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...BlackRock plans to roll out generative artificial intelligence tools to clients in January as part of a larger drive to use the technology to boost productivity, the $9.1tn asset manager told employees on...
...East was chief executive of Rolls-Royce between 2015 and 2022....
...The UK’s air traffic control provider, National Air Traffic Services, has appointed former Rolls-Royce chief executive Warren East to be its new chair as the company looks to recover from a difficult period...
...“Our drive is to create value for all the stakeholders of Rolls-Royce.”...
...For now, the focus will be on ensuring Rolls-Royce delivers on those new targets, including improving the earnings margins on its long-term service agreements with airline customers....
...Instead, profits come from service contracts. A more rational approach is required. Rolls-Royce has achieved reasonable scale; less discounting is needed....
...Erginbilgic said he expected to leverage Rolls-Royce’s new UltraFan programme of engine technologies for when the next generation of narrow-body aircraft is due to enter service around 2035....
...*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at igniteseurope.com....
...Australia and the UK have signed a defence and security treaty and announced £2.4bn in Australian investment in Rolls-Royce’s nuclear reactor facilities as the two nations tighten ties in the face of rising...
...Alan Newby, director of research and technology at Rolls-Royce, said that finding a supply of hydrogen would be one of the industry’s biggest challenges....
...This will create problems for Rolls-Royce longer term. But at the moment, the UK jet engine group is at cruising altitude....
...Rolls-Royce’s first-half profits surged fivefold after the rebound in international travel and better pricing for servicing engines helped buoy its performance....
...The purchase commitments mean 2023 will be the best year for Rolls-Royce in terms of new orders for 15 years....
...Some of these trapped investors will roll into continuation funds, but a lot of clients are wary of them. But we know what you’re thinking: This has always been a thing. And it’s not insignificant....
...They can make up the revenue shortfall by raising annual card membership fees and interest rates, or roll back rewards for cardholders....
...The £763mn investment, which includes more than £400mn from industry including BAE, Rolls-Royce, Babcock International and EDF, will create about 5,000 new apprenticeships over the next four years....
...Intuit Q2, Indivior Q4, Jupiter Fund Management FY, Lenovo Q3, Lloyds Banking Group FY, ME Group FY, Mercedes-Benz FY, Mondi FY, Morgan Sindall FY, Nestlé FY, Pantheon International HY, Qantas Airways HY, Rolls-Royce...
...While conservative stocks such as Lloyds, GSK and Rolls-Royce are popular with AJ Bell’s over-65 clients, chipmaker and AI darling Nvidia was the fourth most popular buy in the year to date, after its share...
...The Rolls-Royce machinery of the British state has been rusting for years....
...“The twin-engine A350 is Airbus’ flagship widebody aircraft which entered into service in 2015. It is powered by Rolls-Royce XWB engines....
...Only Rolls-Royce of the UK has fared better. Its shares are up 178 per cent. Even so, investors accord more value on GE....
...Founded in 2017, Neurobox, for example, has provided neurodiversity workplace support for companies including Rolls-Royce, Samsung and Nationwide....
...Next-generation nuclear developers such as Rolls-Royce are battling “regulatory marathons” that are slowing down the nascent industry for small modular reactors....
...The full list of companies on the 2024 council is: BT Group, Nationwide, Unilever, Rolls-Royce, ScottishPower, Almac Group, Barratt Developments, ITV, Lloyds Banking Group, OMass Therapeutics, Raspberry...
...Sunak was also positive about the economy as he chaired the first meeting of his 2024 business council, which drew bosses of companies including Rolls-Royce, ITV, Unilever and Greggs for talks in Number...
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