Today's letter from the Editor
Today's Matrices
iJobs Job Widget
iJobs General

Guru Careers: Software Developer / C# Developer

£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...

Guru Careers: Software Developer

£35 - 40k + Benefits: Guru Careers: We are seeking a Software Developer (JavaS...

SThree: Trainee Recruitment Consultant / Resourcer

£18000 - £23000 per annum + Commission: SThree: As a Trainee Recruitment Consu...

Ashdown Group: UI Developer - (UI, HTML, CSS, JavaScript, AngularJS)

£25000 - £40000 per annum: Ashdown Group: UI Developer - (UI, JavaScript, HTML...

The Business Matrix: Friday 09 December 2011


Firms fined for fixing prices

France's competition authority has fined Colgate-Palmolive, Henkel and Procter & Gamble a total of £309m for fixing prices of washing powder in France from 1997 to 2004. Unilever escaped a fine because it reported the wrongdoing, the regulator said. Secret talks on pricing took place in hotels and restaurants, the regulator added.

HSBC to take on all burdens of NHFA

HSBC has agreed to take responsibility for all customers of the disgraced care fees adviser NHFA – even those from before the bank bought the company in 2005. It is writing to NHFA customers from April 2004 but people who dealt with the firm earlier should email or write to NHFA, HSBC Bank, PO Box 1888, Coventry, CV3 9WN.

Ford brings back dividend payouts

Ford Motor Company has reinstated a dividend for the first time in five years, with a 5 cents per share payout that the US car giant said it could sustain during a future downturn. The payout will also benefit the group's executives and the founding Ford family, who between them hold 40 per cent of the voting stock.

China deal gives Astra a boost

AstraZeneca is buying Guangdong Beikang Pharmaceutical, a Chinese generic drugs manufacturer, as it seeks to increase its clout in the country's growing pharamaceuticals market. The terms of the deal were not revealed, but it will strengthen Astra's position as the second biggest foreign drugs firm (behind Pfizer) in the country.

US jobless claims at nine-month low

The number of Americans filing new claims for unemployment benefits fell to a nine-month low last week, stoking hopes of a labour market recovery in the world's largest economy. Initial claims for benefits fell by 23,000 to 381,000, the US Labour Department said yesterday.

Chinese buy uranium miner

Kalahari Minerals, the AIM-listed, Namibia-focused uranium, gold and copper producer has agreed to be taken over by China Guangdong Nuclear Power Corp (CGNPC) for £632m. In a purchase that will boost China's efforts to meet its growing energy needs, CGNPC will pay 243.55p a share for Kalahari.

Schroders cancels Walbrook move

Schroders has made an 11th-hour decision to shelve a move into one of London's largest empty developments as a result of the global financial crisis. The wealth manager had planned to occupy up to 250,000 sq ft in the Walbrook building in the City of London but has decided to stay at nearby Gresham Street for now.

Arnault to buy up Bond St shops

France's richest man and LVMH's chief executive, Bernard Arnault, is in talks to buy three stores on London's most expensive shopping street for £300m. The shops include LVMH's Louis Vuitton flagship store at 17-20 New Bond Street, plus stores let to the bag retailer Coach and stationer Smythson.

Letter bomb sent to Ackermann

An envelope sent to one of the world's most prominent bankers contained a live letter bomb, German authorities said yesterday. The package, addressed to the Deutsche Bank chief executive, Josef Ackermann, was sent to the lender's headquarters in Frankfurt. No one has claimed responsibility for the device.

Fidelity calls in Jeremy Podger

Fidelity is to replace Jorma Korhonen, who took over the global part of Anthony Bolton's £6bn Special Situations fund five years ago, with Jeremy Podger, the head of global equities at Threadneedle. Mr Podger ran the £737m Global Select fund and the £8m Global Extended Alpha fund at Threadneedle.

Latest stories from i100
Career Services

Day In a Page

Abuse - and the hell that came afterwards

Abuse - and the hell that follows

James Rhodes on the extraordinary legal battle to publish his memoir
Why we need a 'tranquility map' of England, according to campaigners

It's oh so quiet!

The case for a 'tranquility map' of England
'Timeless fashion': It may be a paradox, but the industry loves it

'Timeless fashion'

It may be a paradox, but the industry loves it
If the West needs a bridge to the 'moderates' inside Isis, maybe we could have done with Osama bin Laden staying alive after all

Could have done with Osama bin Laden staying alive?

Robert Fisk on the Fountainheads of World Evil in 2011 - and 2015
New exhibition celebrates the evolution of swimwear

Evolution of swimwear

From bathing dresses in the twenties to modern bikinis
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine