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  • RR.L
    The Wall Street Journal21 minutes ago

    [$$] U.K. Court Approves Rolls-Royce Corruption Settlement

    A U.K. court approved a deferred prosecution agreement between Rolls-Royce and Britain’s Serious Fraud Office to settle a four-year corruption investigation.

  • BARC.L
    Financial Times35 minutes ago

    [$$] Flurry of DoJ settlements caps Obama administration's reign

    Scrambling to wrap up loose ends in their final days on the job, US Department of Justice officials have done a year's worth of work in little more than three weeks.  Prosecutors since December 23 have ...

  • RR.L
    Reuters38 minutes ago

    Rolls-Royce shares jump on profit upgrade, bribery settlement

    Shares in Rolls-Royce (RR.L) leapt on Tuesday after the British maker of engines for planes and ships finalised a 671 million-pound ($831 million) deal to settle a lengthy bribery investigation and said 2016 profits beat previous expectations. The agreement draws a line under investigations by British, U.S. and Brazilian authorities into alleged criminal conduct spanning three decades, at least seven jurisdictions and three of the company's business sectors. Coupled with an upbeat profit forecast, it removes a cloud over the business and comes as a boost to CEO Warren East who, since joining in mid-2015, has led a drive to slash costs and restructure the group following a series of profit warnings.