Rolls-Royce chief executive Tufan Erginbilgic says the company’s nuclear technology could propel it to become the most valuable business in Britain, overtaking giants such as Shell and AstraZeneca. The engineering group has signed agreements to supply small modular reactors (SMRs) to the UK and Czech Republic, with the aim of powering AI-driven data centres –…
Former President Donald Trump is facing mounting criticism after unveiling a U.S.-UK trade framework that offers tariff relief for high-end British luxury vehicles while threatening to double toy prices for American families. In an Oval Office announcement on Thursday, Trump confirmed that the U.S. would lower import tariffs on up to 100,000 UK-manufactured vehicles annually…
Luxury carmaker Rolls-Royce is embarking on a significant expansion of its factory in Chichester, England, signalling a strategic shift towards catering to the rising demand for highly customized and ultra-luxurious vehicles. The BMW subsidiary’s expansion plans, slated to commence next year, will encompass the construction of five new buildings. Contrary to typical factory expansions aimed…
India has filed a criminal complaint against Rolls-Royce and BAE Systems, two prominent companies in the aerospace industry. The complaint alleges corruption and irregularities in a deal for the supply of aircraft engines to the Indian Air Force. This move is part of India’s ongoing efforts to combat corruption and ensure transparency in defense contracts….
