COMPANIES Carnival, the world's largest cruise ship operator, has underscored the tough trading conditions in the leisure sector after being forced to cut its full-year outlook because of offering sharp discounts to fill its ships.
The company, listed in New York and London, has reduced the 2009 guidance for its earnings per share to $2.10 to $2.30, compared with its previous expectations of $2.25 to $2.75.
