UK automaker Rolls Royce said on Thursday that its operating profit had increased five times to 673 million pounds sterling ($853.6 million) between January and June compared with 125 million pounds sterling in profit earned in the same period last year

India's Central Bureau of Investigation (CBI) said that it has initiated legal proceedings against several companies and individuals, including UK companies Rolls Royce and British Aerospace Systems, for alleged corruption in the purchase of jet trainer aircraft

Norwegian pension fund KLP, one of the world's largest with around $ 1.4 trillion in assets, divested shares in 14 companies from its investment portfolio because of their possible involvement in the production of lethal weapons like nuclear arms and cluster munitions, Kiran Aziz, the head of the Department of Responsible Investments in KLP Kapitalforvaltning, said on Thursday

Badr Saleem Sultan Al Ulama, Head of Aviation Industry at Mubadala Investment Company, stated that the UAE has adopted the technologies of the "Fourth Industrial Revolution," such as 3D printing, Artificial Intelligence, AI, big data and robotics, in its industrial sector, most notably the aviation industry, making it a worldwide centre.