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Times Online May 1, 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

Crunch hands Darling £16bn tax hole

The blow to tax revenues is set to send the Chancellor deeper into the red over the next two years than he had planned

Dow tops 13,000 as Fed cuts rate

The Fed cut interest rates by another quarter-point , the seventh consecutive reduction, as it tried to limit US downturn

BG £6.1bn move to tap Asian gas market

The British natural gas producer has made a takeover bid for Australia's energy retailer to tap into Asian demand

Watchdog tells supermarkets to give rivals room

Over 60 supermarket development sites to be released following the Competition Commission's two-year investigation

OTHER HEADLINES
Analysis chevrons

Could oil mania be coming to an end?

Speculation has driven up prices - but things could be about to change

Markets chevrons

Tempus: Home Retail... Standard Life... Fenner

Home Retail Group shares trade at nine times current-year forecasts: buy on weakness. Standard Life: hold. Fenner: hold

Microsoft Yahoo! bid... GM £1.67bn down... SAP falls

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