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Times Online March 26, 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 our series of free podcasts exploring the business ideas that are changing the world at www.timesonline.co.uk/businessideas

Today's top stories

Vale calls time on $90bn Xstrata deal

Brazil's mining giant ends takeover negotiations with Swiss rival Xstrata after the two sides fail to reach an agreement

BP suspends 148 staff in Russia row

Fears oil major is victim of power struggle between Kremlin and Western energy firms heightened by allegations of tax evasion

Tchenguiz and Apax stuck on Somerfield

Property tycoon and private equity group said to be at loggerheads over their supermarket, which has attracted only one bid

FSA should apologise for Rock, says Tory MP

Senior politician on Treasury Select Committee calls for the City watchdog to say sorry for flawed supervision of failed bank

OTHER HEADLINES
Analysis chevrons

Bear is attractive in Fed's magic mirror

Federal Reserve chief Ben Bernanke gives stricken bank what every cashflow-challenged business wants - a guarantee of value
Markets chevrons

Tempus: Inchcape ... RM ... Western & Oriental

Inchcape in talks to buy Musa Motors ... RM behind in sales of school supplies ... Western & Oriental in strong financial position

BA to cut flights ... RBS venture review ... Serco in Dubai

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