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Times Online October 9, 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

Rate cuts overshadowed by spectre of recession

Central banks took their unprecedented action in an effort to contain the worst economic threat since the Great Depression

Pressure grows on Goodwin to quit RBS

Government thought to be reluctant to consent to RBS's participation in bailout unless chief executive relinquishes role

AIG thrown a further $38bn lifeline

Federal Reserve uses emergency powers to authorise a further loan to ailing insurance giant to prevent bankruptcy

Tchenguiz faces £1bn Kaupthing loss

The billionaire British property entrepreneur has become the latest high-profile casualty of the Icelandic banking crisis
OTHER HEADLINES
Analysis chevrons

Darling's plan may stave off depression

Two of his innovations may stabilise the banking system. But it will be only a small mercy
Markets chevrons

Serco: much to commend in tough times

With 90% of business drawn from government, the public sector specialist is likely beneficiary of tighter public spending

InBev financing ... BMW sales fall ... IBM profits up

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