Ryanair shares have slumped 13% after the company warned that profits are likely to fall this year.
It now expects to make a profit of between 500m euros (£423m; $674m) and 520m euros for the financial year ending in March, down from its previous projection of 570m euros.
Showing posts with label global economic downturn. Show all posts
Showing posts with label global economic downturn. Show all posts
November 05, 2013
July 20, 2012
South Korea banks in rate-rigging investigation
A South Korea financial regulator has started an investigation into alleged interest rate rigging by some of the country's banks.
January 04, 2012
Hyundai and Kia predict slower sales growth in 2012
Hyundai and its affiliate Kia Motors have said they expect sales growth in 2012 to be sharply slower than 2011 due to the global economic downturn.
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