Ryanair fined almost €8 million for breaking French labour laws
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Low-cost airline Ryanair has been fined almost €8 million after it was judged to have broken French labour laws. The case concerns the use of Irish contracts for staff working in France. Ryanair disputes the decision and says it will appeal. Meanwhile, President Obama says investors ought to be concerned by the problems in Washington, particularly as the deadline to raise the debt ceiling approaches.