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Stock Market & Financial Investment News

News Breaks
December 6, 2012
06:27 EDTRYCEYRolls-Royce says passes information to the SFO relating to bribery concerns
Rolls-Royce, the global power systems company, has passed information to the Serious Fraud Office relating to concerns about bribery and corruption involving intermediaries in overseas markets. This follows a request for information from the SFO about allegations of malpractice in Indonesia and China. Investigations by Rolls-Royce have identified matters of concern in these, and in other overseas markets.The consequence of these disclosures will be decided by the regulatory authorities. It is too early to predict the outcomes, but these could include the prosecution of individuals and of the company. We will cooperate fully. Rolls-Royce will appoint an independent senior figure who will lead a review of current procedures and report to the Ethics Committee of the Board.
News For RYCEY From The Last 14 Days
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July 16, 2014
08:10 EDTRYCEYBoeing, Airbus narrow engine choices in move toward efficient jets, WSJ says
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07:35 EDTRYCEYCIT Group, Rolls-Royce finalize agreement for Trent 7000 engines for A330-900neo
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July 14, 2014
08:05 EDTRYCEYParker Aerospace partners with Rolls-Royce to support engines
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06:50 EDTRYCEYAirbus launches A330-800neo, A330-900neo
Airbus (EADSY) announced the A330-800neo and A330-900neo launched in July will reduce fuel consumption by a further 14% per seat compared with today’s A330. The company said that the A330neo will not only match the cash operating costs per seat of Boeing's (BA) 787, but also surpass it on direct operating costs per seat, and do so while offering an inch greater seat-width in economy class. The A330neo incorporates latest generation Rolls-Royce (RYCEY) Trent 7000 engines with a larger 112” diameter fan for a 10:1 bypass ratio, more seats and new cabin features. First deliveries of the newest A330 family members are scheduled to start in 4Q17. Reference Link
06:39 EDTRYCEYAirbus debuts overhauled A330 jet at airshow, Reuters says
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July 11, 2014
08:49 EDTRYCEYAirbus sees upgraded A330 jet 14% more fuel efficient, WSJ reports
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