Company - Feb 14, 2017
On Tuesday, United Kingdom-based luxury car and aircraft engine manufacturer, Rolls Royce, declared a record loss of $5.8 billion (4.6 billion pounds).
Company - Jan 17, 2017
Rolls-Royce said that it has settled longstanding bribery and corruption cases with the US and UK authorities, for a cost of over 671 million pounds ($809 million).
Automotive - Jan 09, 2017
Britain’s biggest car-maker Jaguar Land Rover cars (JLR) sold a record 583,312 cars in 2016, registering a 20 percent rise than the previous year.
Company - Dec 28, 2016
The European aerospace company, Airbus Group, is postponing the delivery of 12 superjumbo A380 to Dubai-based Emirates Airline over the next two years.
Company - Dec 05, 2016
The United Kingdom-based engineering and aerospace company Rolls-Royce announced that, it is going to lay off 800 jobs. This famous aero-engine manufacturing firm said, these cuts are a piece of a pla
Automotive - Dec 02, 2016
The Finance Ministry of China stated, this step is targeted at encouraging rational consumption and controlling the usage of energy and emissions as well as promote energy-efficient cars.
Company - Nov 22, 2016
Mid-Eastern carrier giant, Emirates, is reportedly not satisfied with the new carrier engines designed and supplied by the automobile giant Rolls-Royce, which were ordered to power 50 of the Airbus gr