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

Recruitment Genius: Lettings and Sales Negotiator - OTE £46,000

£16000 - £46000 per annum: Recruitment Genius: This is an opportunity to join ...

Recruitment Genius: Home Care Worker - Reading and Surrounding Areas

£9 - £13 per hour: Recruitment Genius: This is a great opportunity to join a s...

Recruitment Genius: Key Sales Account Manager - OTE £35,000

£25000 - £35000 per annum: Recruitment Genius: Have you got a proven track rec...

Recruitment Genius: Sales Executive - OTE £40,000

£15000 - £18000 per annum: Recruitment Genius: This is a great opportunity for...

The Business Matrix: Friday 12 October 2012

Rangers FC plans to raise £20m

Rangers FC, which was banished from the Scottish Premier League after plunging into administration, is looking to raise £20m by selling shares on the London's junior AIM market. The money will be used to buy better players and provide "working capital", the club, bought by Charles Green for £5.5m, said yesterday.

Heathrow breaks passenger record

The BAA chief executive Colin Matthews pressed the case for Heathrow expansion again yesterday, as passenger numbers at Europe's busiest airport hit a new September record of 6.3 million. There were 14 per cent more passengers from Brazil than a year ago, and 5.9 per cent more Chinese. The only fall was Indian visitors (7 per cent).

South Korea cuts interest rates

South Korea's central bank has cut interest rates for the second time in four months as it tries to ease Asia's fourth-largest economy through a global slowdown. Bank of Korea governor Kim Choong-soo said: "The rate cut will result in more good than bad." The bank cut its base rate 25 basis points to 2.75 per cent.

Air Partners see profits dive

The private plane provider Air Partner's profits and revenues tumbled last year. Profits dropped 44 per cent to £3.2m while revenues fell 19 per cent to £228m. But private jet revenues actually rose by 8 per cent. The major downturn was in commercial jet and freight orders.

Deals done for mobile banking

The mobile banking firm Monitise said there was "continued momentum" in its business after deals with Bank of China (Hong Kong) and IT firm Cognizant. More than 17 million customers now have access to services delivered by its technology.

Web pawnbroker Borro finds funds

The boom in short-term lending firms shows no sign of abating as the "online pawnbroker" Borro won £16m in new funding. US-based Canaan Partners and Ribbit Capital are leading the investment in Borro, which lends against items such as jewellery, watches and cars. Its annual percentage rate for sums under £19,999 is 68.8 per cent.

Ashmore boosts assets by 6.8%

Strong inflows from Middle East and Asian sovereign wealth funds helped emerging markets fund manager Ashmore boost its assets by 6.8 per cent in the last three months. On the performance side currencies and blended debt were particularly strong helping raise the value of assets by $3.7bn.

China raises heat over US tariffs

China has called on the US to repeal steep tariffs on solar panels as trade tensions between the two nations heated up. The US Commerce Department is imposing taxes of up to 250 per cent on Chinese solar panel products to counter what it argues are improper subsidies by Beijing to the industry.

Abramovich supports AFC

Roman Abramovich has taken a 15 per cent stake in hydrogen fuel-cell technology firm AFC Energy. The purchase of £8.7m of new shares by the Russian billionaire will enable AFC to focus on developing its technology for industrial and utility-scale use.

You're hired, apprentices told

Qinetiq is extending its apprenticeship scheme with the recruitment of a further 75 trainees over the next year. This adds to the 109 in place on the defence technology group's four-year programme at MoD Boscombe Down, Wiltshire.

Latest stories from i100
Career Services

Day In a Page

Syrian conflict is the world's first 'climate change war', say scientists, but it won't be the last one

Climate change key in Syrian conflict

And it will trigger more war in future
How I outwitted the Gestapo

How I outwitted the Gestapo

My life as a Jew in wartime Berlin
The nation's favourite animal revealed

The nation's favourite animal revealed

Women like cuddly creatures whilst men like creepy-crawlies
Is this the way to get young people to vote?

Getting young people to vote

From #VOTESELFISH to Bite the Ballot
Poldark star Heida Reed: 'I don't think a single bodice gets ripped'

Poldark star Heida Reed

'I don't think a single bodice gets ripped'
The difference between America and Israel? There isn’t one

The difference between America and Israel? There isn’t one

Netanyahu knows he can get away with anything in America, says Robert Fisk
Families clubbing together to build their own affordable accommodation

Do It Yourself approach to securing a new house

Community land trusts marking a new trend for taking the initiative away from developers
Head of WWF UK: We didn’t send Cameron to the Arctic to see green ideas freeze

David Nussbaum: We didn’t send Cameron to the Arctic to see green ideas freeze

The head of WWF UK remains sanguine despite the Government’s failure to live up to its pledges on the environment
Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Set in a mythologised 5th-century Britain, ‘The Buried Giant’ is a strange beast
With money, corruption and drugs, this monk fears Buddhism in Thailand is a ‘poisoned fruit’

Money, corruption and drugs

The monk who fears Buddhism in Thailand is a ‘poisoned fruit’
America's first slavery museum established at Django Unchained plantation - 150 years after slavery outlawed

150 years after it was outlawed...

... America's first slavery museum is established in Louisiana
Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

The first 'American Idol' winner on how she manages to remain her own woman – Jane Austen fascination and all
Tony Oursler on exploring our uneasy relationship with technology with his new show

You won't believe your eyes

Tony Oursler's new show explores our uneasy relationship with technology. He's one of a growing number of artists with that preoccupation
Ian Herbert: Peter Moores must go. He should never have been brought back to fail again

Moores must go. He should never have been brought back to fail again

The England coach leaves players to find solutions - which makes you wonder where he adds value, says Ian Herbert
War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn