Stimulus hopes lift markets, as Rolls-Royce taps shareholders for £2bn – business live

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Rolls-Royce’s chief executive, Warren East, says the company is taking ‘ decisive and transformative action’ in response to the Covid-19 crisis. “The sudden and material effect of the COVID-19 pandemic has had a significant impact on the commercial aviation industry, resulting in a sharp deterioration in the financial performance of our Civil Aerospace business and, to a lesser extent, our Power Systems business.

 

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Rolls-Royce. Rolls-Royce. 🤔

Whilst thousands are made redundant. Doesn’t this just underscore that these “markets” are entirely artificial & have little bearing on people’s lives. GDP is not synonymous with human happiness

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