Search results for "rolls-royce"

British engineering company Rolls-Royce said it would partner with oil company Shell to work on the development of sustainable aviation fuel (SAF) in line with both their plans for net zero emissions by 2050. The pair...

Rolls-Royce has declared it will seek to raise £3bn to support its finances after a “sharp deterioration” in civil aerospace due to the pandemic. The company will tap shareholders for £2bn through a rights issue and...

Engineering giant Rolls-Royce swung into loss last year, as it increased the charge for fixing problems with its Trent 1000 engines. The company also took a charge of £186m after Airbus said it was stopping production...

British jet engine maker Rolls-Royce has designed a propulsion system for a flying taxi and is starting a search for partners to help develop a project it hopes could take to the skies as soon as...

British engine maker Rolls-Royce announced on Friday it has agreed to sell its troubled commercial marine business to Norwegian industrial group Kongsberg for £500 million. The deal, worth $661 million or 566 million euros, is part...

Rolls-Royce, the British maker of plane engines, said on Thursday that it plans to cut 4,600 mainly British jobs by 2020, adding to thousands of cuts already announced in recent years. “Rolls-Royce announces the next stage in...

Britain’s Rolls-Royce said a costly compressor problem that had grounded Boeing planes had now been found in a different type of engine, compounding pressures on a group that is due to cut more than 4,000 jobs...

Rolls-Royce has become the latest luxury car maker to launch an SUV. Chief executive Torsten Müller-Ötvös said the new Cullinan, which will cost more than £200,000, was a “seminal” moment and probably the “most anticipated” Rolls-Royce...

British engine maker Rolls-Royce said on Monday it has sold German division L’Orange for 700 million euros ($860 million) to US group Woodward. Stuttgart-based L’Orange, which supplies fuel injection technology for engines, employs 1,000 people mostly...

On Monday, Prime Minister Rishi Sunak is scheduled to declare £200 million ($252 million) in public funding to promote the UK’s civil nuclear industry and nuclear deterrence program. The government projects that these initiatives would generate...