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Times Online September 11, 2008

BUSINESS BULLETIN


Dear Reader

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Today's top stories

Lehman tries to buy time with dividend cut

Lehman Brothers plans to shed assets and cut costs to stave off a growing crisis of confidence that threatens its future

Opec plans closer links with Russia for oil

Top-level delegation from Opec to hold a joint workshop with the Russians on global oil supply, demand and market issues

Brussels warns of UK recession this year

Economy will shrink in second half, pushing UK into recession for first time since early 1990s, says European Commission

Barratt turns to car industry strategy

UK's largest housebuilder goes in search of the kind of incentives that will help deal with the falling housing market

OTHER HEADLINES
Analysis chevrons

Fuld's pride may come before a fall

The word is that negotiations with potential investors have foundered over Dick Fuld's view of what Lehman Brothers is worth

Markets chevrons

Tempus: Next ... Just Retirement ... Prezzo

Next performing as well as can be expected ... Just Retirement annuity sales should rise ... Prezzo under pressure

Thorntons grows... Ikea on the rise... Camra protest

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