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July 10, 2008
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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
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11,000 British jobs and 14,000 in Europe and the US threatened as the Pentagon junks world's biggest defence contract
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New limits on foreign investment will restrict non-Russians to no more than 5 per cent of mineral exploration companies
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New incarnation of the iPhone is a big step forwards for the mobile web, but miserly battery life may prove frustrating
Almost one in four of shareholders refused to back Sir Stuart Rose's controversial promotion to executive chairman
Analysis 
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David Lowden, who would have been chief executive, could hardly expect to keep his job if either GfK or WPP win control
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Markets
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Investors in Interserve are paying for predictability ... Begbies is steadily winning work ... LSE trading update better than expected
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