Shares in Rolls-Royce soar as new CEO plans revamp

Shares in Rolls-Royce, the British maker of aircraft engines and other power systems, surged more than 20 percent Thursday as new chief executive Tufan Erginbilgic promised greater efficiency. Rolls soared 21.6 percent to 130.89 pence, placing it way out in front on London's top tier FTSE 100 index, which was...

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