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

VB.Net Developer - £40k - Surrey - WANTED ASAP

£35000 - £40000 per annum + competitive: Progressive Recruitment: .Mid Level V...

Digitakl Business Analyst, Slough

£40000 - £45000 per annum + Competitive Benefits: Progressive Recruitment: Dig...

Mechanical Estimator: Nuclear Energy - Sellafield

£40000 - £50000 per annum + Car, Medical, Fuel + More!: Progressive Recruitmen...

Dynamics NAV Techno-Functional Consultant

£50000 - £60000 per annum + benefits: Progressive Recruitment: An absolutely o...

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.

Career Services

Day In a Page

Dress the Gaza situation up all you like, but the truth hurts

Robert Fisk on Gaza conflict

Dress the situation up all you like, but the truth hurts
Save the tiger: Tiger, tiger burning less brightly as numbers plummet

Tiger, tiger burning less brightly

When William Blake wrote his famous poem there were probably more than 100,000 tigers in the wild. These days they probably number around 3,200
5 News's Andy Bell retraces his grandfather's steps on the First World War battlefields

In grandfather's footsteps

5 News's political editor Andy Bell only knows his grandfather from the compelling diary he kept during WWI. But when he returned to the killing fields where Edwin Vaughan suffered so much, his ancestor came to life
Lifestyle guru Martha Stewart reveals she has flying robot ... to take photos of her farm

Martha Stewart has flying robot

The lifestyle guru used the drone to get a bird's eye view her 153-acre farm in Bedford, New York
Former Labour minister Meg Hillier has demanded 'pootling lanes' for women cyclists

Do women cyclists need 'pootling lanes'?

Simon Usborne (who's more of a hurtler) explains why winning the space race is key to happy riding
A tale of two presidents: George W Bush downs his paintbrush to pen father’s life story

A tale of two presidents

George W Bush downs his paintbrush to pen father’s life story
Restaurateur Mitch Tonks has given the Great Western Pullman dining car a makeover

The dining car makes a comeback

Restaurateur Mitch Tonks has given the Great Western Pullman dining car a makeover
Gallery rage: How are institutions tackling the discomfort of overcrowding this summer?

Gallery rage

How are institutions tackling the discomfort of overcrowding this summer?
Louis van Gaal has £500,000 video surveillance system installed to monitor Manchester United players

Eye on the prize

Louis van Gaal has £500,000 video surveillance system installed to monitor Manchester United players
Women's rugby: Tamara Taylor adds fuel to the ire in quest to land World Cup

Women's rugby

Tamara Taylor adds fuel to the ire in quest to land World Cup
Save the tiger: The day America’s love of backyard tigers led to a horrific bloodbath

The day America’s love of backyard tigers led to a horrific bloodbath

With only six per cent of the US population of these amazing big cats held in zoos, the Zanesville incident in 2011 was inevitable
Samuel Beckett's biographer reveals secrets of the writer's time as a French Resistance spy

How Samuel Beckett became a French Resistance spy

As this year's Samuel Beckett festival opens in Enniskillen, James Knowlson, recalls how the Irish writer risked his life for liberty and narrowly escaped capture by the Gestapo
We will remember them: relatives still honour those who fought in the Great War

We will remember them

Relatives still honour those who fought in the Great War
Star Wars Episode VII is being shot on film - and now Kodak is launching a last-ditch bid to keep celluloid alive

Kodak's last-ditch bid to keep celluloid alive

Director J J Abrams and a few digital refuseniks shoot movies on film. Simon Usborne wonders what the fuss is about
Once stilted and melodramatic, Hollywood is giving acting in video games a makeover

Acting in video games gets a makeover

David Crookes meets two of the genre's most popular voices