Rolls-Royce Reports Record Loss In 2016
Credit: Rolls-Royce
LONDON—Rolls-Royce has recorded a £4.6 billion ($5.7 billion) loss for 2016, mainly due to the pound’s decline in value after the UK’s June vote to leave the EU. The company also included the £671 million in settlements it is paying to authorities in Brazil, the UK and the U.S. to end bribery and...
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