cash outflow

Rolls Royce roiled by coronavirus, as pandemic disrupts engine flying hours

By admin1 on December 11, 2020 • ( 0 )

With the coronavirus-induced COVID-19 pandemic bring the global travel to a stop, British engineering company Rolls-Royce downgraded its yearly cash outflow forecast underscoring the challenges it faces in its financial outlook even as the air travel continues to be disrupted… Read More ›

FCA facing $1.5 billion tax demand from Italian tax authorities

By admin1 on December 5, 2019 • ( 0 )

Fiat Chrysler Automobiles (FCA) has decided it will appeal Italy’s tax authority statement which says that the carmaker had underestimated the value of its U.S. business after it bought Chrysler. As per a source close to the matter at hand,… Read More ›