Ryanair cautious on outlook as profits slide

Image copyright EPA Ryanair’s profits fell by nearly a third last year to €1bn (£880m) as fuel costs rose and fares fell. Europe’s biggest discount airline added that profits could be lower this year as fares continue to fall. For the current financial year, the carrier said it was “cautious” on pricing and had “zero” […]

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Japan economy beats expectations of slowdown

Image copyright Getty Images Japan’s economy unexpectedly grew in the three months to March, shrugging off forecasts for a contraction in the world’s third largest economy. The economy grew at an annualised 2.1% in the period, preliminary gross domestic product (GDP) data showed. That beat analyst expectations for a 0.2% contraction, as imports fell faster […]

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Warning over ‘new eurozone crisis’

Image copyright Getty Images A senior adviser to the German government fears another European financial crisis could be brewing. Dr Lars Feld, one of the German Council of Economic Experts, was one of the first last year to warn of a slowdown in Europe’s largest economy. The German government expects expansion of just 0.5% this […]

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How the humble brick built the world

Image copyright Getty Images Image caption Rome’s Colosseum is made of various materials including limestone, concrete and brick “I found Rome a city of bricks and left it a city of marble,” the first Roman Emperor, Caesar Augustus, is said to have boasted 2,000 years ago. If he did, he was exaggerating. As UCLA’s Prof […]

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