Ryanair sees annual loss near the middle of forecast range
BRUSSELS – Ryanair expects its loss for the just-ending financial year at around the middle of its forecasted range and is well placed for next year depending on traffic recovery…
BRUSSELS – Ryanair expects its loss for the just-ending financial year at around the middle of its forecasted range and is well placed for next year depending on traffic recovery…
By Seher Dareen (Reuters) – A rally in oil is set to continue with prices staying well above $100 this year as a parched market struggles to wean itself off…
By Balazs Koranyi FRANKFURT -Inflation continued to surge across Europe’s biggest economies this month while growth took a hit, leaving households poorer as they picked up the bill for soaring…
(Reuters) -Russia’s finance ministry has paid 50.2 billion roubles ($616 million) in coupons on seven OFZ treasury bond issues, data on its website showed. The payments come as the finance…
SHANGHAI -Tesla has cancelled plans to resume production at its Shanghai factory on Friday and Saturday, an internal notice seen by Reuters showed, further delaying reopening of the manufacturing hub…
By Jason Xue and Xie Yu SHANGHAI/Hong Kong – China’s securities regulator said on Thursday both China and the United States have a willingness to solve their audit disputes, and…
By Leika Kihara and Junko Fujita TOKYO – Japan’s central bank on Thursday pledged to ramp up scheduled bond purchases in the second quarter, signalling it will continue to aggressively…
HONG KONG – Hong Kong’s retail sales fell in February after 12 straight months of growth as a wave or COVID-19 infections hit the city and anti-epidemic measures weakened consumer…
By Giulio Piovaccari TURIN -A Stellantis van plant in Russia will have to close shortly as it is running out of parts, the company’s chief executive Carlos Tavares said on…
BANGKOK – Thailand’s economic activity in March came under pressure from rising coronavirus infections and higher inflation driven by increasing energy prices, after a recovery in the previous month, the…
By Victoria Waldersee, Jan Schwartz and Nadine Schimroszik BERLIN – As Tesla kicks off production at its new German plant this month, Volkswagen is weeks away from finalising plans for…
By Foo Yun Chee BRUSSELS – Regulators are looking to update rules, which target companies abusing their market power and those setting up illegal cartels, to make them more efficient,…
By Huw Jones LONDON – A new global standard setter for company sustainability reporting set out its first draft guidelines on Thursday, entering a crowded field as trillions of dollars…
(Reuters) – Major Russian oil refiners have told the Energy Ministry they expect to make deeper cuts to refinery runs in the coming weeks due to overstocking after a sharp…
(Reuters) – Moody’s said on Thursday it has withdrawn all ratings on Russia and its rated Russian sub-sovereign entities. The company said it had decided to withdraw the ratings for…
FRANKFURT – Euro zone inflation is increasingly likely to stabilise around 2% but the European Central Bank should be ready to change course if the outlook deteriorates due to Russia’s…
ZURICH – Zurich Insurance on Thursday said it aimed to achieve net-zero greenhouse gas emissions in its own operations by 2030, bringing forward its target by 20 years. “Zurich Insurance…
By David Lawder WASHINGTON -The United States will vigorously defend its economic interests and values against the negative impacts of China’s economic policies as Beijing doubles down on its state-centered…
By William Schomberg and Andy Bruce LONDON -Britain’s economy grew more quickly than previously thought in late 2021 but the increase was largely due to COVID-related activity in the health…
ISTANBUL – The World Bank said on Wednesday it had approved a loan of $341.27 million as part of a project to support Turkey’s agricultural sector and encourage the use…
FRANKFURT – German drugmaker Bayer said it would invest around 2 billion euros ($2.23 billion) at pharmaceutical manufacturing sites over the next three years, mainly to bolster production of biotechnology…
A look at the day ahead in markets from Saikat Chatterjee. Whether you are a macro-guru or an astute stock picker, this is a quarter that most investors would like…
(Reuters) – Air France-KLM will renew the mandate of CEO Ben Smith for an additional five years, the Franco-Dutch airline group said in a statement on Thursday. The group added…
MINNEAPOLIS – Attorney General Merrick B. Garland today announced the appointment of 12 U.S. Attorneys to serve on the Attorney General’s Advisory Committee of U.S. Attorneys (AGAC). Created in 1973,…
By Anirban Sen and Pamela Barbaglia (Reuters) – The value of global merger and acquisition (M&A) activity took a 29% hit in the first quarter of 2022 as market volatility…