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

Recruitment Genius: Automotive Service Advisor - Franchised Main Dealer

£18000 - £25000 per annum: Recruitment Genius: This successful, family owned m...

Ashdown Group: Digital Marketing Executive - West London - £35,000

£28000 - £35000 per annum: Ashdown Group: A luxury fashion retailer based in W...

Ashdown Group: IT Systems Engineer - East Riding of Yorkshire

£30000 - £35000 per annum: Ashdown Group: IT Systems Engineer - East Riding of...

Recruitment Genius: IT Technician / Epos Engineer - Crayford

£15000 - £18000 per annum: Recruitment Genius: This retail and hospitality til...

The Business Matrix: Friday 21 December 2012

Theo Fennell halves losses

Theo Fennell, purveyor of bling to celebs such as Sir Elton John and Kate Beckinsale, has cut its interim losses by more than half. The jeweller said it had benefited from a cost-cutting programme as it posted a £610,083 loss for the six months to 30 September, against £1.4m last time. However, sales slipped by 8 per cent to £4.9m.

Superstorm bills continue to mount

Amlin and Lancashire Holdings have together added more than $200m (£123m) to the clean-up bill for Superstorm Sandy.

The two insurers joined the growing list unveiling their exposure to the disaster, which is expected to cost the global industry up to $25bn. Amlin said Sandy was likely to cost it about £145m.

Stansted 'should stay regulated'

Stansted airport should continue to be regulated because of its dominance among budget and charter airlines, the Civil Aviation Authority has decided, saying the airport's market power was likely to grow between 2014 and 2019 as airport capacity constraints continued to tighten in London.

Weir in $385m Mathena deal

Glasgow-headquartered engineering firm Weir has agreed to buy US drilling company Mathena for up to $385m (£237m) in a deal that will boost its presence in the American shale gas sector. Mathena provide specialist rental equipment used in fracking.

Kent to merge with DCC unit

Kent Pharmaceuticals has been bought by the support services company DCC for €71.2m (£58m). DCC will merge Ashford-based Kent Pharmaceuticals with its existing pharma business, DCC Healthcare.

Sportingbet takeover unveiled

Betting giant William Hill and partner GVC holdings have unveiled a £485m takeover of online gambling company Sportingbet. The recommended cash and shares offer values Sportingbet shares at 56.1 p each, comprising 44.8p in cash from William Hill, a 1.1p dividend declared by Sportingbet and the rest in GVC paper.

Pace baulks at Motorola price

TV set-top box maker Pace lost out in a bid battle to expand its US business yesterday as it baulked at the price demanded by internet giant Google for its Motorola Home division. The fate of Motorola's set-top box arm has been in doubt ever since Google paid $12.5bn (£7.7bn) for the US mobile-phone maker earlier this year.

Premier on a roll with its Mini Roll

Premier Foods yesterday extended its licence with Cadbury to continue making cakes under the chocolate company's brand through to 2017. Cadbury's Mini Roll is one of Premier's top-selling products, and the brand is the fastest growing in the cake market. Total sales have reached £60m a year.

Facebook link-up boosts 888

Online gaming firm 888 said trading continued to be strong across the group ahead of its 31 December financial year end. The group recently announced a tie-up with social network giant Facebook to offer real-money games in the UK, starting in the new year.

NAR renews deals worth £30m

Vehicle crash repair firm Nationwide Accident Repair said it had renewed contracts with Hastings Direct and Zurich Insurance worth a combined £30m. The group said it had also agreed a deal with Aviva worth £3m.

Latest stories from i100
Career Services

Day In a Page

Homeless Veterans campaign: Donations hit record-breaking £1m target after £300,000 gift from Lloyds Bank

Homeless Veterans campaign

Donations hit record-breaking £1m target after huge gift from Lloyds Bank
Flight MH370 a year on: Lost without a trace – but the search goes on

Lost without a trace

But, a year on, the search continues for Flight MH370
Germany's spymasters left red-faced after thieves break into brand new secret service HQ and steal taps

Germany's spy HQ springs a leak

Thieves break into new €1.5bn complex... to steal taps
International Women's Day 2015: Celebrating the whirlwind wit of Simone de Beauvoir

Whirlwind wit of Simone de Beauvoir

Simone de Beauvoir's seminal feminist polemic, 'The Second Sex', has been published in short-form for International Women's Day
Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Why would I want to employ someone I’d be happy to have as my boss, asks Simon Kelner
Confessions of a planespotter: With three Britons under arrest in the UAE, the perils have never been more apparent

Confessions of a planespotter

With three Britons under arrest in the UAE, the perils have never been more apparent. Sam Masters explains the appeal
Russia's gulag museum 'makes no mention' of Stalin's atrocities

Russia's gulag museum

Ministry of Culture-run site 'makes no mention' of Stalin's atrocities
The big fresh food con: Alarming truth behind the chocolate muffin that won't decay

The big fresh food con

Joanna Blythman reveals the alarming truth behind the chocolate muffin that won't decay
Virginia Ironside was my landlady: What is it like to live with an agony aunt on call 24/7?

Virginia Ironside was my landlady

Tim Willis reveals what it's like to live with an agony aunt on call 24/7
Paris Fashion Week 2015: The wit and wisdom of Manish Arora's exercise in high camp

Paris Fashion Week 2015

The wit and wisdom of Manish Arora's exercise in high camp
8 best workout DVDs

8 best workout DVDs

If your 'New Year new you' regime hasn’t lasted beyond February, why not try working out from home?
Paul Scholes column: I don't believe Jonny Evans was spitting at Papiss Cissé. It was a reflex. But what the Newcastle striker did next was horrible

Paul Scholes column

I don't believe Evans was spitting at Cissé. It was a reflex. But what the Newcastle striker did next was horrible
Miguel Layun interview: From the Azteca to Vicarage Road with a million followers

From the Azteca to Vicarage Road with a million followers

Miguel Layun is a star in Mexico where he was criticised for leaving to join Watford. But he says he sees the bigger picture
Frank Warren column: Amir Khan ready to meet winner of Floyd Mayweather v Manny Pacquiao

Khan ready to meet winner of Mayweather v Pacquiao

The Bolton fighter is unlikely to take on Kell Brook with two superstar opponents on the horizon, says Frank Warren
War with Isis: Iraq's government fights to win back Tikrit from militants - but then what?

Baghdad fights to win back Tikrit from Isis – but then what?

Patrick Cockburn reports from Kirkuk on a conflict which sectarianism has made intractable