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May 19, 2014

Ryanair sees profits bouncing back as summer bookings rise

DUBLIN (Reuters) – European low-cost airline Ryanair (RYA.I: Quote, Profile, Research, Stock Buzz) reported its first fall in profits in five years on Monday, blaming tougher competition, but said prospects of strong demand this summer would help lift profits by up to 20 percent in the coming year.

The Irish airline earned 523 million euros ($717 million) after tax in the year ended March 31, a fall of 8 percent on the previous year but investors were relieved the result was better than the airline had predicted and the shares rose 10 percent after it said this year’s profit could climb to 620 million euros.

May 19, 2014

Ryanair sees profits climbing again after first fall in five years

DUBLIN, May 19 (Reuters) – Ryanair reported its
first fall in profits in five years on Monday on intense
competition in European short-haul, but said higher average
ticket prices this summer would help lift profits by up to 20
percent in the coming year.

The Irish airline earned 523 million euros ($717 million)
after tax in the year ended March 31, a fall of 8 percent on the
previous year.

May 19, 2014

Ryanair warns of weak winter after first profit fall in five years

DUBLIN (Reuters) – Ryanair Holdings PLC (RYA.I: Quote, Profile, Research) announced its first decline in annual profit in five years on Monday and warned of weak fares in the coming winter as the delivery of new planes gives it more seats to sell.

But strong summer bookings and higher charges for extras like carry-on baggage and on-board refreshments will lift profit by between 10 and 20 percent in the year to March 2015, Europe’s largest airline by passenger numbers said.

May 7, 2014

Ireland’s justice minister resigns over police inquiry

DUBLIN (Reuters) – Ireland’s justice minister Alan Shatter resigned on Wednesday after an inquiry into allegations made by a police whistleblower criticised him and his department, in a blow to Prime Minister Enda Kenny weeks before local and European elections.

Shatter, the first senior member of Kenny’s cabinet to resign in three years in power, stepped down after a report into how the Irish police treated whistleblower Maurice McCabe, who had alleged widespread misconduct in the force.

Apr 14, 2014

U.N. Security Council meets over Ukraine hours before deadline

KIEV/UNITED NATIONS, April 13 (Reuters) – The United Nations
Security Council held an emergency session on Sunday night to
discuss the escalating crisis in Ukraine, just hours before a
deadline by Kiev for pro-Russian separatists to disarm by Monday
morning or face a “full-scale anti-terrorist operation” by its
armed forces.

The Council began meeting at 8 p.m. (0000 GMT on Monday) at
Russia’s request after Moscow called Kiev’s plans to mobilise
the army to put down a rebellion by pro-Russian militants in
eastern Ukraine “criminal.”

Apr 14, 2014

Ukraine gives rebels deadline to disarm or face military operation

KIEV/SLAVIANSK, Ukraine (Reuters) – Ukraine has given pro-Russian separatists a Monday morning deadline to disarm or face a “full-scale anti-terrorist operation” by its armed forces, raising the risk of a military confrontation with Moscow.

Angered by the death of a state security officer and the wounding of two comrades near the flashpoint eastern city of Slaviansk, acting president Oleksander Turchinov gave rebels occupying state buildings until 0600 GMT to lay down their weapons.

Apr 13, 2014

Ukraine readies full military operation against pro-Russian rebels

KIEV/SLAVIANSK, Ukraine (Reuters) – Ukraine’s armed forces plan to launch a “full-scale anti-terrorist operation” against pro-Russian separatists, acting president Oleksander Turchinov said on Sunday, raising the risk of a military confrontation with Moscow.

Angered by the death of a state security officer and the wounding of two of his comrades near the flashpoint eastern city of Slaviansk, Turchinov gave rebels occupying state buildings until Monday morning to lay down their weapons.

Apr 12, 2014

Militants raise Russian flag in Ukraine city, risk of “gas war” looms

KIEV, April 12 (Reuters) – Armed pro-Russian militants
raised the Russian flag in an eastern Ukrainian city on
Saturday, deepening a stand-off with Moscow which, Kiev warned,
was dragging Europe closer to a “gas war” that could disrupt
supplies across the continent.

At least 20 men armed with pistols and rifles took over the
police and security services headquarters in Slaviansk, about
150 km (90 miles) from the border with Russia.

Apr 12, 2014

Risk of ‘gas war’ grows as Ukraine halts payments to Russia

KIEV (Reuters) – Ukraine said on Saturday it was suspending payments to Russia for deliveries of gas, ratcheting up the tension in a standoff that has the potential to leave European Union states cut off from the Russian gas supplies on which they depend.

In eastern Ukraine, where groups of pro-Russian activists have been emboldened by the Kremlin’s annexation of the Crimean Peninsula, a band of armed men in mismatched camouflage outfits seized a police station in the town of Slaviansk.

Mar 8, 2014

Dublin bids emotional farewell to local legend O’Driscoll

DUBLIN (Reuters) – Dublin’s Aviva Stadium bade an emotional farewell to local hero Brian O’Driscoll on Saturday as the man widely regarded as Ireland’s greatest-ever player became the game’s most capped international in his final home appearance.

The 35-year old centre did not add to his tally of 46 tries in Ireland’s 46-7 demolition of Italy, but decisive passes in three of the seven tries was enough to win him man of the match and three standing ovations from an ecstatic crowd.