Passengers wait to board an aircraft of low cost Irish airline Ryanair at the Berlin-Brandenburg airport in Schoenefeld near Berlin, Germany, on March 13, 2024.John Macdougall | Afp | Getty ImagesBudget airline Ryanair on Monday reported stronger-than-expected after-tax profit for the December quarter, but once more cut its passenger traffic goal for the fiscal year to the end of March 2026 amid Boeing delivery delays.Europe’s largest low-cost carrier posted after-tax profit of 149 million euros ($155.8 million) for the fiscal third quarter to the end of December, coming in comfortably above expectations. A company poll of analysts had anticipated 60…
Author: usaeverydaylife
European markets opened in negative territory on Monday, with investors in the region gearing up for a busy period of earnings and the European Central Bank’s latest interest rate decision.The Stoxx 600 index opened 0.7% lower, after notching a 1.2% weekly gain. Sectors were mixed, with telecom up 0.6% as technology shares plunged 3.82%.Weak tech performance was mirrored in Asia markets and U.S. futures, as the success of Chinese artificial intelligence startup DeepSeek sparked concerns over incumbent Wall Street giants’ global leadership in AI.Shares of budget airline Ryanair were up 2.4% after the company posted better-than-expected quarterly profit, but cut its…
A rebel militia backed by Rwanda has announced the capture of the city of Goma in eastern Democratic Republic of Congo, a major victory for the group and one of the most significant escalations in the conflict between the two countries in years.The militia, known as M23, briefly occupied Goma once before, in 2012, then was defeated and lay dormant for almost a decade. Now it has come roaring back, aiming to occupy the region for the long term and exploit its valuable rare minerals, according to United Nations experts.This time, M23 appears to be in a stronger position to…
A general view of the World Economic Forum (WEF) Annual Meeting as it convenes under the theme of ‘Collaboration for the Intelligent Age’ in Davos, Switzerland on January 20, 2025. Anadolu | Anadolu | Getty ImagesU.S. President Donald Trump has only been in office for a matter of days, but his impact on markets has already been significant.U.S. stocks notched back-to-back weekly gains last week, with the S&P 500 hitting new records on Friday.It comes after the U.S. leader called for lower interest rates and cheaper oil prices in a Thursday address at the World Economic Forum in Davos, Switzerland. Investors have also…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailPieter Elbers, CEO of IndiGo, discusses the airline’s third-quarter results. He says both domestic and international demand for air travel remains “very strong.” Source link
They have been circling each other carefully for seven days now — sending out invitations to talk, mixing a few jabs with ego-stroking, suggesting that the only way to end the Ukraine war is for the two of them to meet, presumably without the Ukrainians.President Trump and Vladimir V. Putin, whose relationship was always the subject of mystery and psychodrama in the first Trump term, are at it again. But it is not a simple re-run. Mr. Trump was unusually harsh in his rhetoric last week, saying Mr. Putin was “destroying Russia,” and threatening sanctions and tariffs on the country…
David Beckham sits down with CNBC’s Tania Bryer at the World Economic Forum 2025.David Beckham opened up about the “simple values” his parents taught him that he passed on to his children, in a conversation with CNBC host Tania Bryer at the World Economic Forum in Davos, Switzerland.The former soccer star attended the WEF for the first time to receive the Crystal Award for philanthropy, for his work protecting vulnerable children as a UNICEF goodwill ambassador since 2005.Bryer asked Beckham about where his passion to make a difference comes from and the values his parents taught him.”I think they instilled…
For the third straight season and for the fifth time in six years, the Kansas City Chiefs are returning to the Super Bowl. The two-time reigning champions held off the Buffalo Bills in a 32-29 thriller Sunday night in the AFC Championship Game and will look to make NFL history by winning three Super Bowls in a row. To do it, they’ll have to take down a familiar foe.The Philadelphia Eagles demolished the Washington Commanders 55-23 on Sunday in the NFC Championship Game and will look for vengeance against a Chiefs team that vanquished them in the Super Bowl two…
Step aside, Three Gorges Dam. China’s latest colossal infrastructure project, if completed, will be the world’s largest hydropower dam, high up in the Tibetan plateau on the border with India.China says the Motuo Hydropower Station it is building in Tibet is key to its effort to meet clean energy targets. Beijing also sees infrastructure projects as a way to stimulate the sluggish Chinese economy and create jobs.But this project has raised concerns among environmentalists and China’s neighbors — in part, because Beijing has said so little about it.The area where the dam is being built is prone to earthquakes. The…
Employees move semiconductor testers on the assembly line of the Advantest Corp. plant in Ora, Japan on Aug. 10, 2012.Tomohiro Ohsumi | Bloomberg | Getty ImagesJapan’s chip-related stocks fell Monday as Chinese AI startup DeepSeek raises concerns about a potential challenge to America’s global leadership in artificial intelligence that threatens Asian tech companies part of the U.S. AI value chain.Shares of semiconductor testing equipment supplier Advantest, which counts Nvidia among its clients, fell 7.99%. Tokyo Electron dropped 3.94%, while Renesas Electronics fell 0.4%.Softbank Group, which owns chip designer Arm, slid 5.4% after trading higher last week on CEO Masayoshi Son’s…
