Rolls-Royce receives record £6bn engine order

Rolls-Royce has received its largest order to date, worth £6.1bn ($9.2bn), to supply engines for 50 Emirates A380 planes.

Rolls-Royce sees record 33% boost in luxury car sales

Engineering firm Rolls-Royce has seen a record 33% rise in luxury car sales in the half year to June compared with last year.

Rolls-Royce plans remote-controlled ships with no captain or crew on board

A fleet of giant cargo ships, up to almost a quarter of a mile long and wider than a motorway, are to crisscross the world's oceans without a captain or crew on board.

Rolls-Royce blames strength of pound for profit slump

The strength of the pound and a one-off charge for fixing a product problem will reduce Rolls-Royce's profits by £70m this year.

Rolls-Royce engineer loses tribunal case on 'whistle-blowing dismissal'

An employment tribunal has dismissed a claim from a senior Rolls-Royce engineer saying he was sacked for blowing the whistle on allegations of potentially serious problems with the company's jet engines.

Rolls-Royce to buy Daimler stake of power systems unit with cash, borrowing

LONDON (Reuters) - British engineering company Rolls-Royce said on Friday it would fund the purchase of German carmaker Daimler's 50 percent stake of a jointly owned power systems company using cash and some borrowing.

Rolls-Royce Portsmouth naval plant to close

Rolls-Royce is to close its manufacturing plant in Portsmouth.

Rolls-Royce: SFO launches formal bribery and corruption investigation

The Serious Fraud Office has opened a formal criminal investigation into allegations of bribery and corruption at aircraft engine maker Rolls-Royce.

Rolls-Royce 'regrets' Qantas A380 engine explosion

Rolls-Royce has said that it "regrets" the mid-air failure of one of its Trent 900 engines which happened on a Qantas A380 plane in November 2010. The explosion in the engine had forced an emergency landing of the plane.

Rolls-Royce accused over $20m payment in Indonesia

Rolls-Royce, the British engineering group, has been accused of paying $20m (£12.5m) and a blue Rolls-Royce car to the son of the former president of Indonesia to win a contract to supply engines.

Rolls-Royce sells its share in IAE to Pratt & Whitney

Rolls-Royce is selling its share in the International Aero Engines (IAE) joint venture to Pratt & Whitney.

Rolls-Royce owns 32.5% of IAE, which makes the V2500 engines for the Airbus A320.

It will be paid $1.5bn (£956m) and receive future payments based on the use of the engines.

Rolls-Royce: Plane engine failed because of oil fire

(CNN) -- Rolls-Royce said Friday that the failure of a specific component of its Trent 900 engine caused an oil fire that then forced a Qantas A380 to make an emergency landing.

"The failure was confined to a specific component in the turbine area of the engine," the engine maker said. "This caused an oil fire, which led to the release of the intermediate pressure turbine disc. "

The incident will cause the company's full year profit growth to be slightly lower than "guided," Rolls-Royce said Friday. In July, the company had predicted its underlying profits would grow between four and five percent compared to 2009.

On Monday, Qantas CEO Alan Joyce told reporters the planes will not return to service until the airline is "100 percent sure" about their safety.

Oil leaks have been discovered in engines on three planes, and investigations continue, Joyce added. The leaks were beyond normal tolerances, he said.

On November 4, a Qantas flight was forced to return to Singapore's Changi Airport after one of its engines shut down and the engine's covering, or cowling, tore off above the western Indonesian island of Batam.

The Australia-bound flight was carrying 440 passengers and 26 crew members.

By the CNN Wire Staff
Source: CNN
www.cnn.com