Stocks rocked by Rolls-Royce growth warning February 13, 2014 ROLLS-ROYCE said its profits fell more than a third in the last year, and warned there will be no growth in 2014 either, sending its shares tumbling almost 14 per cent and dragging the FTSE 100 lower yesterday. The engineering giant reported pre-tax profits of £1.76bn, down 36 per cent on the previous year, though [...]
Two arrested in Rolls-Royce bribery probe February 12, 2014 TWO MEN were arrested yesterday after the Serious Fraud Office co-ordinated raids across London as part of its investigation into Rolls-Royce. The fraud squad, which opened a criminal probe into claims of bribery and corruption at Rolls-Royce in December, confirmed the property searches and the arrests. The National Crime agency and the City of London [...]
Rolls-Royce and Bentley drive home record global sales January 8, 2014 TWO of Britain’s luxury car brands enjoyed unprecedented global sales last year, driven by booming demand in the Middle East and parts of Asia. Rolls-Royce Motor Cars said today it delivered 3,630 vehicles in 2013, up 1.5 per cent to give the firm its fourth record-breaking year in a row. The UK has been “stable” [...]