British engineer Rolls-Royce said it would cut 2,600 jobs over the next 18 months, in a battle to reduce costs almost three weeks after a major profit warning.
Europe shares saw strong gains on Friday, ending the day firmly in positive territory, with investors searching for bargains after heavy selling.
Rolls-Royce warned that it would not return to growth next year, as economic conditions have deteriorated.
Royal Caribbean is introducing a robot bartender, but the experience just isn't the same, says Issac from 'The Love Boat.' NBC News reports.
Stephen Hung, a luxury hotel entrepreneur, ordered 30 Rolls-Royces—the largest single order ever of Rolls-Royces, according to the company.
The rich are buying expensive cars at a record pace, and one manufacturer has limited production to maintain exclusivity. NBC News reports.
British luxury auto maker Rolls Royce has set its sights on one of Asia's poorest but fastest growing nations: Cambodia.
European markets finished slightly up on Friday afternoon, after wobbling around the flat line throughout the day.
European shares closed higher as investor sentiment received a boost from the Federal Reserve who said the U.S. economy is rebounding.
Ratings agency Moody's said Emirates' cancellation of an order for 70 A350 planes from Airbus was "credit negative" for the European planemaker.
For the next great investment ideas, look to the M&A space, York Capital Management CEO Jamie Dinan says.
General Electric hopes that three letters - CFM - will convince French leaders to back its offer to rescue Alstom.
European shares closed lower lower on Monday with basic resources stocks weighing heavily on bourses after weak data from China.
Car manufacturers at Europe's premier car show were confident the recent uptick in sales in Western Europe would continue, and attributed weak U.S. sales to the severe weather.
If you're considering a night at one of the world's most exclusive hotel suites with your Valentine, but be prepared to fork out a full year's salary.
Airbus is exploring ways to improve A380's sales after receiving a crucial signal 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.
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.