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The Financial Times reports Rolls-Royce is nearing a British government subsidy deal worth up to £200 million ($267.9 million) to fund development of a short-haul aircraft engine. An announcement could come as early as next week.
The Financial Times reported that Rolls-Royce is nearing a deal for up to £200 million ($267.90 million) in British taxpayer subsidies to help develop a new short-haul aircraft engine. An announcement could come as early as next week; Reuters could not immediately verify the report.