Europe | parsian news

Ryanair issues profit warning as winter fares fall

Lower-fare environment will shake out more loss-making rivals, says Michael O’LearyRyanair has issued its second profit warning in four months, blaming intense competition over the winter that prompted the Irish budget airline to cut fares.Profits for …

Lower-fare environment will shake out more loss-making rivals, says Michael O’Leary

Ryanair has issued its second profit warning in four months, blaming intense competition over the winter that prompted the Irish budget airline to cut fares.

Profits for the year ending 31 March will be €100m (£88m) lower than previous expectations, at between €1bn to €1.1bn, the company said in a statement to the stock market. That was down from the €1.1bn to €1.2bn range previously expected.

Academic who defined news principles says journalists are too negative

Exclusive: preoccupation with conflict fosters insecurity, populism and trust deficit, says Johan GaltungThe academic who first defined the essence of news journalism has said the media have misconstrued his work and become far too negative, sensationa…

Exclusive: preoccupation with conflict fosters insecurity, populism and trust deficit, says Johan Galtung

The academic who first defined the essence of news journalism has said the media have misconstrued his work and become far too negative, sensational and adversarial.

Johan Galtung, a Norwegian professor who wrote a key scientific paper more than 50 years ago that listed a series of factors including conflict and immediacy as the hallmarks of news reporting, said his work was intended as a warning, not a guide.