Page 3 - Rolls-royce
Rolls-Royce to raise $2.6 billion debt to fund Covid-19 pandemic relief
Rolls Royce is seeking to shore up capital amid the brutal impact of the Covid-19 pandemic on the aerospace industry.
 "Rolls-Royce to raise $2.6 billion debt to fund Covid-19 pandemic relief")
Rolls-Royce plans to raise $6.5 billion to survive Covid-19 cash crunch
Rolls, whose engines power the Boeing 787 and Airbus 350, said in May it would cut 9,000 jobs as a result of the pandemic and its finances have been under intense scrutiny
Rolls-Royce Holdings stock hits 17-year low as slump deepens for airlines
Europe's biggest airline will pull 150 jets by mid-decade, 50 more than in its previous plan
World Coronavirus Dispatch: World economy to shrink 4.5% this yr, says OECD
The better view reflects the strong economic pickup in recent months and the vast injection of public resources
 "World Coronavirus Dispatch: World economy to shrink 4.5% this yr, says OECD")
Rolls-Royce says demand for luxury cars recovering due to sales in Asia
Torsten Muller-Otvos said the demand meant Rolls-Royce was the first car company to resume car production in the United Kingdom on May 4
Virgin Galactic, Rolls-Royce team up to make supersonic commercial airplane
The aircraft would travel at Mach 3 - rather than the Mach 2 speed of Concorde, the pioneering jet that operated from 1976 to 2003
 "Virgin Galactic, Rolls-Royce team up to make supersonic commercial airplane")
Rolls-Royce plans $1.9 billion share issue to bolster finances, says Report
Rolls-Royce, which makes engines for the Boeing 787 and Airbus 350, said it would burn through 3 billion pounds in the first half of the year
Moody's downgrades Rolls-Royce's credit rating to junk; outlook negative
Shares in Rolls-Royce, which have already lost almost two-thirds of their value during the pandemic, dropped 5.7% to trade at 253 pence at 0827 GMT, after Moody's statement
Rolls-Royce burns through 3 billion pounds, expects more cash outflows
The British company, which makes engines for the Boeing 787 and Airbus 350, said flying hours fell 75% in April, May and June, and it had only seen a marginal improvement since
Covid-19 impact: Rolls-Royce Holdings plans to cut 3,000 jobs in UK
The London-based manufacturer said it expects to trim a total of 8,000 positions from the aviation division
 "Covid-19 impact: Rolls-Royce Holdings plans to cut 3,000 jobs in UK")
Covid-19 impact: Rolls-Royce to cut 9,000 jobs to save $1.5 bn annually
The job losses would mostly take place in its civil aerospace business
 "Covid-19 impact: Rolls-Royce to cut 9,000 jobs to save $1.5 bn annually")
Top headlines: Domestic flights resume Monday, Ola lays off 1,400 staff
Business Standard brings to you a snapshot of events which made it to the headlines today
 "Top headlines: Domestic flights resume Monday, Ola lays off 1,400 staff")
Rolls-Royce to axe 9K jobs in air travel slump, to save GBP 1.3 bn a year
The 9,000 jobs, out of a global staff of 52,000, will go predominantly from Rolls's civil aerospace business, which generates just over half of its 15 billion pounds ($18 billion)of annual revenues
World coronavirus dispatch: The pathogen is changing in unknown ways
From first execution in US since the coronavirus outbreak, to what Facebook is doing to get people to workplace, and how to socialise safely - read these and more in today's world dispatch
 "World coronavirus dispatch: The pathogen is changing in unknown ways")
Rolls-Royce to ditch profit, delivery targets, suspend dividend: Report
In March, engine flying hours were down by about 40%, the newspaper said, citing a source. The company is paid by airlines based on how many hours its engines fly.
 "Rolls-Royce to ditch profit, delivery targets, suspend dividend: Report")
Rolls-Royce-Force Motors JV factory to start operations in a few months
Will make and sell engines specifically for the power generation and railway segments; signs pact with IIT Madras for jt research
Rolls-Royce-Force Motors JV factory to start operations in a few months
Will make and sell engines specifically for the power generation and railway segments; signs pact with IIT Madras for jt research
Rolls-Royce, IIT Madras to collaborate for joint research programs
The initiative is in line with the company's efforts to promote growth and career progression for its engineering talent
 "Rolls-Royce, IIT Madras to collaborate for joint research programs")
Upbeat Rolls-Royce says it is finally getting over engine troubles
Rolls-Royce expects to deliver 450 of the wide-body engines in which it specializes this year
 "Upbeat Rolls-Royce says it is finally getting over engine troubles")
From rare paintings to luxury cars, Nirav Modi's assets to go under hammer
Modi, who has allegedly defrauded state-run Punjab National Bank of over Rs 14,000 crore, is on the run and was last spotted in the UK
 "From rare paintings to luxury cars, Nirav Modi's assets to go under hammer")
