flee 5 Report post Posted February 14, 2017 A bribery settlement and the fall in the pound have pushed engineering giant Rolls-Royce to a record loss. The jet engine maker reported a loss before tax of £4.6bn for 2016. However, once one-off costs have been stripped out, the company's underlying profit was better than many experts had predicted. Rolls-Royce agreed to pay £671m to settle corruption cases with UK and US authorities and it has written off £4.4bn from currency related contracts. More: http://www.bbc.com/news/business-38966165 Share this post Link to post Share on other sites
