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Times Online September 26, 2008

BUSINESS BULLETIN


Dear Reader

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Today's top stories

Hopes rise as Americans agree to rescue the banks

The Republican and Democratic parties have reached an agreement on 'the fundamentals' of a plan to rescue Wall Street

JP Morgan to buy bulk of Mutual

US banking giant prepares to announce expected takeover of retail deposits as shares in Washington Mutual plunge 53%

Republic of Ireland falls into recession

Economy reverse in first half of this year makes Ireland first eurozone member state officially to fall into recession

MPC member lifts rate cut hopes

Kate Barker said credit crunch is proving more serious than expected and financial upheavals has worsened the outlook

OTHER HEADLINES
Analysis chevrons

American rescue's message for Darling

If Downing Street has no plans for an American-style banking bailout, the Chancellor must come up with an alternative

Markets chevrons

Tempus: 3i ... M&C Saatchi ... NBT

3i strong but a slide will be hard to avoid ... M&C Saatchi cautioned that trading would weaken ... NBT beating profit forecasts

Moss Bros 'miracle'... G4S offer... Google Visa alerts

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