Luxury carmakers’ gold-leafed profits under threat from Iran war Published 01 Apr, 2026 11:33pm A key global shipping route is in disarray since the start of the Iran conflict
UK PM Starmer visits India to build business ties after clinching trade deal Published 08 Oct, 2025 09:50am Britain and India signed a free trade agreement in July during a visit by Indian Prime Minister Narendra Modi
Rolls Royce sells UK pension fund to PIC in 4.3bn pound deal Published 11 Aug, 2025 05:49am LONDON: Aircraft engine maker Rolls-Royce sold its UK pension fund to Pension Insurance Corporation (PIC) in a 4.3...
Rolls-Royce nears deal to offload $5.37 billion of UK pension liabilities, Bloomberg News reports Published 08 Aug, 2025 05:10pm UK’s Rolls-Royce is close to announcing a deal with insurer Pension Insurance Corporation (PIC) to offload almost 4...
Global aerospace firms turn to India amid Western supply chain crisis Published 17 Feb, 2025 07:14pm BENGALURU: Airbus, Collins Aerospace, Pratt & Whitney, and Rolls-Royce are expanding parts sourcing from India,...
Rolls-Royce wins $11 billion UK nuclear submarine contract Published 24 Jan, 2025 08:23am LONDON: Britain said on Friday it had awarded Rolls-Royce a 9 billion pound ($11 billion) contract to design, make...
Rolls Royce shares recover after Cathay Pacific inspection Published 03 Sep, 2024 01:17pm Rolls Royce shares rose on Tuesday, as the UK engineer sought to recover from its biggest one-day drop this year...
Under fire UK air traffic provider appoints Warren East as chair Published 10 Apr, 2024 12:04pm LONDON: Britain’s air traffic services provider NATS said Warren East would take over as chairman from Sept. 1,...
Rolls-Royce to cut up to 2,500 roles in latest efficiency drive Published 17 Oct, 2023 12:09pm LONDON: Rolls-Royce said on Tuesday it would cut up to 2,500 roles as its new chief executive seeks to build a more...
Rolls-Royce raises forecasts powered by civil, defence units Published 26 Jul, 2023 12:25pm LONDON: British aero-engineer Rolls-Royce raised its full-year operating profit forecast to between 1.2 billion and...
Engine maker Rolls-Royce sinks into net loss Published 23 Feb, 2023 02:01pm LONDON: British engine maker Rolls-Royce on Thursday logged a large 2022 loss on a huge accounting charge linked to...
Rolls-Royce rides ongoing luxury demand to sales record in 2022 Published 09 Jan, 2023 05:45pm LONDON: Rolls-Royce on Monday reported record sales last year despite an average price tag of around $534,000 for...
Rolls-Royce champions energy transition at Farnborough Published 20 Jul, 2022 05:32pm LONDON: British aircraft engine maker Rolls-Royce is "championing" the energy transition and the decarbonisation of...
Rolls Royce offers cash to workers facing high cost of living Published 21 Jun, 2022 01:52pm British aircraft engine maker Rolls-Royce Holdings said it was offering a cash lump sum of 2,000 pounds to about 70%...
Rolls-Royce, defensives drag down UK’s blue-chip index Published 13 Apr, 2022 06:03am LONDON: The UK’s top share index closed down on Tuesday as bearish brokerage calls on companies like Rolls Royce...
Strong demand revs Rolls-Royce car sales to a record high in 2021 Published 10 Jan, 2022 06:32pm LONDON: Luxury carmaker Rolls-Royce, a unit of Germany's BMW, said on Monday its sales soared 49% to a record high ...
Rolls-Royce upbeat on cash outflow on market rebound, cost cuts Published 09 Dec, 2021 01:12pm Rolls-Royce expects its free cash outflow in fiscal year 2021 to be better than the previous guidance of 2 billion...
Rolls-Royce launches nuclear reactor business Published 10 Nov, 2021 03:36am LONDON: UK aircraft engine maker Rolls-Royce launched plans Tuesday to build small low-cost nuclear reactors, backed...
Luxury carmaker Rolls-Royce to switch to all electric range by 2030 Updated 29 Sep, 2021 05:43pm BERLIN: Rolls-Royce will produce only electric cars by 2030, the luxury carmaker said on Wednesday, joining other...
Energy stocks, banks lift FTSE 100 Published 28 Sep, 2021 05:12am LONDON: London's FTSE 100 ended higher on Monday, helped by gains in heavyweight energy and banking stocks, while...
Rolls-Royce agrees sale of Spanish unit ITP for $2bn Published 27 Sep, 2021 05:24pm The sale sent Rolls-Royce shares up 10% to 146 pence
Rolls-Royce chosen by US for new B-52 engines Published 27 Sep, 2021 11:30am LONDON: British engineering company Rolls-Royce said it had won a contest to provide engines for the United States...
Rolls Royce wins US Air Force contract worth up to $2.6bn Published 26 Sep, 2021 03:23am WASHINGTON: The US arm of Britain's Rolls Royce won a contract worth up to $2.6 billion Friday to supply engines ...
Rolls-Royce, Babcock sell stakes in AirTanker defence business Published 14 Sep, 2021 03:55am LONDON: British engineering companies Rolls-Royce and Babcock International Group are to sell their minority stakes...
Rolls-Royce plans to sell ITP Aero to Bain and Sener for $1.9bn: report Updated 04 Aug, 2021 08:05pm A price tag of 1.6 billion euros would beat the 1.5 billion at which reports have valued ITP, a turbine blade-make
Rolls-Royce agrees sale of Norway's Bergen for $131mn Published 04 Aug, 2021 12:57pm After that attempt failed, Bergen will now only return 110 million euros to Rolls
Rolls-Royce partners with Shell in sustainable aviation fuel push Updated 30 Jun, 2021 07:47pm 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.
Rolls-Royce drives up car luxury with ‘Boat Tail’ Published 31 May, 2021 03:12am CHICHESTER: Rolls-Royce Motor Cars, which along with the wider luxury goods sector is recovering strongly from...
World’s rich floor it in post-pandemic luxury car rush Published 31 May, 2021 03:12am PARIS: The global rebound from the coronavirus pandemic is revving luxury carmakers’ sales to never-before-seen...
1bn euros seized as Italy hits at ‘PetrolMafias’ Updated 09 Apr, 2021 09:25am ROME: Dozens of people were arrested Thursday, including a Rolls Royce-riding oil heiress, as Italian police...