Saturday, 24 August 2019

Tag Archives: Rolls Royce

Rolls-Royce agrees to inspection of problematic Trent engines

LONDON: Rolls-Royce has agreed to an early inspection of some Trent 1000 TEN engines by regulatory authorities, a week after Singapore Airlines Ltd grounded two Boeing Co 787-10 jets fitted with the units. The latest version of the Trent engine has been dogged by problems since entering service at the ...

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Rolls-Royce continuing with Brexit contingency plans- CEO

LONDON: British aero-engine maker Rolls-Royce said it was continuing with contingency plans as uncertainty grows on whether Prime Minister Theresa May’s Brexit plan will receive parliamentary backing, echoing comments from other firms. “This agreement is only a draft,” Chief Executive Warren East told BBC radio. “There are a lot of ...

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Rolls-Royce plans for take-off in flying taxi market

FARNBOROUGH: 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 early next decade. Rolls-Royce said on Sunday it had drawn up plans for ...

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BP and Rolls-Royce top FTSE after swinging into profit

LONDON: BP and Rolls-Royce have driven the FTSE 100 higher after the oil giant and aircraft engine maker delivered better-than-expected results. Shares in Rolls-Royce jumped 9.6% to 973p after it reported profits of £1.9 billion in the six months to the end of June, reversing the £2.2 billion loss made ...

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Justin Bieber’s list of demands for India tour goes viral

PARIS: A list of ‘demands’ made by Justin Bieber for his India tour is going viral after it was shared on Twitter. The non-negotiables include “a convoy of 10 luxury sedans and 2 Volvo buses” for Bieber and his 120-person-strong entourage. The singer has asked for a private Rolls Royce ...

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Rolls-Royce to pay £671m to settle bribery probes

LONDON: Rolls-Royce has reached a deal to pay £671m to regulators around the world to settle allegations of bribery and corruption, including the largest UK fine ever imposed on a company for criminal conduct. The UK’s flagship engineering company has been under investigation in the US and UK for alleged ...

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