London :Rolls-Royce, the British maker of plane engines, said Thursday that it plans to cut 4,600 mainly British jobs by 2020, adding to thousands of cuts already announced in recent years.
“Rolls-Royce announces the next stage in our drive for pace and simplicity with a proposed restructuring that will deliver improved returns, higher margins and increased cash flow,” the group said in a statement.
HONG KONG: Markets fell in Asia on Friday in holiday-thinned trade with investors awaiting developments in US stimulus talks, while...
HONG KONG: Asian equities pulled back on Thursday after a strong run-up in recent weeks as investors took a breather...
HONG KONG: Most Asian markets advanced again Wednesday as investors ignored a stall in Wall Street’s rally, with eyes firmly...
HONG KONG: Equities pushed ever higher in Asian trade on Tuesday following another record-breaking performance on Wall Street as vaccinations...
