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Times Online May 16, 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

BA boss faces bumpy ride after profit warning

Rising fuel costs erode airline's financial prospects amid threat of chaos as pilots plan strike over Open Skies operation

Barclays takes another £1.7 billion hit

The bank hopes to cut risky assets or increase profits after admitting its capital cushion has fallen further below target

Icahn backs Microsoft's offer for Yahoo!

Activist investor seeks to double his stake in search engine and says the board is 'irrational' for rejecting the offer

Cheap loan hopes hit as Libor soars

Homebuyers warned to expect a worsening of mortgage terms because of the sea-change in expectations about the base rate
OTHER HEADLINES
Analysis chevrons

Verwaayen waves goodbye to BT

For his last set of results, BT's chief pulled some better than expected numbers out of the hat, but it was still a lukewarm send-off
Markets chevrons

Tempus: Henderson Group ... BT Group ... Luminar

Henderson expects to 'meet or beat' previous profits ... BT suffers from poor cashflow ... Luminar on course for 110 venues by 2011

Paddy Power is up ... Cadbury strength ... Findel rise

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