Airbus, Rolls-Royce, Siemens teaming to develop a hybrid plane

Airbus, Siemens and Rolls-Royce are teaming up to develop a hybrid passenger plane that would use a single electric turbofan along with three conventional jet engines running on aviation fuel. The plane is an effort to develop and demonstrate technology that in the future could help limit emissions of carbon dioxide from aviation and reduce […]

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Rolls-Royce loses £4.6 billion to corruption in Nigeria, others

Rolls-Royce has reported £4.6bn ($5.7bn) annual loss largely due to currency depreciation and payment of $808m fine to affected countries where it was involved in corrupt practices. According to a news agency, The Nerve, the motoring company had last month (January) apologised for the corruption case that centred around allegations that the group hired middlemen […]

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