Swedish staff won't lose jobs in Scania deal: MAN
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German truckmaker MAN  said on Thursday it would not reduce production staff should it successfully acquire Swedish rival Scania  in its 10.3 billion euro ($13.4 billion) hostile bid.
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Swedish truckmaker Scania AB on Friday formally rejected a 10.3 billion euro ($13.3 billion) hostile takeover bid by German rival MAN AG, saying talks had broken off between the companies.
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Swedish truck maker Scania on Friday  stood by its rejection of German rival MAN's hostile bid, as it  raised the prospect of further extra shareholder payouts and  warned of job losses in Sweden.
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General Motors Corp. GM.N, in the  midst of reassessing its unprofitable European operations, is  not ruling out closing a plant there and is likely to cut some  jobs, a GM spokesman said on Wednesday.
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The Swedish truck maker Scania remained defiant on Wednesday against a hostile bid from a rival, MAN of Germany.
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Swedish truckmaker Scania rejects a hostile bid from rival MAN for a second time and offers a payout to investors.
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Plans to merge Swedish truck-maker Scania with Germany&#39;s MAN and parts of Volkswagen have been called off, according to a report quoting an unidentified manager involved.
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Sport: Bolton's record signing says he will will not turn down Alex Fergusons's advances.
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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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Germany's MAN AG is preparing a more   attractive offer for Sweden's Scania SCVb.ST, the Wall Street   Journal on Friday quoted MAN MANG.DE Chief Executive Hakan   Samuelsson as saying.
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South Korea's top economic official says the government would not sit idle in case of a speculative attack on the country's currency.
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The SFA insists manager Berti Vogts has been issued with no ultimatums over the future of his job.
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In an interview published in local daily Sydsvenska Dagbladet, Persson rejected speculation that has been circulating for the past year that he would soon hand over the reins of power to one of his most trusted ...
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The CEO of the embattled internet company hopes to avoid a takeover, while trying to reassure his workers -- even though many stand to lose their jobs regardless of what happens.
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The boss of Hyundai convicted of embezzlement in February will not go to jail after his prison sentence was suspended.
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Sven-Goran Eriksson intends to stay on as England coach, despite criticism after the draw with Austria.
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The chief executive of Swedish truckmaker Scania AB said Wednesday the company is considering making counterbid for Germany rival MAN AG, but declined to specify the value.