GULF TIME On the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC ...
Read More »Rolls-Royce suffers cash drain from jet, Brexit bottlenecks
Bloomberg Rolls-Royce Holdings Plc’s cash outflow ballooned in the first half as a bottleneck in plane deliveries at Airbus SE and Boeing Co reduced engine revenue and stockpiling for a no-deal Brexit led to a buildup of parts. Europe’s biggest jet-engine maker posted negative underlying free cash flow of $522 million for the six months, almost six times the level ...
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