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Times Online August 22, 2008

BUSINESS BULLETIN


Dear Reader

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Today's top stories

E.ON and SSE send energy bills soaring

Increases to nudge the number of households living in fuel poverty above five million for the first time in over a decade

Bernanke prepares rate policy defence

The chairman of the US Federal Reserve is to make a staunch defence of the aggressive drive to stave off recession

8-megapixel camera phones to go on sale

Mobile makers take on digital camera manufacturers as phones pack more pixels but analysts question whether size matters

Lehman Brothers may face hostile takeover

Richard Bove's comments come after reports that two Asian banks had begun talks with the bank over a 50% stake

OTHER HEADLINES
Analysis chevrons

Oil majors look set fair for mergers

We face a grim winter on the energy front - utilities are buying gas at ever higher prices and the price of oil is heating up again

Markets chevrons

Investors returning to ProStrakan

Shares in UK biotechs have taken not so much a kicking as a full-scale assault by a gang of knife-wielding thugs in the past year

Lehman Brothers ... Boots ...SSE

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