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

IT Project Manager

Competitive: Clearwater People Solutions Ltd: Our client based in Chelmsford a...

Business Intelligence Specialist - work from home

£40000 per annum: Ashdown Group: An established and growing IT Consultancy fir...

Business Intelligence Specialist - work from home

£40000 per annum: Ashdown Group: An established and growing IT Consultancy fir...

IT Manager

£40000 - £45000 per annum + pension, healthcare,25 days: Ashdown Group: An est...

The Business Matrix: Friday 25 January 2013

Apple slips on smartphone fears

Apple's shares fell by 12 per cent yesterday, their biggest percentage drop in more than four years and slicing more than $50bn from the company's value, as disappointing iPhone sales over the Christmas period reinforced fears it is losing its dominance in smartphones. Shares have fallen 35 per cent since hitting a peak on 19 September.

Nokia returns to profitability

Nokia, once the world's largest phone company, has returned to profitability after an 18-month spell in the red. The Finnish technology group posted a pre-tax profit of €375m (£315m) during the last three months of 2012, compared with a €974m loss a year earlier. The company sold 15.9 million smartphones during the period.

Sony slammed for data failure

Legal experts hailed a decision by the Information Commissioner's Office (ICO) to fine Sony £250,000 for failing to stop hacking of personal data belonging to Playstation users, saying it showed the watchdog "has teeth".

The ICO ruled Sony could have done more to protect customers' credit-card details.

St James's Place hails 'new normal'

Wealth manager St James's Place yesterday said investors were getting to grips with the "new normal" of economic turmoil, low interest rates and high taxes as it posted record fourth-quarter figures.

It said investors no longer feared Europe's debt crisis and were now willing to part with their money again.

Ladbrokes buys Irish exchange

Ladbrokes has snapped up Irish betting exchange Betdaq for €30m (£25m) to boost its online business.

The deal is chief executive Richard Glynn's first since taking over at the bookmaker three years ago. He previously pulled out of talks to buy 888 and Sportingbet.

Bank's cash boosts mortgage lending

The Bank of England's cheap billions on offer through its Funding for Lending scheme continue to flood the mortgage market, the British Bankers' Association said yesterday.

Mortgage approvals rose for the sixth month in a row to 33,636, slightly up on November.

Profits slump at Chemring

Military defence equipment maker Chemring reported a 42 per cent slump in full-year profits and slashed its dividend by more than half.

The company warned that the market would remain tough this year as it reported a £70.1m profit and a 4.2p dividend.

Stock Exchange's 6% rise a surprise

Strong revenues from data firms helped the London Stock Exchange beat City forecasts in the past three months despite a decline in derivatives trading.

Chief executive Xavier Rolet said the 6 per cent rise to revenues of £209m emphasised the diversity of the business.

Saatchi takes Merlin stake

Advertising group M&C Saatchi has bought a majority stake in talent management agency Merlin Elite.

It plans to develop revenue streams and build intellectual property rather than just persuade brands to use acts in ads.

Medical software firm's shares fall

Shares in Emis, the medical software firm, crashed nearly 17 per cent after it admitted higher staff costs on a new web system would hit this year's profit.

The company makes software that allows health workers to view patients' medical records.

Latest stories from i100
Career Services

Day In a Page

Two super-sized ships have cruised into British waters, but how big can these behemoths get?

Super-sized ships: How big can they get?

Two of the largest vessels in the world cruised into UK waters last week
British doctors on brink of 'cure' for paralysis with spinal cord treatment

British doctors on brink of cure for paralysis

Sufferers can now be offered the possibility of cure thanks to a revolutionary implant of regenerative cells
Let's talk about loss

We need to talk about loss

Secrecy and silence surround stillbirth
Will there be an all-female mission to Mars?

Will there be an all-female mission to Mars?

Women may be better suited to space travel than men are
Oscar Pistorius sentencing: The athlete's wealth and notoriety have provoked a long overdue debate on South African prisons

'They poured water on, then electrified me...'

If Oscar Pistorius is sent to jail, his experience will not be that of other inmates
James Wharton: The former Guard now fighting discrimination against gay soldiers

The former Guard now fighting discrimination against gay soldiers

Life after the Army has brought new battles for the LGBT activist James Wharton
Ebola in the US: Panic over the virus threatens to infect President Obama's midterms

Panic over Ebola threatens to infect the midterms

Just one person has died, yet November's elections may be affected by what Republicans call 'Obama's Katrina', says Rupert Cornwell
Premier League coaches join the RSC to swap the tricks of their trades

Darling, you were fabulous! But offside...

Premier League coaches are joining the RSC to learn acting skills, and in turn they will teach its actors to play football. Nick Clark finds out why
How to dress with authority: Kirsty Wark and Camila Batmanghelidjh discuss the changing role of fashion in women's workwear

How to dress with authority

Kirsty Wark and Camila Batmanghelidjh discuss the changing role of fashion in women's workwear
New book on Joy Division's Ian Curtis sheds new light on the life of the late singer

New book on Ian Curtis sheds fresh light on the life of the late singer

'Joy Division were making art... Ian was for real' says author Jon Savage
Sean Harris: A rare interview with British acting's secret weapon

Sean Harris: A rare interview with British acting's secret weapon

The Bafta-winner talks Hollywood, being branded a psycho, and how Barbra Streisand is his true inspiration
Tim Minchin, interview: The musician, comedian and world's favourite ginger is on scorching form

Tim Minchin interview

For a no-holds-barred comedian who is scathing about woolly thinking and oppressive religiosity, he is surprisingly gentle in person
Boris Johnson's boozing won't win the puritan vote

Boris's boozing won't win the puritan vote

Many of us Brits still disapprove of conspicuous consumption – it's the way we were raised, says DJ Taylor
Ash frontman Tim Wheeler reveals how he came to terms with his father's dementia

Tim Wheeler: Alzheimer's, memories and my dad

Wheeler's dad suffered from Alzheimer's for three years. When he died, there was only one way the Ash frontman knew how to respond: with a heartfelt solo album