JUST IN: Ryanair plans to slash fares this year as profits soar to £1 billion – Naturally, the airline has no plans to remove all those annoying fees they love to charge – £8 for a ‘Standard ’ seat, anyone? – @AceFinanceNews

#AceFinanceNews – May.23: Ryanair plans to slash fares this year – as profits soar to £1 billion

Ryanair is going to slash fares by up to 7% this year after raking in £1 billion profit – with profits soaring by 43% this year.

Naturally, the airline has no plans to remove all those annoying fees they love to charge – £8 for a ‘Standard’ seat, anyone?

The Dublin-based carrier said it expects to reduce fares as it bids to maintain market share across a European airline industry that has been hit by the terror attacks in Brussels and Paris.

The impact of the recent EgyptAir plane crash may further weaken the appetite for international travel over the coming months.

The cuts in fares come as Ryanair posted profits after tax up 43% to 1.24 billion euros (£959 million) in the year to March compared with a year ago, just short of City forecasts of £1.3 billion (£1 billion).

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JUST IN: Germany’s Bayer Makes $62 Billion Offer for Monsanto – @AceFinanceNews

#AceFinanceNews – May.23: Germany’s Bayer Makes $62 Billion Offer for Monsanto

German drug and chemicals company Bayer AG says it has made a $62 billion offer to buy U.S.-based crops and seeds specialist Monsanto

Editors Notes:

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

News & Views welcome always published as long as NO bad language or is not related to subject matter.

Thanks for following as always appreciate every like, mention , reblog or #tweet also our newspaper is added with all our posts daily:

BreakingMain NewsFinanceWorldSocialFoodHistoryBritainScotlandFriendsAuthors#TweetPC-HelpNewsroomChatShop & ShareDisability — more to come.

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MARKETS: ASIA: Stocks Rise After G7 Meet; Tokyo Falls on Weak Trade – @AceFinanceNews

#AceFinanceNews – May.23: Asian Stocks Rise After G7 Meet; Tokyo Falls on Weak Trade

Japanese stocks fell and other Asian markets were higher Monday after a global finance meeting failed to yield fresh ideas for spurring global growth, and Tokyo reported weaker exports.

Editors Notes:

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

News & Views welcome always published as long as NO bad language or is not related to subject matter.

Thanks for following as always appreciate every like, mention , reblog or #tweet also our newspaper is added with all our posts daily:

BreakingMain NewsFinanceWorldSocialFoodHistoryBritainScotlandFriendsAuthors#TweetPC-HelpNewsroomChatShop & ShareDisability — more to come.

@AceNewsServices

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