Latest news with #RollsRoyce
South China Morning Post
5 hours ago
- Business
- South China Morning Post
India turns to Europe for next-gen fighter tech as defence ties deepen
India is looking to Western European partners to co-develop next-generation fighter jet engines to reduce its reliance on Russia and the US for defence supply and potentially secure access to advanced technologies as part of its diversification strategy, according to analysts. The Indian defence ministry is leaning towards partnering with French aerospace and defence company Safran as part of a programme to develop the stealth Advanced Medium Combat Aircraft (AMCA) valued at 610 billion rupees (US$7 billion), according to local media reports. British aero-engine maker Rolls-Royce has also submitted a bid. The move appears to reflect growing dissatisfaction in New Delhi over an 18-month delay in engine deliveries by US-based General Electric (GE) for India's next-generation Tejas light combat aircraft. In 2021, Hindustan Aeronautics Limited (HAL) placed an order with GE Aerospace for 99 F404 engines to power the locally made aircraft. The first engine was belatedly delivered to HAL in April, while the second arrived only last week. 'It's a timely and strategic step. The UK and France are not only capable partners but also willing to share engine tech, something the US has been slower to do,' said Christopher Blackburn, a British political and security analyst. 'Europe's openness signals real trust between partners. It strengthens the uncodified alliance of democratic nations and accelerates India's AMCA programme,' he added. Indian Defence Minister Rajnath Singh gestures after flying a Tejas light combat aircraft in Bangalore in 2019. Photo: EPA-EFE India has been working to bolster its air power capability, with the AMCA and Tejas light combat aircraft set to be the mainstays of its air force.
Globe and Mail
12 hours ago
- Business
- Globe and Mail
YT Jia Shares Weekly Investor Update: Faraday X Unveils Two Groundbreaking Global-First Products Along with a Transformative Technology Architecture in Los Angeles on July 17
Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) ('Faraday Future', 'FF' or the 'Company'), a California-based global shared intelligent electric mobility ecosystem company, today shared a weekly business update from YT Jia, Founder and Co-CEO of FF. This press release features multimedia. View the full release here: Faraday Future Founder and Global Co-CEO YT Jia Shares Weekly Investor Update: Faraday X Unveils Two Groundbreaking Global-First Products Along with a Transformative Technology Architecture in Los Angeles on July 17 'Hey everyone, welcome to Investor Weekly Issue 12. This week was huge — besides the big global initial launch on July 17 for our two game-changing products, the FX Super One and the Super EAI F.A.C.E. system, plus the FF EAI Embodied AI Agent 6x4 Architecture, we've got some really exciting news to share. What's New This Week: Today we're starting with Government affairs updates in terms of S7 System and Capability Build-Up. Some great news on the policy front too for our Bridge Strategy. This week, Donald Trump Jr. recently spoke about the U.S. economy and industry, giving a shout-out to homegrown AI and tech innovators like FF as well as multinational giants like Rolls-Royce and Samsung, recognizing their role in driving U.S. manufacturing upgrades and economic growth. His recognition effectively positions us as a strategic contributor and may help to create a more favorable policy environment for FF, FX, and our Global Auto Industry Bridge Strategy. And here's another big one: BlackRock, the world's largest asset manager, recently filed their 13G as of July 17, showing they've boosted their FFAI shares almost 7 times from last quarter. As of June 30, 2025, they own about 5.39 million shares, up from 780,000. That's four quarters straight of increasing their stake! BlackRock's significant increase in holdings shows the top institutional investors increased institutional interest in Faraday Future and belief in FF and FX's business future. Going to S5 Finance and Capital updates: We just secured $105 million in new cash financing commitment, which will help fund the Company's aggressive growth strategy, including the launch of the FX Super One and advancement of the Company's position in the AIEV Market. Huge thanks to our investors for their trust and support — we're really living up to the commitment 'Promises made, promises kept.' Going back to S1, User Ecosystem: This week, we hosted the 717 Global Initial Launch in Downtown LA, set against the city's most beautiful skyline. Super One and Super EAI F.A.C.E. finally got to meet the world. We also officially opened consumer pre-orders for the FX Super One. We offer sincere thanks to everyone who witnessed and co-created this milestone. We are also deeply grateful to our S Tier One suppliers, dedicated partners, and loyal users who have always put their trust in us. Our choice of venue was deliberate. We selected a unique location with breathtaking views of the Los Angeles skyline. I think we are also the first auto company ever to launch a product there. This was about more than a beautiful sunset, it represents the 'dream chaser' DNA FF carries as a company born right here in LA. In fact, just one day before the launch event. We nearly lost our venue due to a series of challenges. We were almost forced to switch to a backup plan. But in the end, true to FF's 'Never Give Up' spirit, the team refused to give up. And they overcame every obstacle to make the impossible possible—once again. I've always believed that achieving anything meaningful requires exactly that kind of determination and faith. FF Forward, Never Give Up. I'll see you all next week.' ABOUT FARADAY FUTURE Faraday Future is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the Company's mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Faraday Future's flagship model, the FF 91, exemplifies its vision for luxury, innovation, and performance. The FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91, targeting a broader market with middle-to-low price range offerings. FF is committed to redefining mobility through AI innovation. Join us in shaping the future of intelligent transportation. For more information, please visit FORWARD LOOKING STATEMENTS This press release includes 'forward looking statements' within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words 'plan to,' 'can,' 'will,' 'should,' 'future,' 'potential,' and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding the Super One MPV, Super EAI F.A.C.E., and EAI Embodied AI Agent 6x4 architecture, are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include, among others: the Company's ability to secure necessary agreements to license or produce FX vehicles in the U.S., the Middle East, or elsewhere, none of which have been secured; the Company's ability to homologate FX vehicles for sale in the U.S., the Middle East, or elsewhere; the Company's ability to secure the necessary funding to execute on its AI, EREV and Faraday X (FX) strategies, each of which will be substantial; the Company's ability to secure necessary permits at its Hanford, CA production facility; the Company's ability to secure regulatory approvals for the proposed Super One front grill; the potential impact of tariff policy; the Company's ability to continue as a going concern and improve its liquidity and financial position; the Company's ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company's limited operating history and the significant barriers to growth it faces; the Company's history of losses and expectation of continued losses; the success of the Company's payroll expense reduction plan; the Company's ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company's estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company's vehicles; the Company's ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company's vehicles; current and potential litigation involving the Company; the Company's ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company's indebtedness; the Company's ability to cover future warranty claims; the Company's ability to use its 'at-the-market' program; insurance coverage; general economic and market conditions impacting demand for the Company's products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company's dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company's stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the 'Risk Factors' section of the Company's Form 10-K filed with the SEC on March 31, 2025, and other documents filed by the Company from time to time with the SEC.
Yahoo
2 days ago
- Business
- Yahoo
These are the 5 most bought UK shares in the last month…
There are a lot of popular UK shares that investors like to buy. Most tend to be within the FTSE 100. And this month, that trend hasn't changed, at least not according to investors using AJ Bell's trading platform. Over the last month, it seems the vast majority of British retail investment capital has been concentrated in: BP (LSE:BP.) Rolls-Royce Holdings Shell HSBC Holdings International Consolidated Airlines So what's behind this popularity? And should other investors be considering these businesses as well? Demand for energy It's interesting to see two of the UK's largest oil & gas shares on investors' shopping list. And since BP commanded 10% of all Buy trades over the last month, it seems like a good place to zoom in. So what's driving the seemingly strong investor appetite? There are a lot of factors at work here. However, it seems the biggest driver of interest is the group's recently announced strategic reset. In February, CEO Murray Auchincloss announced that BP will be ramping up its oil & gas investments to $10bn a year while reducing investments into renewables, from $5bn to $2bn. Why? Because in a higher interest rate environment paired with higher fossil fuel prices (due to rising geopolitical tensions), oil & gas is a far more lucrative source of income. And if management's projections are correct, this pivot could result in adjusted free cash flow expanding by more than 20% per year. Beyond the business fundamentals, BP shares also generally look cheap. Its price-to-sales ratio sits at just 0.48 – less than half the industry average of 1.1. And with a 6.1% dividend yield that continues to be paid out, it isn't hard to understand why investor interest is so high. What's the catch? Environmental concerns aside, BP's future seems to be more secure under this new strategy, resulting in stronger investor sentiment. But even FTSE giants like BP have their weak spots. So what are the risks of investing in this business? One possible explanation for the stock's discount is the state of its balance sheet. BP has notably higher leverage compared to many of its peers. As such, management has outlined its intention to reduce net debt from around $26.9bn to a target range of $14bn-$18bn by 2027. While that's good news for longevity, it means a larger portion of the group's profits will be allocated towards debt repayment rather than asset expansion. The higher leverage also makes the business more sensitive to changes in fossil fuel prices since interest payments on loans squeeze net margins. The impact of this is only amplified if BP's production volumes fall – something that the company recently warned was a possibility in 2025. The bottom line While the operating landscape for BP seems to be improving, the company still has a long list of challenges to overcome, particularly when it comes to production and refining margins. So while I understand the sudden surge in interest from investors, this isn't a stock I'm rushing to buy right now. As for the other UK shares on this list, each presents a unique opportunity for investors. But as demonstrated with BP, there are also risks that must be carefully considered. Don't forget, simply following the herd isn't an intelligent investment strategy. The post These are the 5 most bought UK shares in the last month… appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Zaven Boyrazian has no position in any of the shares mentioned. The Motley Fool UK has recommended Rolls-Royce Plc. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Khaleej Times
3 days ago
- Automotive
- Khaleej Times
Car review: The 2025 Ghost Series II Black Badge is a mobile fortress of solitude
For those who've made it — or are on their way — few cars reflect success like a Rolls-Royce. While the marque offers special editions for every kind of buyer, it's the dark-themed Black Badge variant that appeals to those seeking a more dynamic experience. We had the rare opportunity to pilot the 2025 Ghost Series II Black Badge and found there's no shortage of talking points. Allow us to elaborate. DESIGN & AESTHETICS Rolls-Royce cars have never been subtle — their sheer size commands presence, filling both the lane and your field of vision. The new Series II stretches over 5.5 metres, keeping with that tradition. Previously built on BMW's CLAR platform (shared with the 7 Series), the Ghost now rides on Rolls-Royce's bespoke Architecture of Luxury platform, also used by its larger siblings. Upfront, the iconic Pantheon grille is now backlit with 20 LEDs, flanked by almost-rectangular headlamps that mark the beginning of its long bonnet. The profile remains elegant, tapering to the rear where slimmer taillights with vertical elements now reside. Despite its size, the Ghost feels refined in its design. With smoother surfaces, a visual fluidity has been endowed to these hard metal elements. The Black Badge Ghost reveals Rolls-Royce's darker, more assertive side — it's Venom to Spider-Man. It debuts a unique lower grille and redesigned air intakes. Signature black chrome darkens the Spirit of Ecstasy, grille, badges, and door handles, and it sits on Black Badge –specific 22-inch Y-spoke alloy wheels that dramatically expose the disc brakes and bold yellow callipers. But the interior is even more of a spectacle, with every inch a masterclass in personalised luxury, where even the smallest details are thoughtfully considered. Entry and exit at the rear are handled even more gracefully than the front, thanks to wide-opening, rear-hinged coach doors. Press a discreet button and a full-size umbrella emerges. Press another and the doors close on their own — an electronic chaperone. The cabin feels extraordinarily spacious. The rear is designed primarily for two, but an optional three-seat arrangement is available, along with rear privacy glass to keep out prying eyes. Our test example featured striking yellow-and-black leather upholstery, enhanced by up to 107,000 laser-checked perforations forming cloud-inspired, eye-catching 3D patterns. Below, a deep-pile lambswool carpet invites your feet to sink in, while above, the signature Shooting Star Headliner dazzles with hundreds of tiny LEDs. In the driver's space, you get a view of the classic structured dashboard, and everything you touch is authentic. That signature black-stained metal is also found on the organ stops, air vents, and door pulls. Start-up is via a button left of the slim-rimmed steering wheel; gear selection is done through a column-mounted stalk. POWERTRAIN & PERFORMANCE The Black Badge produces 29 PS and 50 Nm more than the standard model, thanks to its massive 6.75-litre twin-turbo V12, now delivering a supercar-like 600 PS and 900 Nm. On the move, the steering is feather-light yet precisely weighted — you could guide it with a stiff finger. The Black Badge-specific Planar Suspension, with adaptive dampers and self-levelling air struts, delivers an even more agile version of Rolls-Royce's signature 'magic carpet ride.' What you notice — or rather don't — is the absence of ambient noise; it's all reduced to pin-drop silence. Despite weighing around 2.5 tonnes, stomp the right foot and it surges to 100kmph in under five seconds, raising its nose and squatting at the rear in the process. Activate 'Low' mode via the gear stalk and shifts quicken by 50 per cent at 90 per cent throttle, with a deeper, more assertive exhaust note. Still, I prefer a gentle foot and gracious pace — this is where it truly shines. All-wheel drive and all-wheel steering work seamlessly to provide superb grip and yaw control at all sensible speeds. Braking is confident, with a higher bite point and reduced pedal travel ensuring responsive deceleration. But remember, this speedy variant still favours poise over aggression. FEATURES & FUNCTIONALITY The boot is deep and holds plenty of luggage, though the centre cool console meant for your favourite beverage and flutes takes up some space and gives it an awkward shape. On the technological front, Bluetooth connectivity is easy, but the voice control system is underwhelming. Rear-seat passengers control the infotainment via the centre console, where they can adjust music, navigation, and more. The proprietary Bespoke Audio system, developed in-house, grabs attention with its metallic speaker grilles and orchestral sound quality. The rear-seat occupants can also access optional individual 12-inch HD screens or retractable tables for dignitaries to carry out signature duties. The AC system performed well front and rear, even after hours parked in the sun. And thanks to the physical, tactile controls and clear markings, finding comfort was made easy. VERDICT The Rolls-Royce remains the darling of the automotive world. While the Phantom may be the most emphatic, the Ghost no longer plays second fiddle — sharing the same platform but aimed at a different customer: one who loves a drive. Stomp the throttle and the Ghost Black Badge surges ahead with added enthusiasm. But mirroring what the musician Sting once said: 'A gentleman will walk, but never run', I'd rather coast along at a gracious pace, bask in the plush seats, and enjoy quiet serenity than shred those tyres. It is less about aggression and more about an attitude of refined athleticism. Sportier rivals do exist, the optional extras can be pricey, and you'll flinch every time someone parks too close. But for those who can afford it, it's their mobile fortress of solitude. SPECS: Body type — 5-seater; 4-door premium full-size sedan Engine — Front-engine; twin-turbo 6.75-litre V12; all-wheel drive Transmission — 10-speed automatic Peak output — 600 PS @ 5,250rpm — 900 Nm @ 1,700 rpm 0 to 100kmph — sub-5 seconds (estimated) Top speed — 250kmph (electronically limited; claimed) Price — Starting at Dh1,350,000 EDITOR'S RATING: 8/10 stars
Daily Mail
3 days ago
- Business
- Daily Mail
How to create rules for picking winning shares like Rolls-Royce before they take off: ED CROFT
If you open an account using links which have an asterisk, This is Money will earn an affiliate commission. We do not allow this to affect our editorial independence. In the second part of our series on how to pick shares, Ed Croft, the founder and chief executive of Stockopedia, explains how to establish rules that will help you pick winning companies and avoid those that turn out to be duds. He runs through why he considers certain elements important and how the site built its StockRanks system that spotted opportunities such as Rolls-Royce, Jet2 and Games Workshop shares before they took off. Flying high: Rolls-Royce shares have soared over recent years after their pandemic slump and Ed Croft says a rules-based stock-picking approach could have spotted the opportunity In the first article of our share picking series, we tackled the problems many investors face – story-driven speculation, tip chasing, and the trap of seeking more and more information, which often brings overconfidence rather than better results. One answer is using a rules-based approach, based around the characteristics of shares proven to identify winners. When you know that there's a persistent pay-off to buying the highest quality, value and momentum shares, there can be a real mindset shift. But for many, that's where the journey stalls. Because once you realise that rules matter, the next step is to create your first set. Price to Earnings Ratio of less than 12? Tick. Return on capital above 15 per cent? Tick. Debt under control? Tick. You build a rational set of logic, and it feels good. Until you hit a wall. Rules are essential - but they can be restrictive I still remember the buzz of creating my first stock screen. Stock screens are essentially checklists of rules that can narrow a universe of thousands of stocks down to a manageable list. My first was based on Jim Slater's criteria from his excellent Zulu Principle book. I had a whole list of 'must have' criteria which would find me reasonably priced, quality growth shares. But how many candidates did the screen produce? Just three. Two were rather small and illiquid and the third was some obscure foreign-listed firm. It was quite disappointing. And it certainly wasn't an investable portfolio. Checklists can be powerful – don't underestimate them. They add discipline to your investing and help filter out the noise. But they can be extremely restrictive. If a stock has a P/E of 12.4 but you've screened for less than 12, should it really be cut out? Of course not. But a strict set of rules won't catch it. So what do you do? You start raising all your cutoffs – you find a broader set – but something feels amiss. You know your cutoffs are keeping out some of the best candidates in the market. Scoring every stock in the market The breakthrough for me came when I stopped thinking so binary – in pass/fail terms – and came across the idea of scoring. It was Joel Greenblatt, in his excellent 'The Little Book that Beats the Market', that sowed the seed. What if, instead of demanding that a company have a P/E of less than 12, you scored every stock in the market for how low the price to earnings ratio was? And another for how profitable it was – using its 'return on capital'. Rather than just having a hard cutoff for 'cheap' or 'good' shares, you could create a gradient – with 'cheap, highly profitable' stocks at one end, and 'expensive, unprofitable' shares at the other. It's a fundamentally different approach. You're no longer left with just a few stocks, you have a score for every stock in the market. And what's even better, you can then compare any stock against any other. Stockopedia Stockopedia is an analysis site for share-picking investors that This is Money's team has used for many years. Its share data and StockRanks provide exceptional insight. There are also practical tips, Model Portfolios, and simple, consistent rules-based strategies. As a special offer, This is Money readers can get 25 per cent off a Stockopedia membership * How will you score stocks? You can do this even if you are a stock picker, looking at stocks on a case by case basis. You can build a set of solid rules, which can even include qualitative assessments like 'how experienced and trustworthy is the management', and grade stocks between zero and ten for each rule. I know some of the best investors in the UK that do this. It does require judgement, but it removes a lot of bias from your investing process, and helps you avoid getting too sucked into a story. But a more data-first approach allows you to compare all the stocks in the market. If you like doing your own work, you can do this yourself – you will need access to a financial database to export some data. Some are free on the web, though you do have to be careful with data quality. But it's really worth it. Choose some key metrics across a few of the quality, value and momentum dimensions. For example, as I've described, you might choose the P/E ratio and the return on capital (a key profitability measure). Score each one as a percentage from zero to 100, where 100 is 'best'. Total the scores and rank again. You can then use this score to check your own stock ideas against. It's not hard. And it works. > Check out the illustration in this spreadsheet It uses institutional quality data from Stockopedia's database (correct at the time of publishing). Take a look and see if you can find any of your shares within it – their scores might surprise you While this is just a simple example, the benefit of this kind of gradient-based thinking is huge. It can add so much rigour to your process, but more than this – it really gets results. Putting it all together to catch share price moves early Scoring the market for a couple of financial ratios isn't really that robust. Just scoring for 'value' based on the P/E ratio can leave opportunities on the table – what about companies that are cheap relative to their company sales, but are just turning profitable? When their sales grow, they can see huge profit expansion. So at Stockopedia, we built a system that takes this further. Every stock gets a daily score – out of 100 – based on its quality, value, and momentum profile – but each of these scores is built from a range of financial ratios to give a more robust and rounded guide to their relative merit. We call these measures the StockRanks and they have a terrific track record of finding stocks that perform. Top ranked stocks through time have included many of the very best multibaggers in the UK market – stocks like Rolls Royce, Games Workshop, Jet2 and more – before they took off. The top 10 per cent of ranked shares – those in the 90+ range – have on average returned 11.9 per cent annualised. And the lowest ranked 10 per cent? Well, more than 75 per cent of them end up losers – with an average annualised return of -17 per cent. Now, this doesn't mean every 90+ ranked stock is going to be a winner. Of course not. A good score is not a buy recommendation. Individual stocks do their own thing, profit warnings happen and markets go down as well as up. But across groups of stocks, over the longer term, the odds weigh in your favour. That's what matters. Building a portfolio that captures the 90+ effect In the third article of this series, we'll explore how to move from understanding the pitfalls of emotional investing to applying a rules-based approach that works. Avoiding behavioural mistakes such as poor stock selection, under-diversification, and reactive trading, we'll show how to construct and manage a rules-based portfolio that has a high chance of beating the market.
