Tuesday, February 14, 2017

Rolls Royce profits fall amid fines and post-Brexit troubles


British jet engine maker Rolls Royce has reported a record loss of $5.8 billion for 2016 after fines to settle bribery charges and the post-Brexit fall in the pound  took a heavy toll on the company's bottom line.   

However underlying profit for the engineering giant was better than expected as Catherine Drew reports from London. 

IN: "With fines…"

OUT: SOC

DUR: :45

POT: 39


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