Fri, 27th Jan 2023 08:10
(Sharecast News) - Rolls Royce's new boss told staff the engineering group was a "burning platform".
In a global address to staff, parts of which were shared with the Financial Times, Tufan Erginbilgic, said that "given everything I know talking to investors, this is our last chance".
He described the company's performance as unsustainable, adding that the situation had nothing to do with Covid-19.
Nonetheless, he reportedly stressed that he believed the company could be turned around.
WASHINGTON, May 24 (Reuters) - -- Source link: https://tinyurl.com/rpc2zdfr
(Sharecast News) - London stocks ended lower on Thursday, mirroring Wall Street's decline as jobless claims in the US fell more than anticipated.
(Alliance News) - Rolls-Royce Holdings PLC on Thursday said it made a strong start to 2024, despite continued industry-wide supply chain challenges as...
(Sharecast News) - Aerospace and defence business Rolls-Royce said on Thursday that it had made "a strong start to the year", building on its "record"...
BEIJING, May 22 (Reuters) - British firms expect doing business in China to become harder over the next five years, a British business lobby group s...
Rolls-Royce (RR.)