Rolls-Royce Boosts Profit Projections Amid $1 Billion Stock Buyback

In a significant move that signals confidence in its recovery, Rolls-Royce has lifted its profit guidance for the year and announced a $1 billion stock buyback initiative. The British luxury engineering company, renowned for its aircraft engines and power systems, reported a substantial rise in profits driven by an increase in demand for its services and products, particularly in the defense and civil aerospace sectors.

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