News A US Predator drone flies over Kandahar Air Field, southern Afghanistan

The move follows on from the 2010 agreement to enhance defence co-operation including sharing aircraft carriers, joint expeditionary forces and training

US threat to Rolls-Royce's fighter engine

A string of engine design problems means Congress is questioning the whole funding of the JSF project

Investment Column: Rolls-Royce will engineer future gains

Stagecoach Group; Hammerson

Market Report: Worries about drug price weigh on Shire

The London market surged last night, but Shire was left behind after UBS switched its stance on the pharmaceutical group's stock on grounds of valuation.

Business Diary: 19/09/2009

Aviva's advocate really does her job

When the insurer Aviva first began examining ways of unlocking £1.2bn-worth of assets in its "inherited estate", it knew it would have to hire someone formidable to represent policyholders' interests, or face accusations it was being unfair to them.

Market Report: Bullish broker helps Rentokil's advance

Rentokil Initial strengthened last night after a broker outlined a path to recovery which could put the pest control-to-parcel delivery company's shares higher in the coming months.

Investment Column: Rolls-Royce's shares give cheer in the chill

Travis Perkins; Arena Leisure

Slimmer, smarter, sexier: making things in Britain

The Government wants to help manufacturing. But is it a case of too little, too late? Sean O'Grady reports

Margareta Pagano: Is Bullingdon Man the perfect City reformer?

The other day I had lunch (okay, a sandwich) with someone who was close to Gordon Brown and Tony Blair at the beginning of their reign, and she remembers that even then they would discuss their future after politics.

Market Report: Rolls-Royce rises on recovery hopes

Hopes of a recovery in the civil aerospace market boosted Rolls-Royce, the engineering group which firmed up even as the market gave back some of Friday's gains.

Get away from the Boeing 777

After a report by an American safety watchdog found there is a "high probability" of another failure of the sort that caused a BA Boeing 777 to crash land at Heathrow last year, The IoS offers you ways to avoid getting on a 777, plus some reassurance for those who cannot avoid it.

Rolls-Royce profits to soar by 10%, but the downturn could bring it back down to earth

Rolls-Royce, the aerospace giant led by Sir John Rose, is expected to buck the credit crunch with bumper results on Thursday.

Chamonix courts buyers as it puts Mettis Aerospace on sale for £70m

Mettis Aerospace, a supplier of components – from airframes to landing gear – to Boeing, Rolls-Royce and Airbus, has been put up for sale with a price tag of £70m.

Margareta Pagano: Help small firms. Tax cuts won't even be a short-term fix

The Government must boost the real economy

Top UK firms announce hundreds of job cuts

Top UK firms today joined the growing list of companies cutting jobs as hundreds of losses were announced and fears were expressed of further redundancies.

140 UK jobs go as Rolls-Royce wields axe

Rolls-Royce plans to cut up to 2,000 jobs worldwide, including 140 in the UK, after reviewing the impact of the current economic "uncertainties", the aerospace giant announced today.

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