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The Latest Breaking News from Warren East

Former bosses of HSBC and Rolls-Royce knighted in new year honours

Noel Quinn and Warren East, as well as Chanel chief Leena Nair among business figures to be honoured

The Guardian - UK

Former HSBC and Rolls-Royce bosses knighted

The chiefs of Network Rail, Chanel and the British Business Bank are also among those from the business world receiving honours.

Evening Standard

Top marks for ambition, but new Rolls boss still has to set hard targets

Tufan Erginbilgic is saying the right things but the engine-maker’s performance is still a shocker

The Guardian - UK

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New Rolls-Royce boss launches strategic review despite profits rise

Tufan Erginbilgic outlines need for further changes after announcing 57% rise in profits to £650m

The Guardian - UK

Ineos in talks with Rolls-Royce on mini-nuclear power plant technology

Chemicals giant wants to produce zero-carbon electricity to power planned hydrogen systems at Grangemouth refinery

The Guardian - UK

Rolls-Royce on 'path to investment' after repaying £2bn debt

In its latest trading update, the aerospace giant confirmed it had sold off its engineering business ITP Aero

Birmingham Post

Rolls-Royce appoints new chief executive to power systems division

Dr Jörg Stratmann will join the aerospace company in November

Birmingham Post

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Rolls-Royce blames supply chain woes and Covid hit to aviation for £111m loss

Shares fall 10% as outgoing chief Warren East says jet-engine maker has ‘post-Covid indigestion’

The Guardian - UK

Rolls-Royce profits hit by inflation and war in Ukraine

Operating margins at the engine maker have been squeezed in the first half of the year

Birmingham Post

Unilever demonstrates an impressive degree of pricing muscle

Upgrading its revenue guidance is reassuring after the firm’s failed tilt at GSK’s consumer arm, but things remain volatile

The Guardian - UK

Can Rolls-Royce’s new boss rev up its fortunes?

A veteran of BP, Tufan Erginbilgic arrives with a reputation for ‘creation of significant value’

The Guardian - UK

Benzinga Before The Bell: Walmart's Outlook Cut, Apple's Self Driving Car Dreams, Coinbase's SEC Investigation And Other Top Financial Stories Tuesday, July 26

CNBC

Benzinga

Rolls-Royce names former BP executive as new boss

Tufan Erginbilgic will succeed outgoing chief executive Warren East on January 1 next year.

The Independent UK

Just hot air? For all the Farnborough talk, zero-carbon flying remains years away

Record heat reaffirms urgency to decarbonise, but technical challenge is far greater for aviation than for most other parts of economy

The Guardian - UK

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AFP

Rolls-Royce champions energy transition at Farnborough

London (AFP) - British aircraft engine maker Rolls-Royce is "championing" the energy transition and the decarbonisation of aviation, its outgoing chief executive Warren East told AFP on Tuesday at the Farnborough airshow.

Benzinga

Union Rejects Rolls Royce's Inflation Bonus: All You Need To Know

A union representing Rolls Royce Holdings plc (OTC:RYCEY) workers in the U.K. rejected the company's offer of a £2,000 one-off payment to beat the crippling inflation, the BBC reports. The offer also included a 4% pay hike. The union known as Unite argued that the offer "falls far short of the real cost…

Evening Standard

Rolls-Royce hands staff £2,000 cost of living payment

Boss Warren East has written to employees to inform them of decision

Bristol Post

Rolls-Royce Bristol staff to be paid extra £2,000 to help with soaring cost of living

Thousands of workers in Filton are set to receive a boost to their pay packet

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Birmingham Post

Rolls-Royce to pay staff £2,000 to help with cost of living crisis

The money will mainly be for staff at the aerospace giant's Derby and South Gloucestershire sites

Birmingham Post

Rolls-Royce chief executive Warren East says company has 'sustainable future'

The aerospace giant posted its latest trading update ahead of its annual general meeting on Thursday

Birmingham Post

Rolls-Royce shares fall as takeover rumours wear off

The company's share price surged on Friday as investors reacted positively to a report of a "significant corporate transaction"

The Guardian - UK

Warren East’s departure from Rolls-Royce is bad timing, but he’s done well

Choosing the day Russia invaded Ukraine to make his announcement sums up the chief’s tumultuous stint

The Guardian - UK

Warren East profile: The Rolls-Royce troubleshooter

The church organ-playing CEO underwent a baptism of fire at the troubled engine maker in his career-defining challenge

The Guardian - UK

Rolls-Royce share value down £1.5bn after CEO says he will quit

Board to hunt for successor to Warren East as departure overshadows annual results

AFP

Engines giant Rolls-Royce back in profit, seeks CEO

London (AFP) - Rolls-Royce, the British maker of aircraft engines, announced Thursday a return to annual profit in 2021 after it slashed costs, adding that its long-serving chief executive would step down.

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