European shares closed lower lower on Monday with basic resources stocks weighing heavily on bourses after weak data from China.» Read More
NEW DELHI, March 3- India's defence ministry said on Monday it had ordered an investigation into state-run Hindustan Aeronautics Ltd's orders from Britain's Rolls-Royce Holdings worth at least $1.2 billion.
NEW DELHI, March 3- India's defence ministry said on Monday it had ordered a bribery investigation over state-run Hindustan Aeronautics Limited's purchase of jet engines from Britain's Rolls-Royce Holdings in a deal worth at least $1.2 billion. No comment was immediately available from Rolls-Royce's office in India.
DERBY, England, Feb 26- British engineering company Rolls-Royce has outlined plans designed to maintain long-term dominance in large aircraft engines, showcasing two new models that could improve efficiency by up to 10 percent.
TOULOUSE, France, Feb 26- Airbus announced a hike in jetliner production as it unveiled higher 2013 profits, clouded by cautious forecasts for the coming year and fresh charges for its newest A350 model.
LONDON, Feb 20- Europe's biggest defence contractor BAE Systems warned on Thursday that it expected earnings this year to drop by up to 10 percent as a result of U.S. spending cuts, with conditions still difficult despite a recent bi-partisan federal budget deal in Congress.
*Q4 sales 963.6 mln eur vs Reuters poll avg 940 mln. MUNICH, Feb 18- Delivering costly new engines to meet a boom in orders for passenger jets will keep profits flat at MTU Aero Engines this year, before its more lucrative spare parts business benefits later this decade, it said on Tuesday.
*Nestle weighs, warns on slower emerging market demand. *Rolls-Royce warning unsettles defence sector. The Italian share index started trimming losses after centre-left leader Matteo Renzi- a supporter of economic reforms emerged as a frontrunner to replace Prime Minister Enrico Letta.
*Nestle weighs as it warns about slower EM demand. LONDON, Feb 13- European stocks snapped a week-long winning streak on Thursday, weighed down by a batch of disappointing updates from blue-chip companies including Swiss food group Nestle and French bank BNP Paribas.
SINGAPORE, Feb 11- Airbus is putting the finishing touches on an order worth up to $8 billion for A380 superjumbos from Doric Lease Corp, sources close to the deal said on Tuesday.
*Airbus says always studying options to improve products. SINGAPORE, Feb 7- Airbus is exploring fresh ways to improve sales of the world's largest passenger jet after receiving a potentially crucial signal of support from at least one of its engine makers, industry sources said.
Aston Martin is recalling most of its cars built since 2007 after discovering a Chinese supplier was using counterfeit plastic in a part.
DETROIT, Feb 5- Aston Martin expanded a recall on Wednesday to cover most of its sports cars built since late 2007 after discovering a Chinese sub-supplier was using counterfeit plastic material in a part supplied to the British luxury sports carmaker.
LONDON, Feb 5- Britain's defence industry is pinning its hopes for long-term growth on a new unmanned aircraft after the government and BAE Systems announced on Wednesday that their Taranis project had surpassed expectations in trials last year.
STOCKHOLM, Jan 23- Sweden's Arcam was 2013' s best performing 3 D printer maker, with investors desperate for exposure to a metal printing technique that is making manufacturing more efficient.
PARIS, Jan 10- After dramatically improving sales of its A320 jet by revamping it with newer and more efficient engines, Europe's Airbus is studying whether to apply the same formula to the larger A330, industry sources and analysts said.
Buoyed by a growing economy and a soaring stock market, buyers are entering showrooms and leaving with trophy cars. The NYT reports.
Rolls-Royce said Britain's Serious Fraud Office (had started a formal investigation into concerns about bribery and corruption.
As Asia's wealthy population continues to grow, bespoke cars have become the latest must-have for those looking to stand out from the crowd.
PARIS, Dec 5- Airbus and its engine makers have acted to try to shore up the value of second-hand A340 aircraft as the European planemaker tries to reduce its financial exposure to depressed market prices of an aircraft that it no longer produces.
PARIS, Dec 4- As it struggles to rein in losses, PSA Peugeot Citroën is cutting back sharply on investment. Research and development is due to fall to well below 3 billion euros in 2013- less than one-fifth of rival Volkswagen's budget.