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...
27 Mar, 2025, 06.21 PM IST
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...
03 Sep, 2024, 01.13 PM IST
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...
16 Jul, 2024, 06.22 PM IST
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...
23 Feb, 2023, 09.28 PM IST
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 ...
11 Mar, 2021, 02.10 PM IST
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...
01 Oct, 2020, 01.12 PM IST
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...
20 May, 2020, 03.53 PM IST
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...
06 Jul, 2018, 12.59 PM IST
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...
08 Apr, 2016, 11.13 PM IST
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.
27 May, 2015, 04.25 PM IST
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.
27 May, 2015, 09.38 AM IST
- 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...
27 Nov, 2010, 01.21 PM IST
- 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....
24 Nov, 2010, 05.24 PM IST
- 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.
11 Oct, 2010, 02.30 PM IST
- 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...
06 May, 2009, 12.39 PM IST
- 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.
12 Feb, 2009, 05.08 PM IST
- 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...
12 Feb, 2009, 03.56 PM IST