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Times Online December 13, 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

World's banks offer up billions to fend off recession

Bank of England and four other central banks to inject £50 billion into world money markets in an unprecedented joint move

Rock rescue bidder threatens to walk

Olivant has demanded that a decision on the winning bidder be made by Christmas or it will abandon the auction

Microsoft in mapping challenge to Google

The agreement to buy Multimap for little more than $50m is part of Microsoft's effort to expand its advertising footprint

IATA slashes profits outlook for airlines

The airline industry has cut its forecast for profits by a third as soaring fuel costs and the credit crunch take their toll

OTHER HEADLINES
Analysis chevrons

In one door and out the other

As cash is shovelled into liquidity-starved banks through the front door, it is to be paid out the back door with staff bonuses
Markets chevrons

Bunzl has the acquisition knack

A failure to startle should be considered an achievement for a company that draws more than half its sales from North America

HMV cuts loss ... House prices fall ... Xstrata in talks

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