DUBLIN (Reuters) -Ryanair's net profit more than doubled in its April-June quarter, thanks to the timing of Easter holidays and better-than-expected last-minute fares, Europe's largest low-cost carrier said on Monday.
The Irish airline, Europe's largest by passenger numbers, reported a net profit of 820 million euros ($953 million) for the first quarter, up from 360 million euros in the same period last year when Easter was in March.
By Yoruk Bahceli and Stefano Rebaudo
LONDON (Reuters) -The European Central Bank is set to pause for breath on Thursday after eight consecutive interest rate cuts, with the prospect of steeper-than-expected U.S. tariffs looming.
The threat tariffs pose to the euro zone is big but there's still little certainty about them, so the question is what happens next.
"All the focus goes to September," said Societe Generale senior... (continue reading...)
By Farah Master and Samuel Shen
HONG KONG/SHANGHAI (Reuters) -China's Premier Li Qiang announced construction had begun on what will be the world's largest hydropower dam, on the eastern rim of the Tibetan Plateau, at an estimated cost of at least $170 billion, the official Xinhua news agency said.
Commencement of the dam, China's most ambitious hydropower project since the Three Gorges Dam on the Yangtze, was seized by Chinese markets as... (continue reading...)
A look at the day ahead in European and global markets from Wayne Cole
As far as investors are concerned, Japan's upper house election has been a sell on the rumour, buy (a little) on the fact.
Japanese markets are closed for the Marine Day public holiday so liquidity has been lacking, but so far the yen is up a shade on the dollar and euro while Nikkei futures traded in Chicago are much in line with Friday's cash close. Wall Street futures... (continue reading...)
By Jun Yuan Yong
SINGAPORE (Reuters) -Singapore's central bank will place S$1.1 billion ($856.36 million) with three asset managers as part of a S$5 billion programme to boost the stock market, it said on Monday, with more co-investments to be announced late this year.
The move comes as part of an ongoing probe into the local stock market by the Monetary Authority of Singapore and a review group set up in August last year, with the aim of... (continue reading...)
More Reuters
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Japan PM Ishiba vows to stay on after bruising election defeat
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South Korea industry minister says US tariff talks in critical phase
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Vietnamese coastal provinces on emergency footing as Typhoon Wipha nears
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Alaska Airlines grounds all flights after IT outage disrupts systems
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Russia launches new barrage of drones, missiles at Ukraine, kills one in Kyiv
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Exclusive-Trump pledged to save Afghans. But UAE had already sent some evacuees back, cable shows
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South Korea reviewing various options to improve North Korea ties
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Indian rupee to track dollar recovery, bond market focused on rate cut bets
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China leaves benchmark lending rates unchanged, as expected
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Oil prices little changed as investors eye impact of new sanctions on Russia
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Asia stocks, yen look past Japan politics as earnings loom
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Yen takes Japan election in stride even as uncertainty beckons
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Microsoft alerts businesses, governments to server software attack
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New Zealand annual inflation quickens but below economists' forecast
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Rightmove reports record fall in July UK property prices
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UK to hold inquiry into miners strike 'Battle of Orgreave' four decades on
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UK consumer sentiment suffers first big fall in nearly 3 years, Deloitte says
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Australia's Abacus Storage King opens books for $1.41 billion takeover bid
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Trump threatens Washington stadium deal unless NFL team readopts Redskins name
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Ecuador gang leader 'Fito' to plead not guilty in US after extradition
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Pakistan arrests 11 suspects after viral video of couple shot dead in the name of `honour`
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Japan ruling party's election loss is in the price, investors say
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'Japanese First' party emerges as election force with tough immigration talk
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Commerce Secretary Lutnick says he is confident US will secure trade deal with EU
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Trump, Xi might meet ahead of or during October APEC summit in South Korea, SCMP reports
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Ex-Epstein lawyer calls for release of additional Epstein materials
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Investors on Japan's upper house election outcome
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Trump says he will help Afghans stuck in the UAE
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South Korea national security adviser travels to Washington ahead of tariff deadline
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Kenyan police arrest rights activist Mwangi over role in deadly protests
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Pope Leo calls for end to 'barbarity of war' after strike on Gaza church
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China's Zeekr says it did not sell or register zero-mileage used cars
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Israeli fire kills 67 people seeking aid in Gaza, medics say, as hunger worsens
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Iran says it has replaced air defences damaged in Israel war
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Kremlin says Putin is ready to discuss peace in Ukraine but wants to achieve goals
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Iran to hold nuclear talks with European powers on Friday
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South Korean prosecutors seek drone chief's arrest over operation in North
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Calm reported in Syria's Sweida, Damascus says truce holding
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Russia says it downed 142 Ukrainian drones, including 27 over Moscow region
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Greeks mourn, Turks celebrate anniversary of invasion that split Cyprus
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Earthquake of 7.4 magnitude strikes off Russia's Kamchatka region, tsunami warning lifted
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China's exports of rare earth magnets to the US surge in June
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Death toll from Vietnam tourist boat accident climbs to 38
