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

Guru Careers: Software Developer / Web Developer

£30 - 40k + Benefits: Guru Careers: A Software / Web Developer (PHP / MYSQL) i...

Guru Careers: Account Executive

£18 - 20k + Benefits: Guru Careers: An Account Executive is needed to join one...

Guru Careers: Software Developer / Software Engineer

£35 - 40k + Benefits: Guru Careers: A Software Developer / Software Engineer i...

Reach Volunteering: Volunteer Trustee with Healthcare expertise

Voluntary and unpaid, reasonable expenses are reimbursable: Reach Volunteering...

The Business Matrix: Saturday 12 July 2014

Terminal 2 takes off at Heathrow

The number of passengers passing through Heathrow Airport rose by 1.1 per cent last month after it unveiled its new Terminal 2, known as the Queen’s Terminal. The airport said a record 6.6 million people took flights to and from the west London hub during June. Emerging market destinations boosted the numbers.

Imperial eyes US as rivals merge

Imperial Tobacco hopes to boost its presence in the US through the purchase of assets from two of the country’s biggest players, Reynolds and Lorillard. The British maker of Lambert & Butler and Gauloises cigarettes is in talks about buying some of the brands the two firms may wish to sell if they complete a merger deal.

AbbVie bosses try to woo rival Shire

Shire executives held talks with American drugs giant AbbVie in New York yesterday. The US group wants to buy Shire to cut its tax bill and diversify its products. It made a fourth cash and paper approach this week, valuing the UK firm at £30bn. Some investors have urged the hyperactivity and rare diseases specialist to enter talks.

Building work drops by 1.1%

Construction output fell by 1.1 per cent in May as private commercial work dipped by 3.6 per cent, official figures showed. Private housing construction, which has led the recovery of the building sector over the past year, flatlined. Economists said the data meant that the sector could have contracted overall in the second quarter.

HBOS report due by end of year

The findings of a review into why HBOS failed will be published by the end of the year now that disciplinary proceedings linked to its collapse have concluded, regulators said yesterday. The bank was rescued by a government-engineered takeover by Lloyds at the height of the financial crisis in 2008.

Bargain-hunters lift site’s revenues

British shoppers are still looking for a bargain, according to the price comparison site Moneysupermarket.com, which has forecast half-year revenues of £122m, up 9 per cent on last year. Trading growth in the second quarter was “a little stronger” than the first three months, the company added.

Moguls to shine  at Sun Valley

Rupert Murdoch, Bill Gates and Mark Zuckerberg joined other media and technology bosses at the Sun Valley business networking conference. The event at the mountain resort in Idaho was private but insiders said the importance of coding and education were key themes.

Friends Life sheds European arm

Friends Life has sold its European business to the private-equity firm Blackstone for £317m and said it will return some of the money to investors. The FTSE 100 insurer said the deal should be completed in the second half and would help to fund a £261m shares buyback.

Brazil’s Cup focus hits Experian

Brazilians have been more worried about football than finances during the World Cup, hitting results at Experian. The credit-checker said quarterly revenues at its Latin American arm fell 3 per cent but globally they rose by 4 per cent.

Rosneft chairman joins Pirelli board

Igor Sechin, the chairman of Rosneft, has joined Pirelli’s board after the Russian oil giant bought a substantial, indirect stake in the Italian tyre-maker. Ivan Glasenberg, the head of the commodities trader Glencore, is also joining Pirelli’s board.

Latest stories from i100
Career Services

Day In a Page

Raif Badawi: Wife pleads for fresh EU help as Saudi blogger's health worsens

Please save my husband

As the health of blogger Raif Badawi worsens in prison, his wife urges EU governments to put pressure on the Saudi Arabian royal family to allow her husband to join his family in Canada
Birthplace of Arab Spring in turmoil as angry Tunisians stage massive sit-in over lack of development

They shall not be moved: jobless protesters bring Tunisia to a halt

A former North African boom town is wasting away while its unemployed citizens stick steadfastly to their sit-in
David Hasselhoff's new show 'Hoff the Record': What's it like working with a superstar?

Hanging with the Hoff

Working with David Hasselhoff on his new TV series was an education for Ella Smith
Can Dubai's Design District 'hipster village' attract the right type of goatee-wearing individualist?

Hipsters of Arabia

Can Dubai’s ‘creative village’ attract the right type of goatee-wearing individualist?
The cult of Roger Federer: What is it that inspires such obsessive devotion?

The cult of Roger Federer

What is it that inspires such obsessive devotion?
Kuala Lumpur's street food: Not a 'scene', more a way of life

Malaysian munchies

With new flights, the amazing street food of Kuala Lumpur just got more accessible
10 best festival beauty

Mud guards: 10 best festival beauty

Whether you're off to the Isle of Wight, Glastonbury or a local music event, we've found the products to help you
Unai Emery’s passion for winning and eye for a bargain keep Seville centre stage in Europe

A Different League

Unai Emery’s passion for winning and eye for a bargain keep Seville centre stage in Europe, says Pete Jenson
Amir Khan and James DeGale’s remarkable Olympic performances were just the start of an extraordinary journey - Steve Bunce

Steve Bunce on Boxing

Amir Khan and James DeGale’s remarkable Olympic performances were just the start of an extraordinary journey
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