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Times Online January 31, 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.

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Today's top stories

City subdued after King's re-appointment

The reappointment of Mervyn King as Governor of the Bank of England has received a muted response from the City

Bouton stays as SocGen board ignores Sarkozy

Daniel Bouton escaped the sack despite pressure from the French Government to be removed over the rogue trading scandal

Treasury set to reward nuclear sell-off boss

Mike Parker, who raised £8.3bn for the Treasury by selling off controversial assets, is poised to receive a £766,200 bonus

Bernanke cuts rates in bid to avert recession

The decision by the US Federal Reserve to cut interest rates by half a percentage point was well received by Wall Street

OTHER HEADLINES
Analysis chevrons

Bankers call tune as we pay the piper

Daniel Bouton has survived as chairman of Societe Generale after the 'rogue trader' scandal involving Jerome Kerviel
Markets chevrons

Time to shut doors on property sector

The sell-off in the property sector following the credit crunch makes buybacks a sensible option for real estate companies

UBS $14bn loss ... Yahoo! job cuts ... Boeing down

Need to know: comprehensive news coverage sector by sector

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