STOCKS TO WATCH: Rolls-Royce shares go nuclear; Unilever to vote on London HQ By Alex Lawson, Financial Mail On Sunday Published: 10:54, 12 October 2020 | Updated: 10:54, 12 October 2020 Rolls-Royce shares have been buffeted like a plane in a tornado in recent months – and there are signs of more turbulence ahead. The … Read more
Hitachi’s abandonment of nuclear investment at Wylfa in Anglesey together with Foreign Secretary Dominic Raab’s harder line on human rights in China may do Britain’s struggling engineering warrior Rolls-Royce a favour. For the last several years, the group’s researchers have been championing British-designed and manufactured small modular reactors (SMRs) to provide a solution to energy … Read more
Rolls-Royce poised to tap investors for £2.5bn at steep discount to current share price to solve funding crisis By Jamie Nimmo, Financial Mail On Sunday Published: 21:50 BST, 26 September 2020 | Updated: 21:50 BST, 26 September 2020 Rolls-Royce is poised to tap investors for £2.5billion at a steep discount to the current share price … Read more
Kuwaitis eye a stake in Rolls-Royce as troubled engineering giant reports a record £5.4bn annual loss By Daily Mail City & Finance Reporter Published: 21:50 BST, 25 September 2020 | Updated: 21:50 BST, 25 September 2020 Kuwait’s sovereign wealth fund was last night said to be in talks about buying a stake in Rolls-Royce. The … Read more
Rolls-Royce on target to test superfast electric plane: Spirit of Innovation set for first record attempt in early 2021 By Daily Mail City & Finance Reporter Published: 21:51 BST, 24 September 2020 | Updated: 21:51 BST, 24 September 2020 Rolls-Royce has insisted it is months away from its first attempt at breaking the 300mph record … Read more
ALEX BRUMMER: Government must support Rolls-Royce – jobs, engineering skills, R&D and Britain’s future as an aerospace champion are at stake Rolls-Royce is Britain’s premier engineering business, with a reputation for excellence It is a victim of Covid-19 and the failure of Boris Johnson’s government to keep the skies open in the pandemic By Alex … Read more
Rolls-Royce shares slide as the engine maker says it’s looking at raising up to £2.5bn in fresh funding following restructure Rolls-Royce says it’s considering a rights issue or other fundraiser Reports say the company will consider investments from sovereign wealth funds Last month the engineering giant reported a £5.4bn half-year loss In May the … Read more
Rolls-Royce set to tap investors for £2.5bn as shares near 16-year low By Ben Harrington, Financial Mail on Sunday Published: 21:53 BST, 19 September 2020 | Updated: 21:53 BST, 19 September 2020 Rolls-Royce is on the cusp of launching an emergency fundraising to tap shareholders for between £2billion and £2.5billion. City sources said the FTSE100-listed … Read more
Ask any resident of Barnoldswick in Lancashire where they live, and they’ll tell you: ‘Barlick’. They will insist most robustly, despite some boundary changes nearly 50 years ago, that their market town is actually in Yorkshire. And they might well tell you, too, how proud they are to be associated with the prestigious name of Rolls-Royce, … Read more
Rolls-Royce battles for its survival: Engineer to sell £2bn of assets after posting record £5.4bn loss By Francesca Washtell For The Daily Mail Published: 22:19 BST, 27 August 2020 | Updated: 22:19 BST, 27 August 2020 Rolls-Royce is aiming to raise £2billion by selling parts of its business as it struggles to survive the coronavirus … Read more