Arcandor, parent company of Karstadt, has announced an agreement with...

2008-11-10T00:00:00

Arcandor, parent company of Karstadt, has announced an agreement with its employees that calls for annual savings in staff costs of €115 million over the next three years. The details are being negotiated with the unions. Meanwhile Sal. Oppenheim & Cie, which is described as the largest independent private bank ...

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