KPMG faces fine over Rolls-Royce audit - report
23rd May 2022 08:03
(Sharecast News) - Scandal-hit auditing firm KPMG is reportedly about to be slapped with a another fine over the quality of its past work on Rolls-Royce.
Read moreDeutsche Bank and JP Morgan lower their target prices for Rolls Royce
16th May 2022 13:36
(Sharecast News) - Analysts at Deutsche Bank and JP Morgan lowered their target prices for Rolls Royce following medium-term guidance from the aerospace engineer.
Read moreRolls-Royce trades in line, shows signs of recovery
12th May 2022 07:43
(Sharecast News) - Aerospace and defence giant Rolls-Royce said on Thursday that its financial performance year-to-date had been in line with expectations as it kept its full-year financial guidance for 2022 unchanged.
Read moreJPMorgan downgrades Rolls-Royce to 'underweight', shares slide
12th Apr 2022 08:17
(Sharecast News) - JPMorgan Cazenove downgraded Rolls-Royce on Tuesday to 'underweight' from 'neutral' and slashed the price target to 75p from 140p, sending shares in the engine maker tumbling.
Read moreRolls-Royce Power Systems boss Schell to step down
7th Apr 2022 13:53
(Sharecast News) - Rolls-Royce said on Thursday that Andreas Schell has decided to step down from his role as president of the Power Systems business to take up the post of CEO at German energy company Energie Baden-Württemberg.
Read moreSunday 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
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