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Times Online May 8, 2009

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

US stress tests find $75bn shortfall

Morgan Stanley and Wells Fargo announce multibillion-dollar capital raisings after $74.6bn shortfall in bank reserves uncovered

GE joins move downmarket in face of recession

Engineering and financial conglomerate follows lead set by Sony and Unilever in producing better value less complex products

SPQR crashes BlueGem pact with Panmure

French banker Bertrand des Pallières is prepared to inject £17.4 million into broker in return for a 43 per cent stake

Credit crunch forces van drivers off road

Number of HGV drivers claiming jobseeker's allowance is rising as consumers cut back on online shopping and home deliveries

OTHER HEADLINES
Analysis chevrons

Blame the myth of inflation

Debt and house prices were shooting up. Keep one thing under control, they said, and all would be fine

Markets chevrons

Tempus: Thomson Reuters ... Rexam ... 3iI

Reuters keeps going forward but loses its attraction ... Rexam's net debt has held steady ... 3iI delivers a second year of growth

Oil prices up above $57 ... Airbus boost ... AIG loss

Need to know: comprehensive news coverage sector by sector

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