Trends - Rolls Royce - Business Recorder

Rolls Royce

Global aerospace firms turn to India amid Western supply chain crisis

BENGALURU: Airbus, Collins Aerospace, Pratt & Whitney, and Rolls-Royce are expanding parts sourcing from India,...

Published 17 Feb, 2025 07:14pm

Business & Finance

Rolls-Royce wins $11 billion UK nuclear submarine contract

LONDON: Britain said on Friday it had awarded Rolls-Royce a 9 billion pound ($11 billion) contract to design, make...

Published 24 Jan, 2025 08:23am

Business & Finance

Rolls Royce shares recover after Cathay Pacific inspection

Rolls Royce shares rose on Tuesday, as the UK engineer sought to recover from its biggest one-day drop this year...

Published 03 Sep, 2024 01:17pm

World

Under fire UK air traffic provider appoints Warren East as chair

LONDON: Britain’s air traffic services provider NATS said Warren East would take over as chairman from Sept. 1,...

Published 10 Apr, 2024 12:04pm

Business & Finance

Rolls-Royce to cut up to 2,500 roles in latest efficiency drive

LONDON: Rolls-Royce said on Tuesday it would cut up to 2,500 roles as its new chief executive seeks to build a more...

Published 17 Oct, 2023 12:09pm

Business & Finance

Rolls-Royce raises forecasts powered by civil, defence units

LONDON: British aero-engineer Rolls-Royce raised its full-year operating profit forecast to between 1.2 billion and...

Published 26 Jul, 2023 12:25pm

Business & Finance

Engine maker Rolls-Royce sinks into net loss

LONDON: British engine maker Rolls-Royce on Thursday logged a large 2022 loss on a huge accounting charge linked to...

Published 23 Feb, 2023 02:01pm

Business & Finance

Rolls-Royce rides ongoing luxury demand to sales record in 2022

LONDON: Rolls-Royce on Monday reported record sales last year despite an average price tag of around $534,000 for...

Published 09 Jan, 2023 05:45pm

Markets

Rolls-Royce champions energy transition at Farnborough

LONDON: British aircraft engine maker Rolls-Royce is "championing" the energy transition and the decarbonisation of...

Published 20 Jul, 2022 05:32pm

Business & Finance

Rolls Royce offers cash to workers facing high cost of living

British aircraft engine maker Rolls-Royce Holdings said it was offering a cash lump sum of 2,000 pounds to about 70%...

Published 21 Jun, 2022 01:52pm

Markets

Rolls-Royce, defensives drag down UK’s blue-chip index

LONDON: The UK’s top share index closed down on Tuesday as bearish brokerage calls on companies like Rolls Royce...

Published 13 Apr, 2022 06:03am

Markets

Strong demand revs Rolls-Royce car sales to a record high in 2021

LONDON: Luxury carmaker Rolls-Royce, a unit of Germany's BMW, said on Monday its sales soared 49% to a record high ...

Published 10 Jan, 2022 06:32pm

Business & Finance

Rolls-Royce upbeat on cash outflow on market rebound, cost cuts

Rolls-Royce expects its free cash outflow in fiscal year 2021 to be better than the previous guidance of 2 billion...

Published 09 Dec, 2021 01:12pm

Rolls-Royce launches nuclear reactor business

LONDON: UK aircraft engine maker Rolls-Royce launched plans Tuesday to build small low-cost nuclear reactors, backed...

Published 10 Nov, 2021 03:36am

Business & Finance

Luxury carmaker Rolls-Royce to switch to all electric range by 2030

BERLIN: Rolls-Royce will produce only electric cars by 2030, the luxury carmaker said on Wednesday, joining other...

Updated 29 Sep, 2021 05:43pm

Markets

Energy stocks, banks lift FTSE 100

LONDON: London's FTSE 100 ended higher on Monday, helped by gains in heavyweight energy and banking stocks, while...

Published 28 Sep, 2021 05:12am

Business & Finance

Rolls-Royce agrees sale of Spanish unit ITP for $2bn

The sale sent Rolls-Royce shares up 10% to 146 pence

Published 27 Sep, 2021 05:24pm

Business & Finance

Rolls-Royce chosen by US for new B-52 engines

LONDON: British engineering company Rolls-Royce said it had won a contest to provide engines for the United States...

Published 27 Sep, 2021 11:30am

World

Rolls Royce wins US Air Force contract worth up to $2.6bn

WASHINGTON: The US arm of Britain's Rolls Royce won a contract worth up to $2.6 billion Friday to supply engines ...

Published 26 Sep, 2021 03:23am

Business & Finance

Rolls-Royce, Babcock sell stakes in AirTanker defence business

LONDON: British engineering companies Rolls-Royce and Babcock International Group are to sell their minority stakes...

Published 14 Sep, 2021 03:55am

Business & Finance

Rolls-Royce plans to sell ITP Aero to Bain and Sener for $1.9bn: report

A price tag of 1.6 billion euros would beat the 1.5 billion at which reports have valued ITP, a turbine blade-make

Updated 04 Aug, 2021 08:05pm

Business & Finance

Rolls-Royce agrees sale of Norway's Bergen for $131mn

After that attempt failed, Bergen will now only return 110 million euros to Rolls

Published 04 Aug, 2021 12:57pm

Business & Finance

Rolls-Royce partners with Shell in sustainable aviation fuel push

The pair signed a memorandum of understanding (MoU) on Wednesday which Rolls-Royce said would help with plans to certify 100% SAF for use in planes.

Updated 30 Jun, 2021 07:47pm

World

Rolls-Royce drives up car luxury with ‘Boat Tail’

CHICHESTER: Rolls-Royce Motor Cars, which along with the wider luxury goods sector is recovering strongly from...

Published 31 May, 2021 03:12am

Business & Finance

World’s rich floor it in post-pandemic luxury car rush

PARIS: The global rebound from the coronavirus pandemic is revving luxury carmakers’ sales to never-before-seen...

Published 31 May, 2021 03:12am

1bn euros seized as Italy hits at ‘PetrolMafias’

ROME: Dozens of people were arrested Thursday, including a Rolls Royce-riding oil heiress, as Italian police...

Updated 09 Apr, 2021 09:25am

Business & Finance

Airbus and Dassault agree joint FCAS fighter proposal

The agreement, first reported by La Tribune, paves the way for political talks to resume among the project's three government backers, France, Germany and Spain, a source close to the matter told Reuters.
"The governments have received an offer from the companies to build the demonstrator for a new combat plane in the framework of FCAS," the French armed forces ministry said, adding that negotiations were continuing on the overall project.

Published 02 Apr, 2021 08:15pm

World

Norway vetoes sale of Rolls-Royce unit to Russian group

OSLO: Norway said Tuesday it would block Rolls-Royce’s sale of a Norwegian engine maker to Russia over concerns...

Updated 24 Mar, 2021 10:12am

Business & Finance

BMW expects at least half of sales to be electric cars by 2030

Sees big rise in 2021 profit from pandemic-hit 2020.
Sees EBIT margin of 6-8% in 2021 vs 2.7% in 2020.
Shares jump as much as 4.9% to 2-1/2 year high.

Published 17 Mar, 2021 06:17pm

Business & Finance

BMW sees significant profit growth in 2021

BMW, which also owns the MINI and Rolls-Royce brands, said it expects the automotive segment.

Published 17 Mar, 2021 01:00pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 10	284.60
USD PKR Interbank Buying / Jul 10	284.40
USD to Japanese Yen / Jul 10	146.33
USD to Swiss Franc / Jul 10	0.79
Pound Sterling to USD / Jul 10	1.36
Euro to USD / Jul 10	1.17
UK LIBOR % / Jul 9	4.96

Stock	Volume
S&P 500 / Jul 9	6,263.26
Nasdaq / Jul 9	20,608.23
Dow Jones / Jul 9	44,458.30
India Sensex / Jul 10	83,178.25
Tokyo Nikkei / Jul 10	39,635.72
Hang Seng / Jul 10	23,993.59
FTSE 100 / Jul 10	8,954.79
Germany DAX 30 / Jul 10	24,594.32
France CAC40 / Jul 10	7,915.95

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 9	16,585
Gold 10 Grams PKR / Jul 9	301,354
Petrol/Litre / Jul 10	266.79
Crude Oil USD/Barrel / Jul 10	68.49
Gold Spot USD/Ounce / Jul 10	3,325.15
Diesel/Litre / Jul 10	272.98
Cotton US¢/pound / Jul 10	67.73

Gainers
Losers
Leaders

Stock	Price
First IBL Mod. / Jul 10 First IBL Modaraba(FIBLM)	5.60 ▲ 1 (21.74%)
Dewan Farooque Sp. / Jul 10 Dewan Farooque Spinning Mills Limited(DFSM)	7.61 ▲ 1 (15.13%)
Premier Insurance / Jul 10 Premier Insurance Limited(PINL)	8.30 ▲ 1 (13.7%)
Kohinoor Ind. / Jul 10 Kohinoor Industries Limited(KOIL)	14.80 ▲ 1.35 (10.04%)
Azgard Nine / Jul 10 Azgard Nine Limited(ANL)	12.71 ▲ 1.16 (10.04%)
B.O.Punjab / Jul 10 The Bank of Punjab(BOP)	13.05 ▲ 1.19 (10.03%)
Invest Bank / Jul 10 Invest Capital Investment Bank Limited(ICIBL)	12.40 ▲ 1.13 (10.03%)
Habib Insurance / Jul 10 Habib Insurance Company Limited(HICL)	11.52 ▲ 1.05 (10.03%)
J.A.Textile / Jul 10 J.A. Textile Mills Limited(JATM)	29.76 ▲ 2.71 (10.02%)
Beco Steel Ltd / Jul 10 Beco Steel Limited(BECO)	28.89 ▲ 2.63 (10.02%)

Stock	Price
TPL Trakker Ltd / Jul 10 TPL Trakker Limited(TPLT)	8.02 ▼ -1 (-11.09%)
Trust Mod. / Jul 10 Trust Modaraba(TRSM)	8.72 ▼ -1 (-10.29%)
Ashfaq Textile / Jul 10 Ashfaq Textile Mills Limited(ASHT)	23.78 ▼ -2.57 (-9.75%)
Din Tex. / Jul 10 Din Textile Mills Limited(DINT)	103.50 ▼ -11.1 (-9.69%)
Sana Ind / Jul 10 Sana Industries Limited(SNAI)	26.22 ▼ -2.73 (-9.43%)
Pak Datacom / Jul 10 Pak Datacom Limited(PAKD)	296.49 ▼ -29.98 (-9.18%)
F.Credit & Inv / Jul 10 First Credit and Investment Bank Limited(FCIBL)	16.30 ▼ -1.62 (-9.04%)
Haseeb Waqas / Jul 10 Haseeb Waqas Sugar Mills Limited(HWQS)	20.50 ▼ -2.03 (-9.01%)
Crescent Fib. / Jul 10 Crescent Fibres Limited(CFL)	44.01 ▼ -4.31 (-8.92%)
Pakistan Services / Jul 10 Pakistan Services Limited(PSEL)	760 ▼ -73.57 (-8.83%)

Stock	Volume
B.O.Punjab / Jul 10 The Bank of Punjab(BOP)	155,204,034 ▲ 1.19
Kohinoor Spining / Jul 10 Kohinoor Spinning Mills Limited(KOSM)	54,987,041 ▲ 0.3
Hascol Petrol / Jul 10 Hascol Petroleum Limited(HASCOL)	33,228,374 ▲ 0.85
Fast Cables / Jul 10 Fast Cables Limited(FCL)	32,586,162 ▲ 0.88
WorldCall Telecom / Jul 10 Worldcall Telecom Limited(WTL)	21,556,190 ▼ -0.02
Ghani Chemworld / Jul 10 Ghani Chemworld Limited(GCWL)	21,385,221 ▼ -0.8
Invest Bank / Jul 10 Invest Capital Investment Bank Limited(ICIBL)	20,861,643 ▲ 1.13
Aisha Steel Mill / Jul 10 Aisha Steel Mills Limited(ASL)	19,609,398 ▲ 0.19
Big Bird Foods / Jul 10 Big Bird Foods Limited(BBFL)	16,772,554 ▲ 1.25
Secure Logistics / Jul 10 Secure Logistics Group Limited(SLGL)	16,382,855 ▲ 0.48

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