Ford denies reports it's in talks to sell Volvo division
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Ford Motor Co. , responding to reports that it's putting its Volvo unit up for sale, said it is not negotiating with anyone to sell the Swedish automaker.
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Nortel Networks on Monday declined to comment on a news report that the company is negotiating with Motorola to...
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"I don't think anybody's going to bid cold, hard cash for Jaguar"  Cash-strapped Ford Motor Co. took a step toward selling its Jaguar and Land Rover units on Thursday when it received an undisclosed number of opening bids for its British automaking businesses.Thursday was a deadline to submit early bids, but Ford said no sale is imminent.'We've had contacts from third parties, and we're actively evaluating them as part of our strategic review,' John Gardiner, a Ford spokesman in London, said Thursday. 'They've only been preliminary discussions, and no decisions have been made.' Read more
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French carmaker Renault  on Monday denied a British media report saying it was interested in acquiring Ford's  luxury UK car brands Jaguar and Land Rover.
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Aircraft maker Airbus EAD.PA on  Thursday denied a report it was siding with Microsoft MSFT.O  in its anti-trust battle with the European Union.
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Ford sprang a surprise when it declared that Jaguar was moving out of Formula-1 and the team is up for sale or dismantling. That decision gave rise to the speculation that Ford might be considering moving out of World Rally Championship as well.
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The head of German carmaker VW which controls a third of Swedish truck manufacturer Scania rejected a hostile bid from MAN for the Swedish group, in a newspaper interview.
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Leeds United, one of the great names in English soccer, have denied they are negotiating a possible sale of the second division club to British businessman Sebastian Sainsbury.
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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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Swedish truckmaker Scania's chief executive Leif Oestling said no decision had been taken on a possible counter-offer for German suitor MAN after its hostile takeover bid.
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If Ford decides to sell successful Swedish luxury unit Volvo, it could mean a lack of strong bids for its Jaguar and Land Rover units at a time when Ford is restructuring its North American operations, analysts said on Monday.
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A spokesperson for NTL has declined to comment on reports that it is to sell its Irish division.
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Defence and aerospace group BAE Systems declines to comment on a report that it may sell its 20% stake in Airbus later this week.
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The CEO of the British Racing Drivers Club has denied that a deal has been struck with the Brands Synergy group to rescue the British Grand Prix.
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HANOVER, Germany  - An executive at Scania ,   object of an unsolicited bid from Germany's MAN, has rejected   market speculation that Scania may be too small to remain   independent and successful over the long term.
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South Korea's SK Telecom denied reports that it is preparing a takeover bid for Sprint Nextel.
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The head of Smart cars has denied speculation that parent company DaimlerChrysler may sell or even close the loss-making subsidiary.