Rolls-Royce sells Bergen Engines for €63m
4th Aug 2021 07:07
(Sharecast News) - Rolls-Royce has signed an agreement to sell its Bergen Engines business to global engineering group Langley Holdings for an enterprise value of €63m.
Read moreRolls-Royce sells Bergen Engines for €63m
4th Aug 2021 07:07
(Sharecast News) - Rolls-Royce has signed an agreement to sell its Bergen Engines business to global engineering group Langley Holdings for an enterprise value of €63m.
Read moreGovernment looking at ways to exclude CGN from UK energy projects
26th Jul 2021 12:39
(Sharecast News) - The UK government is looking at ways to exclude China's state-owned China General Nuclear Corp. from all future power projects in the country.
Read moreRolls-Royce shares offer 'significant long-term value', says Citi
20th Jul 2021 12:57
(Sharecast News) - Shares of engine maker Rolls-Royce offer "significant long-term value", Citi said on Tuesday.
Read moreUK may reinstate some lockdown measures if situation becomes 'unacceptable'
16th Jul 2021 18:32
(Sharecast News) - The UK might reinstate some lockdown measures if the latest wave of the coronavirus pandemic becomes unacceptable.
Read moreTravel stocks tumble as Merkel pushes for EU-wide quarantine
28th Jun 2021 11:30
(Sharecast News) - Travel stocks came under intense pressure on Monday as Germany pushed the European Union to designate the UK a "country of concern" and introduce strict quarantine measures for British travellers.
Read moreCinven, Bain said to be battling it out for Rolls-Royce's ITP Aero
22nd Jun 2021 10:53
(Sharecast News) - Private equity firms Bain Capital and Cinven are reportedly battling it out in the final bidding for Rolls-Royce's ITP Aero division, which could fetch around €1.5bn.
Read moreBerenberg names Rolls Royce 'top pick', operating margins set to grow substantially
15th Jun 2021 13:18
(Sharecast News) - Analysts at Berenberg selected Airbus and Rolls Royce as their 'key picks' within civilian aerospace, arguing that the deep restructuring such companies had withstood would drive bigger operating margins within three to five years in comparison to pre-pandemic levels.
Read moreRolls-Royce appoints Anita Frew as new chair
9th Jun 2021 07:56
(Sharecast News) - Engine maker Rolls-Royce said on Wednesday that Anita Frew will succeed Sir Ian Davis as chair on 1 October.
Read moreDeutsche Bank casts doubt on Rolls-Royce achieving guidance
17th May 2021 08:27
(Sharecast News) - Engine maker Rolls-Royce reaffirmed its FY21 guidance last week but Deutsche Bank said on Monday that achieving the guidance "looks a bit daunting".
Read moreSunday newspaper round-up: Pfizer, GlaxoSmithKline, Rolls-Royce
16th May 2021 12:25
(Sharecast News) - Pfizer's most senior UK executive has criticised the call to forgo patents on Covid vaccines, warning that it would lead to a global shortage of raw materials. Ben Osborn, who leads the American drugs giant in the UK, said an intellectual-property waiver was "not the answer". "We would see a very rapid short-term impact," he said. "It could allow any organisation to start procuring some of these basic raw materials across multiple countries." Osborn, 44, said it could even mean that existing vaccine manufacturers - which include Astra Zeneca and US biotech venture Moderna - would be unable to fulfil their obligations to deliver doses. - Sunday Times
Read moreRolls-Royce expects to turn cash-flow positive in second half
13th May 2021 07:00
(Sharecast News) - Rolls-Royce engines flew at 40% of 2019 levels in the first four months of this year as the company said it expected to turn cash-flow positive in the second half as airline travel recovered from the Covid pandemic.
Read moreThursday preview: US Producer prices, Rolls Royce in focus
12th May 2021 11:43
(Sharecast News) - Investors' focus on the US will continue to be trained on the US, where factory gate price data for April are due out.
Read moreEurope close: Travel and Leisure, Basic Resources names pace gains
26th Apr 2021 17:07
(Sharecast News) - European shares finished higher on Monday as investors prepared for a raft of major corporate earnings and data from the US this week.
Read moreGlobal military spending up 2.6% in 2020 despite pandemic
26th Apr 2021 10:27
(Sharecast News) - Global military expenditure rose by 2.6% to $1.98trn last year despite some defence funds being reallocated to fight the Covid-19 pandemic, the Stockholm International Peace Research Institute said in a report issued on Monday.
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