LON:RR

Rolls-Royce buys the rest of ITP it does not already own to boost its stake in the engine aftermarket sector

Rolls-Royce expects to meet full-year goals but could suffer from pound devaluation

KAI won the development tender for the programme in 2015 through a joint bid with Lockheed Martin.

Bain & Company was commissioned by chief executive Warren East to do the study.

Rolls-Royce CEO Warren East will make the commitment to MPs on 22 March.

It is working with Honeywell and Aurora Flight Sciences to develop the 'Lightning Strike'.

Singer will join as a non-executive director and also be a member of its science and technology committee.

Centrica and Anglo American were the latest FTSE 100 stocks to cut returns to shareholders this week.

UK and European stocks gained as oil prices surged almost 10%, driving miners higher.

Pre-tax profit in the year to 31 December dropped to £1.43bn, a fall of 12% compared to 2014.

Slump in commodity prices and increased competitions force dividend cuts across sectors but banks buck the trend.

The move will hurt UK's leading pension funds, which are among its biggest shareholders.

It competes with General Electric to win engine contracts for Boeing 787.

The plane engine manufacturer boasts of clients such as Boeing Co. and Airbus Group.

Experts expect China's ruling People's Party to keep the economic slowdown under tight control.

These supersonic jets will be able to fly faster than the speed of sound.

The move is among the first steps of a programme to simplify processes at the company.

British investor sold 43 million shares in the troubled company for about £232m.

The possible job cuts are expected to be high on the agenda of reporters and investors alike.

East gave no confirmation of the 2,000 senior roles expected to be axed.

The engineering firm is increasingly facing scrutiny from the likes of US investment group ValueAct.