Britain's Rolls-Royce named Panos Kakoullis as its new chief financial officer, picking the former head of Deloitte's audit and assurance practice to help steer its cost-cutting and simplification as it tries to ride out COVID-19.
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Rolls Royce
Rolls-Royce is demanding price cuts of up to 15 per cent from hundreds of smaller suppliers as the coronavirus crisis hammers the aerospace industry.