Europe Top News and Analysis
Ireland
*Airline sparked wave of anger with 2,000 flight cancellations. DUBLIN, Sept 21- Ryanair boss Michael O'Leary on Thursday scrambled to placate pilots and reassure investors as the airline's annual general meeting was dominated by the cancellation of 2,000 flights in a "cock-up" that exposed major staffing issues. The often outspoken CEO told investors that no...
*Airline sparked wave of anger with 2,000 flight cancellations. DUBLIN, Sept 21- Ryanair boss Michael O'Leary on Thursday scrambled to placate pilots and reassure investors as the airline's annual general meeting was dominated by the cancellation of 2,000 flights in a "cock-up" that exposed major staffing issues. The often outspoken CEO told investors that no...
LONDON— Ryanair CEO Michael O'Leary admitted mistakes to disgruntled shareholders Thursday as the airline struggles to overcome a scheduling crisis that is costing the company millions of euros. Speaking at Ryanair's annual general meeting, O'Leary said he planned to force pilots to give up a week of vacation time this year to prevent further flight...
GREENVILLE, Del.— One of the oldest legal-service businesses in the country is hiring 80 information technology workers in Delaware and adding three European offices. The News Journal reports CSC, formerly known as Corporation Service Co., added the positions along with offices in London, Luxembourg and Dublin. CSC has roughly 2,500 workers around the globe...
PARIS, Sept 19- French online retail sales rose 13 percent to 39.5 billion euros in the first half, the French E-Commerce Federation said, highlighting the country's steps towards making France a major hub for fintech and online businesses. In June, French billionaire Xavier Niel said he felt Paris was now fully equipped to attract more innovative companies...
*But European fishermen rely heavily on UK waters. *UK exports around 75 percent of its catch to the EU. After 45 years chafing under what they saw as unfair quotas in one of the world's richest fishing grounds, the UK government would finally, in the lexicon of Brexiteers, "take back control" of British waters.
Norwegian Air, which recently agreed a partnership with easyJet to make its long-distance flights available to easyJet customers, confirmed an earlier statement by Ryanair Chief Executive Michael O'Leary that talks with the Irish airline on a similar agreement had ended. "Norwegian welcomes any initiatives that offer passengers smooth, affordable...
*Expects 20 mln euros in pay-outs, 5 mln euros in lost fares. DUBLIN, Sept 18- Ryanair boss Michael O'Leary admitted on Monday to a "cock up" over pilot shortages that led him to cancel flights and disrupt the plans of hundreds of thousands of travellers in his bid to improve the budget airline's punctuality. The Irish airline said it was preparing for up to 20 million...
*Norwegian Air says has hired more than 140 Ryanair pilots. *Airline expects up to 20 million euros in compensation claims. The airline said it was preparing for up to 20 million euros in compensation claims and 5 million euros in lost fares as a result of the cancellations, but analysts estimated the total cost could be higher.
*Norwegian Air says has hired more than 140 Ryanair pilots. *Airline expects up to 20 million euros in compensation claims Including other factors, total cost could be more- analyst. "It is clearly a mess but in the context of an operation where we operate more than 2,500 flights every day, it is reasonably small but that doesn't take away the inconvenience we've...
LONDON— Irish budget airline Ryanair was under pressure Monday to provide more information to travelers after canceling up to 50 flights a day over the next six weeks because it mismanaged its pilots' holiday schedules. Ryanair, Europe's biggest airline by passenger numbers, canceled the flights because it had "messed up in the planning of pilot holidays."
*Norwegian Air says has hired more than 140 Ryanair pilots. *Cancellations to cost airline 34.5 million euros- analyst. "It is clearly a mess but in the context of an operation where we operate more than 2,500 flights every day, it is reasonably small but that doesn't take away the inconvenience we've caused to people," Ryanair Chief Executive Michael O'Leary told...
LONDON, Sept 18- Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe's single market, according to a Reuters survey of firms employing the bulk of workers in international finance. Reuters approached 158 banks, asset managers, private equity firms, insurers and exchanges with UK...
LONDON, Sept 18- Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe's single market, according to a Reuters survey of firms employing the bulk of workers in international finance. Reuters approached 158 banks, asset managers, private equity firms, insurers and exchanges with UK...
*39 firms detailed moves from UK, new jobs in Europe. LONDON, Sept 18- Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe's single market, according to a Reuters survey of firms employing the bulk of workers in international finance. Frankfurt was by far the most popular destination...
*Norwegian Air says has hired more than 140 Ryanair pilots. *Cancellations to cost airline 34.5 million euros- analyst. DUBLIN, Sept 18- Ryanair shares fell on Monday after the Irish budget airline disrupted the plans of hundreds of thousands of travellers by cancelling flights to cope with pilot shortages and improve its punctuality record.
Green Property REIT Ventures CEO Pat Gunne speaks about developing housing in Dublin, Ireland.
Some of the biggest companies in the world are finding they need to play by an entirely new set of rules on the once-anarchic internet.
DUBLIN, Sept 15- Ryanair on Friday announced plans to cancel between 40 and 50 flights per day until the end of October, disrupting hundreds of thousands of journeys, in what it said was a bid to improve its ratio of on-time flights. The Dublin- listed budget airline next week celebrates the fourth anniversary of its Always Getting Better campaign, which Chief...
Sep 15- Global banks have said they could move thousands of jobs out of Britain to prepare for Brexit, the country's planned exit from the European Union. The association expects 3,000 to 5,000 new jobs in Frankfurt over the next two years as a result of Brexit, its head Stefan Winter, of UBS, told German newspaper Welt am Sonntag in June. Bank of America became the...
