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Ryanair to raise fares after profits dip amid Italy abuse fine
Posted onRyanair is to raise its fares following a fall in quarterly profits after being fined by Italy’s competition watchdog for abusing its market position. The budget airline posted pre-tax profits of €24.4 (£21.2m) for the three months to December, an 83% drop from the same period the previous year. But the company remained confident saying…
Japan movie releases postponed in China after Taiwan row
Posted onThe releases of at least two popular Japanese films have been postponed in China as the countries are locked in a dispute over Prime Minister Sanae Takaichi’s remarks about Taiwan. The delayed releases include Cells at Work! and Crayon Shin-chan the Movie: Super Hot! The Spicy Kasukabe Dancers, Chinese state media CCTV said. Cinema tickets…
Trump picks Kevin Warsh to lead the US Federal Reserve
Posted onWarsh, a 55-year-old economist, is a fellow at the right-leaning Hoover Institution and serves on the board of courier UPS. He has been an outspoken Fed critic, lambasting everything from the central bank’s heavy reliance on data to its use of assets on its balance sheet.
