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Times Online January 22, 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.

Also you can now download the first in a series of free podcasts exploring the business ideas that are changing the world. In it Sir James Dyson explains why engineering must change its own fate. Download the podcast at www.timesonline.co.uk/businessideas

Today's top stories

Warning of more turmoil as markets slump

Global shares in their worst plunge since September 11 terror attacks as concern grows over an imminent US recession

Dolcis shoe chain goes into administration

The shoe retailer became the first big high street credit cruch casualty as 89 stores closed and 600 staff lost their jobs

City concern at Treasury deficit figures

Fears are growing that government finances are set to plunge far deeper into the red than Alistair Darling had forecast

Och-Ziff goes gunning for The Lone Ranger

The masked cowboy, Postman Pat and Rupert Bear are under siege again, this time from an American hedge fund

OTHER HEADLINES
Analysis chevrons

Downtrodden Dolcis left helpless

With no funding, the end for the shoe chain was inevitable. But the timing of Dolcis's demise is extraordinarily apt
Markets chevrons

One to avoid as Wolseley warns of worse to come

Wolseley's debt load - about £2.5bn - suggest that at 689½p, shares should be avoided. Corin Group: hold. Filtronic: hold

Northern Rock plans... FTSE 100 fell by 5.5 per cent

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