Rolls-Royce has taken a £554 million ($729 million) hit over problems with the Trent 1000 engine, which powers the Boeing 787. The charge—revealed in the manufacturer’s half-yearly results on Aug. 2—contributed to a pre-tax loss of £1.3 billion in the six months ended June 30, reversed from a profit of £1.4 billion during the 1H 2017. Rolls-Royce CEO Warren East described the charge as “abnormal,” but said the results were “ahead of ...

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