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Inside this issue

• The economic downturn will not go away of its own accord. Companies are urged to take action

• Flight plans have been hit by the rising oil price

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Content

Industry braces for tough times

Companies are taking measures to try to ensure they weather the coming storm, writes Justin Baer

Briefing notes: Treasurers issue their checklist for survival

There is no excuse for not being prepared for the worst, warns Peter Thal Larsen

Steve Lucas: Sailing through the credit storms with relative ease

National Grid’s steady hand talks to Jennifer Hughes

Facts and figures: Non-US companies exploit rule 144A

The use of a previously obscure technique to raise money from US investors without having to comply with onerous regulations is rising, writes Peter Thal Larsen

Debating point: The time to act is now

The crisis will not solve itself, argues Chris Tilbrook

Spanish construction: Builders pin hopes on nonresidential market

Companies are taking steps to survive the housing downturn, writes Mark Mulligan

Asian markets: Chill winds of downturn yet to be felt

This is where the action is, writes Sundeep Tucker

Airlines: Flight plans hit by fuel price

The industry faces one of the most challenging periods in its history, writes Rohit Jaggi

Viewpoint: Now may be a good time to think of M&A

There is a strong argument that the best deals are done when others are distracted, writes Peter Thal Larsen

Wall Street dispatch: Things may start to get tricky from here ...

By the time the shake-up is over, investment banks might look different, writes Francesco Guerrera

Gulf dispatch: Clerics’ doubts give sukuk market a hiccup

Asia dispatch: Lack of real choice continues to fuel markets

Sector focus: Capital and confidence priority for banks


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