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Times Online January 16, 2008

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

Japanese banks to bail out US firms

In a reversal of fortunes, the big Japanese banks have readied as much as $10 billion to rescue the West's banking titans

Tesco finance chief turns on critics

Andrew Higginson dismisses suggestions that the group is losing its touch, saying 'we are firing on all cylinders'

Blue chips swoon on worries of US recession

Consumers are frightened and their reluctance to spend in the shops is now fuelling fears of a full-blown recession

Hands tells staff 'welcome to the future'

New chief executive will come on board to develop the business after the round of cost-cutting planned by Terra Firma

OTHER HEADLINES

Analysis chevrons

A sharp housing shock may be best

Is it better house prices slide gently but continuously for three years? Or would a quicker and deeper plunge be better?

Markets chevrons

Doubts over Debenhams not dispelled

Debenhams opened at 63p, yet, despite some improvement, they remain one to avoid. Uniq: avoid. Gresham House: take profits

House prices falling... Burberry down... Boeing delays

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