Bloomberg Ryanair Holdings Plc, Europe’s biggest discount airline, raised its profit target for the year through March following stronger-than-expected sales during the Christmas travel period. Annual earnings will be as high as €1.425 billion, compared with a previous target of as much as €1.2 billion, the Irish carrier said in a statement after markets closed. Profit in the fiscal third …

  Bloomberg Wilko has secured a £40 million ($48 million) credit facility from Hilco Capital Ltd to help the UK household and garden retailer weather the cost-of-living crisis. The two-year facility is in addition to £48 million Wilko recently received from the sale and leaseback of its distribution centre, according to an emailed statement. The privately-held 92-year-old business is also …

  Bloomberg Cathay Pacific Airways Ltd will more than double its flights to mainland China to 61 return services a week from January 14 following the easing of Covid travel restrictions. Cathay aims to operate over 100 return flights a week by March, it said in a statement. The airline currently operates 27 flights a week from Hong Kong to …