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LONDON, July 28 (Reuters) - BAE Systems, Britain's biggest defence company, named Cressida Hogg as its next chair on Thursday, as it reported stronger-than-expected half-year earnings, announced a share buyback plan and anticipated the Ukraine war would drive client spending.
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(Alliance News) - Stock prices in London were lacking direction at midday on Tuesday, with the overall market on hold ahead of a key Federal Open Market Committee monetary policy decision due on Wednesday.
Read more(Alliance News) - Stock prices in London opened mixed on Tuesday as the US Federal Reserve's latest monetary policy meeting gets underway, while Unilever rose after issuing a positive sales outlook.
Read more(Alliance News) - Roll-Royce Holdings PLC on Tuesday said it has hired former BP PLC Executive Tufan Erginbilgic as its new chief executive officer.
Read moreLONDON, July 26 (Reuters) - Aero-engine maker Rolls-Royce on Tuesday named former BP executive Tufan Erginbilgic as its new CEO, succeeding Warren East who is stepping down at the end of the year.
Read more(Alliance News) - Stock prices in London are seen opening slightly higher on Tuesday as the US Federal Reserve's latest monetary policy meeting gets underway.
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(Sharecast News) - Aero-engine manufacturer Rolls-Royce has appointed former BP executive Tufan Erginbilgic to the role of chief executive officer.
Read more(Sharecast News) - The consultancy unit of EY think that consumer price inflation could hit 15% over the next winter. The prediction is a worst case scenario from the economists at EY-Parthenon, premised on President Putin blocking natural gas supplies to Europe, soaring food prices and inflation expectations becoming embedded amongst the population. Inflation in the UK hit a 40-year high in June, rising at an annual pace of 9.4%, and candidate for Prime Minister, Rishi Sunak, has described the cost of living as the "number one challenge we face". - Sunday Times
Read moreJuly 20 (Reuters) - The head of Embraer's planemaking unit said on Wednesday it expects to select an engine in the fourth quarter for a potential new turboprop plane that the Brazilian company expects to launch in early to mid-2023.
Read moreJuly 20 (Reuters) - Embraer's commercial CEO said on Wednesday that the planemaker expects to select a turboprop engine in the fourth quarter for potential launch in early to mid-2023.
Read more(Alliance News) - British aircraft engine maker Rolls-Royce Holdings PLC is "championing" the energy transition and the decarbonisation of aviation, its outgoing chief executive Warren East told AFP on Tuesday at the Farnborough airshow.
Read moreLONDON, July 19 (Reuters) - Britain's business minister Kwasi Kwarteng has approved the 6.3 billion-pound ($7.57 billion) takeover of London-based defence firm Meggitt by U.S. engineering and aerospace company Parker-Hannifin , his department said on Tuesday.
Read moreFARNBOROUGH, England, July 19 (Reuters) - The chief executive of EasyJet said the low-cost airline had stabilised it flight operations after cutting its summer schedule last month, but melting runways and air traffic control (ATC) restrictions were not helping during a "challenging summer".
Read more(Alliance News) - Low-cost airline easyJet PLC and aerospace manufacturer Rolls-Royce Holdings PLC have launched a partnership to develop hydrogen engines capable of powering commercial passenger planes, they announced on Tuesday.
Read moreFARNBOROUGH, England, July 18 (Reuters) - Britain said on Monday it was collaborating with Japan and existing partner Italy on its next-generation fighter jet programme, with joint concept analysis expected to lead to decisions on deeper partnerships by the end of the year.
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