business report. no frills airline, ryanair, thought to be about to announce big annual profits. we ll find out what they are doing right while others struggle. more banks fines in the wake of the 1mdb scandal. singapore s uob and credit suisse are fined just over a million dollars for money laundering for transactions related to malaysia s scandal ridden state fund. welcome to world business report. i m jamie robertson. in a minute we ll have this. japan, how consumers are making a bit of a comeback. the biggest in something like ten years. but first: in a few hours‘ time, the no frills airline, ryanair, will report its latest set of financial results. europe s biggest carrier by passenger numbers is expected to announce a 14% jump in full year profit to around $1.5 billion us. ryanair‘s performance is a sign that its cost cutting measures are helping the business compete as overcapacity continues to dog the industry. investors seem encouraged by the progress the company