Rolls-Royce, best-known for producing aero-engines, is moving further into the oil and gas business.
Rolls today spent £66 million on a 33% stake in the Norwegian oil and gas support systems group ODIM.
Roll-Royce's marine industry chief John Paterson said: "The offshore sector is core to our marine strategy, and ODIM has a strong market position."
The Bank of England is to give a clearer insight into how deep it expects the current downturn in the economy to sink
The UK's biggest sporting goods retailer, Sports Direct International, has said third-quarter profits rose 10% on strong online sales
The Government was braced for more bad news on the jobs front today with new unemployment figures expected to show another increase,...
The UK's biggest pizza delivery firm Domino's Pizza UK reported a 14.6% rise in full-year pretax profit, ahead of expectations
Chocolatier Thorntons posted a lower first-half profit as it needed to discount heavily and spent more on promotional lines to attract...
Heineken, the world's third-largest brewer, has launched a €500 million euro ($657 million) cost savings plan, and forecast revenue growth...
Hotelier InterContinental Hotels is looking to emerging markets and especially China to drive future growth
Beleaguered Yellow Pages directories publisher Yell has seen its shares plunge as much as a quarter after a worse-than-expected slump in...
Bank of England Governor Sir Mervyn King has gained a major victory in his battle to bring down the spiralling cost of living as inflation...
No one likes getting rejected on Valentine's Day
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