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Times Online March 28, 2008

BUSINESS BULLETIN


Dear Reader

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Today's top stories

Big lenders attempt to deter customers

Nationwide and Halifax both raised their mortgage rates in an effort to stop new loans potentially adding risk to their books

Clear Channel bid row casts doubt over deals

A row erupted over finance for buyout of Clear Channel, raising doubts over $130 billion of similar private equity deals

Bid hopes for Bear Stearns hit by share sale

Chairman James Cayne has admitted selling 5.66 million shares belonging to him and his wife for a total of $61.3 million

Darling to give whistle-blowers immunity

Chancellor plans to hand the Financial Services Authority plea bargaining powers known as 'specified prosecutor status'

OTHER HEADLINES

Analysis chevrons

The banks are shutting their doors

The battle over Clear Channel shows how far the hard-pressed US investment banks are ready to go to avoid shelling out

Markets chevrons

Tempus: Man Group ... Northern Foods ... Enodis

Man Group profits ahead of expectations ... Northern Foods sorts out frozen problems ... Enodis pre-emptively cost cutting

Laura Ashley rises ... Rice prices up ... Centrica offshore

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