German retail group denies profit warning rumours
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German retail group Arcandor, formerly known as KarstadtQuelle, said Tuesday that it expected to be able to meet its earnings targets this year, denying market rumours of an imminent profit warning.
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But the story's not in the GAAP profits.
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LONDON  - General Motors denied a newspaper report Wednesday that said it plans to cut 3,000 jobs in Europe to offset losses in its operations across the region.
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Germany's economics minister warned on Saturday against slighting his country in the upcoming restructuring of Airbus, a day after a newspaper report on possible factory closings.
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DaimlerChrysler AG  will not auction off loss-making U.S. division Chrysler and could decide to keep the business at the end of a strategic review, Chief Executive Dieter Zetsche told a German paper.
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Germany's finance ministry denied a report in the Welt am Sonntag newspaper that it plans to curb tax rebates for commuters and begin levying taxes on weekend and nighttime work in order to keep the 2005 budget ...
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Investors may have overreacted to the retailer's upbeat December same-store sales.
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German train drivers' union GDL said Sunday it did not plan further strikes in its bitter battle for a new wage deal and was confident about reaching an accord with employers by the end of the month.
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The group, New Price Retail, which also operates the Priceline and House retail brands, has shelved plans to list on the sharemarket in three to five years&#39; time.
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Rio Tinto  , the world's second-largest mining group, on Tuesday dismissed talk that it was lining up a bid for Canadian aluminum maker Alcan  as speculation, but did not to deny the rumor outright.
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Topshop denies reports that the departure of its top executive is down to a dispute over Kate Moss's tie-up with the firm.
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The Glazer family have strongly denied a report fom the Manchester United Supporters Trust that the club is sitting on a &quot;time bomb&quot; of debt.
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DaimlerChrysler AG (DCXGn.DE) will not  auction off loss-making U.S. division Chrysler and could decide  to keep the business at the end of a strategic review, Chief  Executive Dieter Zetsche told a German paper.
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Danish brewer Carlsberg on Wednesday denied a claim by takeover target Scottish and Newcastle that it has breached an agreement of their Russian joint venture.
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Siemens (SIEGn.DE) Chief Executive  Klaus Kleinfeld denied any knowledge that the German  engineering conglomerate was paying bribes in exchange for  contracts, German magazine Focus reported on Saturday.
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Asian search leader Baidu.com denies reports that it will expand into Europe.
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Business & money: Shares fall on firmly denied report that investment arm was exposed to failure of German bank.