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ROLLS ROYCE LOSSES
Rolls-Royce was struggling to survive, then CEO laid off 2,500 managers—now stock price has surged 500%Rolls-Royce CEO Tufan Erginbilgiç fired 2,500 employees, mainly managers, to turn the company around. This move led to a 500% share price i...
European shares muted ahead of more economic dataRolls-Royce provided the biggest boost to industrials with a 4.2% rise after Hong Kong's Cathay Pacific said three of the 48 Rolls-Royce-po...
Former Rolls-Royce designer Ian Cameron stabbed to death in $3 million German mansion; All you need to knowIan Cameron, the former head designer for Rolls-Royce, was fatally stabbed during a robbery at his $3 million mansion in Herrsching, German...
FTSE 100 falls as ex-dividend trades weigh; Rolls-Royce soarsSome banks, including Barclays and Standard Chartered, and healthcare majors AstraZeneca and GSK traded without an entitlement for dividend...
Rolls-Royce losses double to £3.2 bn in 2020 pandemicRevenues tanked almost 29 percent to about £11.8 billion, with civil aviation hit the hardest by coronavirus. The deadly Covid-19 pandemic ...
Virus-hit Rolls-Royce launches £5.0-billion plan to boost financesRolls-Royce is strengthening its balance sheet to help navigate the damaging fallout from the ongoing global health emergency that has grou...
Britain's Rolls-Royce to cut 9,000 jobs amid air travel slumpRolls-Royce, which makes engines for planes such as the Boeing 787 and Airbus 350, said on Wednesday it could also close factories as it sh...
Rolls-Royce sells commercial marine unit for 500 million poundsThe company had in January launched a strategic review of the division, which generated 2017 revenues of 817 million pounds but an operatin...
UK launches fraud probe into Tata Steel: ReportThe Serious Fraud Office said that it was "declining to comment" on the matter. Tata Steel has also not commented on any "media speculation...
Singapore Airlines plane loses power mid-air with 194 on boardPower loss in both engines is considered rare in the aviation industry, but pilots are trained to respond to it.
Singapore Airlines plane loses power mid-air with 194 onboardThe incident occurred at 39,000 ft about 3.5 hours after Flight SQ836, operated by an Airbus A330-300, left Changi Airport on Saturday.
- Qantas A380 returns to air after engine blowout
A Qantas superjumbo took off from Sydney on Saturday on the first A380 passenger flight for the airline since a midair engine explosion ear...
- Rolls-Royce wins $1.2 billion Emirates contract
Rolls-Royce Group PLC, the manufacturer of the plane engine that blew apart midair on a Qantas superjumbo earlier this month, has won a $1....
- Daimler recalls Mercedes to fix steering glitch: US NHTSA
German luxury car maker Daimler will recall about 85,000 Mercedes Benz C and E-class autos in the United States.
- BMW reports 1Q net loss of euro152 mn
BMW AG reported a small net loss for the first quarter as the global recession cut deeper into car sales, adding that the future of the mar...
- Rolls-Royce reports loss of 1.34 bn pounds
Rolls-Royce said that it made a net loss of 1.34 billion pounds in 2008 which it blamed on the weak pound.
- Rolls-Royce post $ 1.9 bn loss in 2008
Aircraft engine manufacturer Rolls-Royce PLC on Thursday reported a full-year loss of 1.34 bn pounds ($1.9 bn), as unfavorable currency flu...