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Rolls-Royce Holdings plc (RYCEF)

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1.3050+0.0250 (+1.95%)
At close: 03:11PM EST
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  • The Guardian

    Rolls-Royce is a ‘burning platform’ that must transform, says new CEO

    ‘We underperform every key competitor out there,’ staff are told in global address by Tufan Erginbilgic

  • Financial Times

    Rolls-Royce’s new chief warns company is a ‘burning platform’

    The new chief executive of Rolls-Royce has given a brutal assessment of Britain’s flagship engineering group, telling employees it must transform the way it operates or it will not survive. In a global address broadcast to staff, parts of which were shared with the Financial Times, Tufan Erginbilgic warned investors were losing patience with the FTSE 100 group. The Turkish-British national took over from Warren East at the start of January with a brief to improve Rolls-Royce’s performance.

  • CNW Group

    Xanadu and Rolls-Royce to build quantum computing tools with PennyLane

    Xanadu, the world leader in photonic quantum computing, and Rolls-Royce are co-developing new quantum algorithm tooling for PennyLane, Xanadu's open-source quantum computing software widely used for quantum machine learning, chemistry, and optimization.