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Times Online May 19, 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

Retreat from offshore intellectual property tax

Alistair Darling expected to signal another tax U-turn in his address to the CBI to prevent an exodus of large multinationals

Microsoft and Yahoo! in new merger talks

Microsoft back in discussions about the possibility of buying part of the search engine, and may still bid for the entire group

BAE bosses detained as they fly into US

Sir Nigel Rudd and Mike Turner held by officials at airport under subpoenas issued in a bribery and corruption investigation

Search for new Bank Deputy Governor

Rachel Lomax's departure in six weeks' time, after one term, comes at an awkward time for the Chancellor and the Treasury
OTHER HEADLINES
Analysis chevrons

Nasty truth behind those nice headlines

The Monetary Policy Committee knows any action it takes will have no effect on inflation until the second half of 2009
Markets chevrons

M&S low bonuses... RDF Media down... SNCB strike

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