4th, 2009 HK lawmakers discuss Disney expansion planHONG KONG — Hong Kong lawmakers said Saturday they would be unwilling to approve a plan to expand the city's Disneyland unless the government and Walt Disney Co. tell them how the theme park has performed since it opened in 2005.
Walt Disney Co. to boost Hong Kong park with $465 million massive expansion planJune 30th, 2009 HONG KONG — The Walt Disney Co. and Hong Kong have reached a deal to expand the territory's Disneyland at a cost of about $465 million in hopes of boosting the theme park's fortunes, officials announced Tuesday.
Hong Kong and Disney Co. reach deal on $465 million expansion of struggling Disneyland parkJune 30th, 2009 Disney, Hong Kong reach $465M expansion dealHONG KONG — The Walt Disney Co. and Hong Kong's government have reached a deal to expand the territory's Disneyland theme park at a cost of about $465 million, officials announced Tuesday.
Hong Kong taxes plastic bag usageApril 23rd, 2009 HONG KONG - Hong Kong lawmakers Thursday approved a tax on every plastic bag handed out by supermarkets in the city as of July in a move to cut the mountain of waste created by the bags. The tax of 50 Hong Kong cents (6 US cents) will be levied from July 1 in a total of 2,000 shops, including every major supermarket, in the high-rise city of seven million.
Even Disney cuts jobs as people skip theme parksApril 5th, 2009 LOS ANGELES - The US economic downturn has begun to take its toll on the entertainment industry, with giant Walt Disney Co. axing 1,900 jobs from its theme parks in California and Florida.
Life not worth living without Internet, Hong Kong youngsters sayMarch 20th, 2009 HONG KONG - Life would be meaningless and not worth living without the Internet, nearly one in seven Hong Kong youngsters said in a survey released Friday. Just under 14 percent of 1,800 respondents aged 12 to 25 insisted they could not live without the Internet while 80 percent described it as essential.
Walt Disney pledges to preserve the planetMarch 19th, 2009 NEW DELHI - Media enterprise Walt Disney has pledged to preserve the planet by reducing greenhouse emissions and fuel use as part of its corporate social responsibility. The company plans to reduce its emissions, waste and its impact on water and ecosystems.
Dispute halts $500 mn expansion of Hong Kong DisneylandMarch 17th, 2009 HONG KONG - An anticipated $500 million expansion of Hong Kong's struggling Disneyland theme park has been put on hold, a news report said Tuesday. Disney has laid off 30 planners and halted all creative and design work on the expansion after learning the Hong Kong government had no timetable for the work, the South China Morning Post reported, citing unnamed sources.
Cigarette consumption rises in Hong Kong after smoking banJanuary 30th, 2009 HONG KONG - Cigarette consumption in Hong Kong is up almost 14 percent since a smoking ban was introduced in the city two years ago, a news report said Saturday. Government figures quoted by the South China Morning Post show that 3.79 billion cigarettes were bought in 2008, compared to 3.33 billion the previous year.
Hong Kong shares fall three percentJanuary 20th, 2009 HONG KONG - Hong Kong shares fell by almost three percent Wednesday as overnight losses on Wall Street and profit warnings from Chinese companies listed in the city deepened market gloom. The blue-chip Hang Seng Index ended the day down 376.14 points, or 2.9 percent, at 12,583.63.
Hong Kong Disneyland to have $500 million expansionDecember 22nd, 2008 HONG KONG - Hong Kong's struggling Disneyland theme park, the smallest Disney park in the world, is to grow by more than one third in a $500 million expansion, a news report said Tuesday. An extra 20 hectares of attractions and park are to be added to the site on Hong Kong's Lantau island to combat losses and criticism that the three-year-old theme park does not have enough rides.
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