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Times Online June 18, 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

Consumers face 40% rise in energy bills

Power companies are gearing up for a fresh round of price rises to maintain their profits as wholesale gas prices treble

Providence circles Informa after UBM talks

Informa has received a takeover approach from a private equity consortium after £3.4bn merger talks with UBM collapsed

US watchdog wants City to tighten oil rules

The CFTC announced new rules for contracts on the London oil market, without the Financial Service Authority's approval

Music sales are in dire straits

Worldwide music sales have tumbled to their lowest level since 1985, with an 11 per cent decline, from 2.09bn, in 2007

OTHER HEADLINES
Analysis chevrons

US tanks breach the privet hedges

If you thought the City of London had pushed Wall Street off its pedestal, you failed to reckon on the might of the CFTC

Markets chevrons

Tempus: Halma should stay in favour

Shares at Halma trade at 13 times current-year earnings, a premium to its sector: hold. Domino: pass. Wincanton: buy

Eads query... Raymarine down... Magnit increase

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