Rolls-Royce shares soar to new record high; anger over Shell $4.3bn profits – business live

Live, rolling coverage of business, economics and financial markets as FTSE 100 jet engine manufacturer’s market value breaks £90bn markRolls-Royce’s share price has soared by 10.5% in early trading this morning, to a new record high – with the company’s valuation breaking the £90bn mark for the first time.The jet engine manufacturer was valued at £83bn yesterday evening, so another 10% gain puts its valuation at more than £92bn. Its market value has almost doubled over the course of 2025 – an astonishing run for a company that faced an existential threat during the coronavirus pandemic.In the UK, we believe that the over-performance was largely due to better than expected weather and trading disruption at a major competitor. Continue reading...

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