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Times Online December 11, 2007

BUSINESS BULLETIN

Dear Reader

Visit Times Online today for dynamic business news and views, market charts and sector analysis, plus your chance to comment

Today's top stories

New writedown fears chill the City

UBS wrote down $10bn of investments in bad American debt as analysts said November had been the worst for banks

Banks freeze recruitment as credit crisis bites

There have been few or no new posts for risk analysts, financial controllers, audit and treasury experts in major banks

Russia forms state nuclear giant

President Putin is consolidating all civilian nuclear assets from uranium mining to power stations into a single company

Rock investor delivers profit warning

RAB Capital saw a slump in the value of its equity investments which looked set to wipe out growth in performance fees

OTHER HEADLINES
Analysis chevrons

Fed set to choose its weapon at dawn

There are growing concerns that the cannon fire of monetary policy may not be all that effective in helping the US economy
Markets chevrons

Carillion looks good with McAlpine joining the gang

Carillion actually lowered its offer for Alfred McAlpine to 558p, a move accepted by its smaller rival's board

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