PARIS, April 28 France’s Zodiac Aerospace on Friday reaffirmed plans to combine with engine maker Safran and said chief executive Olivier Zarrouati had agreed to stay on "for a while" after offering his resignation to the board.
The aircraft seats maker announced the CEO's decision as it posted a fiscal first-half current operating loss of 12 million euros, strongly impacted by its aircraft interiors business, and forecast a 200-220 million euro current operating profit for 2016/17 as a whole. (Reporting by Tim Hepher, Cyril Altmeyer, Editing by Andrew Callus)
EU antitrust chief to speak at 1000 GMT on competition case
BRUSSELS, June 27 European Competition Commissioner Margrethe Vestager will hold a news conference on a competition case at 1200 CET (10 GMT), the European Commission said on Tuesday, with sources saying she would announce her verdict on a case concerning Alphabet's Google.