Bloomberg Rolls-Royce Holdings Plc fell to its lowest in 17 years after detailing a plan to raise as much as 2.5 billion pounds ($3.2 billion) to brace against a drought in demand for aircraft engines. Shares of the UK company slid for a fifth straight session on September 21, dropping as much as 12% after saying two days earlier it’s ...

Bloomberg Transat AT Inc, hit hard by the coronavirus pandemic, dropped to an eight-year low as investors bet against a travel recovery and the completion of a takeover by Air Canada. Shares of Montreal-based Transat have slumped every trading day this month except one. The stock’s 13-session losing streak is its longest since 2008. Transat has lost about C$475 million ...

Bloomberg FedEx Corp is looking at using small self-flying cargo planes to serve remote areas after experimenting with a technology startup on autonomous aircraft, said Chief Executive Officer Fred Smith. The effort builds on the courier’s work with Silicon Valley’s Reliable Robotics, which was founded by veterans of Elon Musk’s Space Exploration Technologies Corp. With approval from the US Federal ...