Rolls-Royce, Britain’s biggest manufacturer by market value, is defying the gloomy economic outlook with rising sales driven by demand from Boeing and Airbusfor fuel-efficient engines.
Revenues from civil aerospace rose 17pc in the first... Read More
PARIS (Reuters) - European planemaker Airbus delayed the introduction of its newest passenger jet, the carbon-composite A350, as parent EADS unveiled better-than-expected second-quarter earnings lifted by resilient demand for its existing ran... Read More
Caterpillar, the world's top heavy construction equipment maker, said Wednesday it racked up its best quarter in history in April through June, and raised its full-year profit outlook.
Second-quarter profit was $1.7 billion, driven b... Read More
SEATTLE (Reuters) - Boeing Co reported a greater-than-expected increase in second-quarter profit and raised its full-year earnings forecast on Wednesday as rising airplane deliveries offset higher pension costs.
The planemaker and defense cont... Read More
Two new energy centers in London’s Stratford City and Kings Yard areas are ready to supply 10 megawatts (MW) of efficient power, heating and cooling for the London 2012 olympic games and paralympic games as well as East Lond... Read More
Dialight PLC rose the most in more than six weeks after the maker of LED lighting raised its dividend and said a factory in Malaysia is almost ready to begin production.
Manufacturing will start in Penang in the current quarter ... Read More