Page 2 - Rolls Royce

Aero-engine maker Rolls-Royce seeks $2.6 bn in make-or-break share issue

At stake is the future of a company which has been at the heart of manufacturing in Britain for more than 100 years

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Rolls-Royce to raise $2.6 billion debt to fund Covid-19 pandemic relief

Rolls Royce is seeking to shore up capital amid the brutal impact of the Covid-19 pandemic on the aerospace industry.

Rolls-Royce plans to raise $6.5 billion to survive Covid-19 cash crunch

Rolls, whose engines power the Boeing 787 and Airbus 350, said in May it would cut 9,000 jobs as a result of the pandemic and its finances have been under intense scrutiny

Rolls-Royce Holdings stock hits 17-year low as slump deepens for airlines

Europe's biggest airline will pull 150 jets by mid-decade, 50 more than in its previous plan

World Coronavirus Dispatch: World economy to shrink 4.5% this yr, says OECD

The better view reflects the strong economic pickup in recent months and the vast injection of public resources

Rolls-Royce says demand for luxury cars recovering due to sales in Asia

Torsten Muller-Otvos said the demand meant Rolls-Royce was the first car company to resume car production in the United Kingdom on May 4

Virgin Galactic, Rolls-Royce team up to make supersonic commercial airplane

The aircraft would travel at Mach 3 - rather than the Mach 2 speed of Concorde, the pioneering jet that operated from 1976 to 2003

Rolls-Royce plans $1.9 billion share issue to bolster finances, says Report

Rolls-Royce, which makes engines for the Boeing 787 and Airbus 350, said it would burn through 3 billion pounds in the first half of the year

Moody's downgrades Rolls-Royce's credit rating to junk; outlook negative

Shares in Rolls-Royce, which have already lost almost two-thirds of their value during the pandemic, dropped 5.7% to trade at 253 pence at 0827 GMT, after Moody's statement

Rolls-Royce burns through 3 billion pounds, expects more cash outflows

The British company, which makes engines for the Boeing 787 and Airbus 350, said flying hours fell 75% in April, May and June, and it had only seen a marginal improvement since

Covid-19 impact: Rolls-Royce Holdings plans to cut 3,000 jobs in UK

The London-based manufacturer said it expects to trim a total of 8,000 positions from the aviation division

Covid-19 impact: Rolls-Royce to cut 9,000 jobs to save $1.5 bn annually

The job losses would mostly take place in its civil aerospace business

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Rolls-Royce to axe 9K jobs in air travel slump, to save GBP 1.3 bn a year

The 9,000 jobs, out of a global staff of 52,000, will go predominantly from Rolls's civil aerospace business, which generates just over half of its 15 billion pounds ($18 billion)of annual revenues

World coronavirus dispatch: The pathogen is changing in unknown ways

From first execution in US since the coronavirus outbreak, to what Facebook is doing to get people to workplace, and how to socialise safely - read these and more in today's world dispatch

Rolls-Royce to ditch profit, delivery targets, suspend dividend: Report

In March, engine flying hours were down by about 40%, the newspaper said, citing a source. The company is paid by airlines based on how many hours its engines fly.

Rolls-Royce-Force Motors JV factory to start operations in a few months

Will make and sell engines specifically for the power generation and railway segments; signs pact with IIT Madras for jt research

Rolls-Royce-Force Motors JV factory to start operations in a few months

Will make and sell engines specifically for the power generation and railway segments; signs pact with IIT Madras for jt research

Rolls-Royce, IIT Madras to collaborate for joint research programs

The initiative is in line with the company's efforts to promote growth and career progression for its engineering talent