UPDATE 1-Royal Caribbean profit rises but lowers view

(Reuters) - Royal Caribbean, the world's second-largest cruise operator
after Carnival Corp. , said second-quarter net profit
rose to $128.7 million, or 60 cents per share, from $122.4
million, or 57 cents per share, in the same quarter last year,
boosted by cost-cutting and the acquisition of Spanish cruise
line Pullmantur




Revenues rose to $1.5 billion from $1.3 billion, as the
addition of Pullmantur helped increase capacity by 12 percent.


Read more at Reuters.com Market News

Kenya says wins EU pledge of equal trade access

(Reuters) - Kenya has been promised the same level of access to European Union markets as received by its poorer neighbours Uganda and Tanzania once a new trade deal takes effect in 2008, Kenya's trade minister said on Tuesday.

The EU is negotiating new economic partnership agreements (EPAs) with African, Caribbean and Pacific (ACP) countries to replace the Cotonou Agreement that guarantees preferential access for their goods into Europe until the end of 2007.


Read more at Reuters Africa