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

Year 5 Teacher

£80 - £140 per day: Randstad Education Leeds: Year 5 Teacher KS2 teaching job...

Software Developer

£35000 - £45000 Per Annum Pensions Scheme After 6 Months: Clearwater People So...

Systems Analyst / Business Analyst - Central London

£35000 - £37000 per annum + Benefits: Ashdown Group: Systems Analyst / Busines...

Senior Change Engineer (Network, Cisco, Juniper) £30k

£30000 - £35000 per annum + Benefits: Ampersand Consulting LLP: Senior Change ...

The Business Matrix: Thursday 20 February 2014

ITV buys stake in ‘Teen Wolf’ firm

ITV has bought a stake in DiGa Vision, the US independent producer behind television shows such as MTV’s longest running series, Teen Wolf. The deal is the latest in a series of acquisitions by ITV of production companies on both sides of the Atlantic, including High Noon Entertainment, Big Talk and The Garden.

Arms gives Bakrie family more time

Arms, the London-listed miner previously known as Bumi, has revealed the Bakrie family is asking for more time and a change to the terms of their deal to extract their Indonesian coal mining business from the company. The family, which co-founded Bumi plc with the financier Nat Rothschild, has raised $163m of the $228m agreed on.

Monitise reports leap in revenues

Half-yearly revenues at the mobile payments firm Monitise leapt by two-thirds but losses dropped only slightly to £23.3m. The company said the 67 per cent rise in sales to £46.5m was evidence of strong growth, adding that there are signs of a tipping point among people aged 18 to 25 using smart phones for mobile banking.

Another currency trader suspended

Royal Bank of Scotland has suspended a third trader in its inquiry into alleged manipulation of the foreign exchange market. Ian Drysdale was suspended this week, sources confirmed. Regulators including the FCA are investigating potential wrongdoing in the $5.3trn (£3.2trn) a day market. RBS declined to comment.

LDC sells stake in Benson Group

LDC, part of Lloyds Banking Group, has sold its stake in Benson Group, which makes food packaging, in a £100m deal with Graphic Packaging International. LDC took its stake in December 2011. Benson employs more than 900 staff and manufactures in Newcastle, Gateshead and Crewe.

Investors cash in on Vodafone deal

Vodafone’s investors will get six new shares for every 11 existing shares, after its $130bn (£78bn) Verizon Wireless sell-off. The deal allows Vodafone to keep its share price steady despite its stock market value almost halving. Shareholders will also get cash and 0.026 Verizon shares for each Vodafone share.

Carlsberg tops up earnings by 8%

Underlying earnings at Carlsberg rose 8 per cent to 2.32bn Danish kroner (£255m) in the fourth quarter of 2013, as the world’s fourth largest brewer increased its share of the market in the Nordic states, Portugal, Italy and Greece. However, it lost share in the UK.

RBS offloads business to BNP

Royal Bank of Scotland is selling parts of its structured retail investor products and equity derivatives businesses to France’s BNP Paribas for an undisclosed sum. RBS said the sale price was not material, but added the deal allows it to offload up to £15bn of liabilities.

A&J Mucklow profits down 9%

The commercial property group A&J Mucklow has posted a drop in underlying half-yearly profits to £6.3m, down from £6.9m a year earlier. But its net asset value – a key measure for property firms – rose to £190.3m from £182.5m.

Signet shines after $690m Zale deal

Signet is buying its smaller rival Zale for about $690m (£413m). The deal combines the two largest US mid-tier jewellery store chains, Zales and Signet’s Kay Jewelers. Signet’s London listed shares jumped 16 per cent on the news.

Latest stories from i100
Career Services

Day In a Page

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
Hugh Bonneville & Peter James: 'Peter loves his classic cars; I've always pootled along fine with a Mini Metro. I think I lack his panache'

How We Met: Hugh Bonneville & Peter James

'Peter loves his classic cars; I've always pootled along fine with a Mini Metro. I think I lack his panache'
Bill Granger recipes: Our chef's heavenly crab dishes don't need hours of preparation

Bill Granger's heavenly crab recipes

Scared off by the strain of shelling a crab? Let a fishmonger do the hard work so you can focus on getting the flavours right
Radamel Falcao: How faith and love drive the Colombian to glory

Radamel Falcao: How faith and love drive the Colombian to glory

After a remarkable conversion from reckless defender to prolific striker, Monaco's ace says he wants to make his loan deal at Old Trafford permanent
Terry Venables: Premier League managers must not be allowed to dictate who plays and who does not play for England

Terry Venables column

Premier League managers must not be allowed to dictate who plays and who does not play for England
The Inside Word: Brendan Rodgers looks to the future while Roy Hodgson is ghost of seasons past

Michael Calvin's Inside Word

Brendan Rodgers looks to the future while Roy Hodgson is ghost of seasons past