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Times Online May 6, 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

Lloyd's brokers look to relocate to cut tax bill

Brit Insurance is investigating whether jurisdictions such as Dublin or Geneva are more tax-efficient than the UK

Barratt says no to stake offer by Apollo

The troubled UK housebuilder is believed to have rejected an offer from US firm Apollo to buy a stake of up to £400 million

Russia starts its rail revival in London

Globaltrans taps the London market for £228m as Russia plans to spend hundreds of billions of dollars on its rail network

Yahoo! shares slump after Microsoft walks away

Microsoft is understood to be in bid talks with Time Warner about acquiring AOL after abandoning its $47.5bn offer for Yahoo!
OTHER HEADLINES
Analysis chevrons

Steinbeck's grapes lack wrath

It's early days, but so far the Great Depression 2008 is shaping up to be a Great Disappointment. I feel a bit cheated
Markets chevrons

City firms hold nerve in the face of crisis

New figures suggest employers are not scaling back sharply on recruitment in the light of the crunch and feared job losses

US home sales drop ... ABB acquisition ... Accor rises

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