Business report. No frills airline, ryanair, thought to be about to announce big annual profits. Well find out what they are doing right while others struggle. More banks fines in the wake of the 1mdb scandal. Singapores uob and Credit Suisse are fined just over a Million Dollars for Money Laundering for transactions related to malaysias scandal ridden state fund. Welcome to World Business report. Im jamie robertson. In a minute well 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. Europes biggest carrier by Passenger Numbers is expected to announce a 14 jump in full year profit to around 1. 5 billion us. Ryanairs 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 is making. Ryanairs sha
recent months so that is being seen in factory activity in china. so we shall see how this week progresses but for asia this week, pretty much no action at all, unless of course you are injapan. i will see you are injapan. i will see you soon. hello there. storm corrie continuing to bring some damaging gusts of winds during the overnight period and to start monday morning. met office warnings remain in force for strong winds across more eastern parts of the country and we ll also have an ice risk to start the day across northern scotland some cold air digging in behind the storm as it moves out into the north sea. but you can see a real squeeze in the isobars still across eastern coastal parts of scotland, down towards the wash and norfolk, so the yellow warnings remain in force through this morning for further gusts of 50 60 mph. eventually, the strongest of the winds will pull away from the east coast, and then it ll leave a blustery day for all. after that icy start across norther
in the eu in 2020. now gdp is growing again but the cost of living is making recovery an uphill struggle. retail sales injapan rose to 1.4% in december from a year earlier. that s according to data released by the government on monday. it s the third straight month of increases, but december s figure comes in below a median market forecast rise of 2.7%. that is some of the latest economic news out ofjapan. stay with us on bbc news, still to come: roam if you want to but it will be more expensive vodafone joins the mobile phone companies re introducing roaming fees for brits visiting the eu.
covid tolerance policy, unlike many countries in the west that have been opening up and learning to live with the virus. and, of course, this report, compiled by mathematicians, using data from august from the us and from european cities, appears to justify that policy stance. in the report it says that china couldn t afford to live travel restrictions without better more efficient vaccinations and more efficient vaccinations and more specialised treatments. 0k, more specialised treatments. ok, thank you, sarah toms in our bureau in singapore. let s get some of the day s other news. retail sales injapan went up by almost 1% in october from a year earlier which marks the first increase in three months but still below analyst forecasts. this is a slight bounce back from a substantial contraction in the period from july to september. in an effort to boost the japanese economy