TOP NEWS: Rolls-Royce confirms to axe up to 2,500 jobs to cut costs
(Alliance News) - Rolls-Royce Holdings PLC on Tuesday confirmed media reports that it plans to reduce its number of jobs for restructuring.
Read more(Alliance News) - Rolls-Royce Holdings PLC on Tuesday confirmed media reports that it plans to reduce its number of jobs for restructuring.
Read more(Alliance News) - Stock prices in London opened higher on Tuesday, buoyed by an improvement in wider market sentiment amid potential diplomatic developments in the Middle East, as well as encouraging signs wage inflation pressures are easing in the UK.
Read more(Alliance News) - Stocks in London are called lower on Tuesday, as uncertainty over developments in the Middle East weighs on sentiment.
Read more(Sharecast News) - Engine maker Rolls-Royce said on Tuesday that it will cut up to 2,500 jobs worldwide as part of a plan to streamline the organisation.
Read more(Alliance News) - Rolls-Royce Holdings PLC it set to axe 2,500 jobs as part of a cost-cutting plan, driven by its new chief executive, according to Sky News reports on Monday.
Read more(Alliance News) - London's FTSE 100 made a solid start to the final stretch of the year, though the mood was still uneasy despite a deal being struck in the US to avert a government shutdown.
Read more(Alliance News) - Britain has signed contracts worth GBP4 billion to finance a new phase of the SSN-Aukus next-generation attack submarine project, according to government officials.
Read moreSenior PLC - Hertfordshire, England-based auto and aircraft components and systems manufacturer - Senior's Aerospace division wins 12-year contract extension with Rolls-Royce Holdings PLC for the supply of precision machined structures and components. Senior Aerospace Chief Executive Officer Launie Fleming says: "Rolls-Royce is a very important customer for Senior and we are pleased to be awarded this long-term contract extension." Says contract extension begins in January 2026 with manufacturing being undertaken at Senior Aerospace's Ketema facility near San Diego, California.
Read more(Alliance News) - The FTSE 100 was tentatively higher at the open on Wednesday but failed to make substantial gains as investors remained cautious amid an uncertain economic backdrop.
Read more(Alliance News) - Stocks in London are set to open lower on Wednesday as investors remained in a risk-off mood amid the prospect of interest rates staying higher for longer in the US.
Read more(Sharecast News) - FTSE 250 engineering and manufacturing group Senior said on Wednesday that its aerospace division has been awarded a 12-year contract extension with Rolls-Royce for the supply of precision machined structures and components.
Read more(Sharecast News) - Rolls-Royce and EasyJet achieved a new milestone in their combined efforts to develop hydrogen-fueled engines.
Read more(Alliance News) - Jet engine maker Rolls-Royce Holdings PLC and airline partner easyJet PLC on Monday said their effort to build an aero engine that runs on green hydrogen achieved a milestone.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read more(Sharecast News) - Investors are now backing Labour, dealing a blow to the Prime Minister's efforts to rebuild the Tories reputation for sound money. Two thirds of money managers and traders canvassed by Bloomberg said that the best outcome for markets from the next election would be either a Labour government or a coalition led by Labour.Four fifths of those polled said that confidence in British assets had yet to recover from the mini-Budget crisis under Liz Truss. - The Sunday Telegraph
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