Sunday newspaper round-up: Biden, Beer, Royal Mail
27th Mar 2022 19:59
(Sharecast News) - The White House clarified comments from Joe Biden who earlier had called for Russian President Vladimir Putin's ouster. In a speech delivered in Poland, Biden said: ""For God's sake, this man cannot remain in power." A spokesman for the White soon after stated that US leader was not talking about 'regime change'. "The president's point was that Putin cannot be allowed to exercise power over his neighbours or the region," the spokesman explained. - The Sunday Times
Read moreSunday newspaper round-up: Renewables, Pearson, IAG
13th Mar 2022 13:50
(Sharecast News) - The UK needs to massively expand wind farms across the country in order to safeguard national security, the business secretary has said, as the government considers sweeping changes to planning laws in order to improve energy independence. Against that backdrop, the Prime Minister will unveil a radical new "energy strategy" within a fortnight in order to make sure that that UK can get all the energy that it needs from a combination of renewables and nuclear. - Guardian
Read moreWarren East to quit as Rolls-Royce boss
24th Feb 2022 07:07
(Sharecast News) - Rolls-Royce said Chief Executive Warren East would leave at the end of 2022 as the company swung to an annual operating profit and published an upbeat outlook.
Read moreRolls-Royce appoints Rob Watson as president of Electrical
10th Jan 2022 10:56
(Sharecast News) - Rolls-Royce has appointed Rob Watson as president of the Electrical business with effect from 1 January.
Read moreQatar to invest £85m in Rolls-Royce nuclear reactor business
20th Dec 2021 07:01
(Sharecast News) - Rolls-Royce said Qatar has agreed to invest £85m in its nuclear reactor business in return for a 10% stake.
Read moreRolls-Royce appoints Sarah Armstrong as chief people officer
14th Dec 2021 14:17
(Sharecast News) - Rolls-Royce said on Tuesday that Sarah Armstrong will take on the role of chief people officer with effect from 1 January 2022.
Read moreRolls-Royce says cash flow better than expected
9th Dec 2021 07:02
(Sharecast News) - Rolls-Royce said annual free cash flow would be better than expected after trading improved but sales at its civil aerospace were lower than forecast.
Read moreRolls-Royce secures funding for small modular reactor business
9th Nov 2021 07:44
(Sharecast News) - Rolls-Royce said on Tuesday that following a successful equity raise, it has now established its small modular reactor (SMR) business as part of the UK government's net zero strategy.
Read moreRolls-Royce to unveil funding for smaller nuclear reactor - report
8th Nov 2021 10:29
(Sharecast News) - Rolls-Royce and a consortium of investors are close to announcing funding for a small-scale nuclear reactor, it was reported on Monday.
Read moreSunday newspaper round-up: Heathrow, GSK, Roll-Royce
31st Oct 2021 15:25
(Sharecast News) - Plans for a third runway at Heathrow may have been dealt a fatal blow after Ferrovial balked at further investment. The Spanish infrastructure investor, Heathrow's top shareholder, signalled the move in protest over the Civial Aviation Authorities's decision to block a 90% rise in landing charges from 2022, which the company said meant shateholders would have to make do with lower returns. - Sunday Telegraph
Read moreRolls-Royce appoints former Airbus exec Vittadini as new CTO
5th Oct 2021 11:11
(Sharecast News) - Engine maker Rolls-Royce said on Tuesday that former Airbus chief technology officer Grazia Vittadini will succeed Paul Stein in the role when he steps down next year after nearly 12 years.
Read moreSunday newspaper round-up: Rolls Royce, Food and fuel shortages, Morrisons
3rd Oct 2021 18:14
(Sharecast News) - Rolls Royce may be set to rake in "billions of pounds" worth of orders for miniature nuclear power stations from countries in Eastern Europe, the head of green investment fund IP3 said. The fund's boss, Mike Hewitt, told the newspaper that nations including Poland, the Czech Republic, Latvia, Hungary, Estonia, and Bulgaria all had aggressive plans to go nuclear. For its part, the company said it was talking to interested parties about export opportunities, including in Europe. It has also secured £210m of funding from the private sector for its small modular reactor programme in the UK. That will unlock the same amount of funds from the government with an announcement expected imminently. - Financial Mail on Sunday
Read moreRolls-Royce secures €1.5bn ITP Aero sale
27th Sep 2021 12:22
(Sharecast News) - Rolls-Royce on Monday said it had secured agreement to sell its ITP Aero division for around €1.7bn (£1.5bn) to Bain Capital Private Equity, which is leading a consortium of Spanish and Basque companies.
Read moreRolls-Royce wins £1.9bn B-52 engine contract
27th Sep 2021 07:27
(Sharecast News) - Aerospace engineer Rolls-Royce said it had won a £1.9bn deal to supply parts for the US Air Force's (USAF) fleet of B-52 bombers for the next 30 years.
Read moreBerenberg lifts Rolls-Royce price target on US travel boost
23rd Sep 2021 14:56
(Sharecast News) - Berenberg lifted its price target on engine maker Rolls-Royce to 160p from 150p on Thursday as it said the decision by the US this week to open its borders to vaccinated individuals is a positive step towards a more robust recovery in long-haul travel, which has lagged domestic travel markets.
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