Rolls-Royce Holding PLC

Rolls-Royce Chief Executive Warren East will step down by the end of the year after steering the aero-engine maker through the worst of the pandemic, though fresh challenges loom following Russia's invasion of Ukraine.

British aero engineer Rolls-Royce said it expected to return to positive cash flow in 2022, the final year with Warren East at the helm, after it reported a better-than-expected reduction in its cash burn in 2021.

Brazil planemaker Embraer said on Wednesday it signed a research partnership with Norwegian company Widerøe and Rolls-Royce aiming to create a conceptual zero-emission regional aircraft.

Luxury carmaker Rolls-Royce, a unit of Germany's BMW, said on Monday its sales soared 49% to a record high in 2021 despite the global coronavirus pandemic, as demand worldwide for luxury vehicles surged.

Luxury carmaker Rolls-Royce, a unit of Germany's BMW, said on Monday its sales soared 49% to a record high in 2021 despite the global coronavirus pandemic, as demand worldwide for luxury vehicles surged.

Luxury carmaker Rolls-Royce, a unit of Germany's BMW, said on Monday its sales soared 49% to a record high in 2021 despite the global coronavirus pandemic, as demand worldwide for luxury vehicles surged.

Qatar on Monday joined Britain's Roll-Royce in developing small nuclear power plants capable of delivering low carbon energy to around 1 million homes each.

Rolls-Royce said on Monday Qatar's sovereign wealth fund would invest 85 million pounds ($112.12 million) in the British company's new low-carbon nuclear power business in exchange for a 10% equity stake.

Rolls-Royce expects cost cuts to keep cash outflows below its guidance of 2 billion pounds ($2.6 billion) this year, although the aero-engine maker's hopes of a recovery in long-haul flying face a new challenge from the Omicron coronavirus variant.

Rolls-Royce expects free cash outflow in fiscal year 2021 to be better than its previous guidance of 2 billion pounds ($2.64 billion) thanks to cost cuts and the broader market recovery, the British engineering group said on Thursday.

Germany will promote Moderna for Germans seeking booster shots as high demand for the BioNTech/Pfizer vaccine risks depleting stocks and derailing efforts to tame a fourth wave of the pandemic, Health Minister Jens Spahn said on Monday.

Rolls-Royce has asked Britain's government for clearance to begin the 4-5 year long process of seeking regulatory approval for its small modular nuclear reactor, it said on Wednesday, the first step towards commercializing the technology.

Britain has backed a $546 million Rolls-Royce funding round to develop the country's first small modular nuclear reactor, in a drive to reach net zero carbon emissions and promote new technology with export potential.

Britain has committed 210 million pounds ($283 million) to help Rolls-Royce build the country's first small modular nuclear reactor, part of a drive to reach net zero carbon emissions.

Qatar and Rolls-Royce will team up in a multi-billion pound project to develop and invest in green technology start-ups in the UK and the Gulf Arab state which they hope will reach "unicorn" status as worth more than $1 billion.

Vietnam's VietJet Aviation on Sunday signed a $400-million contract with Rolls-Royce for the provision of aircraft engines and services, the budget airline said.

Rolls-Royce will produce only electric cars by 2030, the luxury carmaker said on Wednesday, joining other premium brands making the switch such as Volkswagen's Bentley and Jaguar's Land Rover.

London's FTSE 100 ended higher on Monday, helped by gains in heavyweight energy and banking stocks, while Rolls-Royce topped the blue-chip index after it agreed to sell its Spanish unit ITP Aero for 1.7 billion euros.

Rolls-Royce said it had agreed to sell its Spanish unit ITP Aero to a consortium led by Bain Capital Private Equity for 1.7 billion euros ($2 billion), helping the British engineering group hit its 2 billion pound target for disposals.