Credit Suisse to make capital hike decision after AGM - report
ZURICH, April 23 Credit Suisse will not decide on how it wants to raise fresh capital until after this week's annual general meeting, SonntagsZeitung reported on Sunday.
BERLIN, July 24 German engine maker MTU Aero Engines said maintenance contract delays that prompted it to reduce its sales outlook for 2014 were not cancellations, adding it would still get the revenue in the future.
MTU said that two contracts that had been delayed were from the U.S. Air Force, which it said had likely been pushed back for budget reasons, and from airline US Airways, because of its merger with American to form American Airlines Group.
"It means the fleet planning of the two is volatile and so things have been delayed," MTU board member Stefan Weingartner told journalists after the company reported second-quarter results.
MTU added that it did not expect the crisis in Ukraine and Russia to have any impact on its business, because Russia makes up just 3 percent of its sales. (Reporting by Victoria Bryan; Editing by Maria Sheahan)
ZURICH, April 23 LafargeHolcim is close to announcing that its chief executive Eric Olsen is to step down following an internal investigation into activities at a former Lafarge cement plant in Syria, a source familiar with the matter said on Sunday.