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

Year 5 Teacher

Negotiable: Randstad Education Plymouth: Year 5 Primary Teaching positionRands...

C# Algo-Developer (BDD/TDD, ASP.NET, JavaScript, RX)

£45000 - £69999 per annum + Benefits + Bonus: Harrington Starr: C# Algo-Develo...

Senior Data Scientist (Data Mining, Apache Mahout, Python,R,AI)

£60000 - £70000 per annum + Benefits + Bonus: Harrington Starr: Senior Data Sc...

Data Scientist (SQL,Data mining, data modelling, PHD, AI)

£50000 - £80000 per annum + benefits+bonus+package: Harrington Starr: Data Sci...

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.

Career Services

Day In a Page

Ukraine crisis: The phoney war is over as Russian troops and armour pour across the border

The phoney war is over

Russian troops and armour pour into Ukraine
Potatoes could be off the menu as crop pests threaten UK

Potatoes could be off the menu as crop pests threaten UK

The world’s entire food system is under attack - and Britain is most at risk, according to a new study
Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Seoul's plastic surgery industry is booming thanks to the popularity of the K-Pop look
From Mozart to Orson Welles: Creative geniuses who peaked too soon

Creative geniuses who peaked too soon

After the death of Sandy Wilson, 90, who wrote his only hit musical in his twenties, John Walsh wonders what it's like to peak too soon and go on to live a life more ordinary
Caught in the crossfire of a cyber Cold War

Caught in the crossfire of a cyber Cold War

Fears are mounting that Vladimir Putin has instructed hackers to target banks like JP Morgan
Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years

Salomé: A head for seduction

Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years. Now audiences can meet the Biblical femme fatale in two new stage and screen projects
From Bram Stoker to Stanley Kubrick, the British Library's latest exhibition celebrates all things Gothic

British Library celebrates all things Gothic

Forthcoming exhibition Terror and Wonder: The Gothic Imagination will be the UK's largest ever celebration of Gothic literature
The Hard Rock Café's owners are embroiled in a bitter legal dispute - but is the restaurant chain worth fighting for?

Is the Hard Rock Café worth fighting for?

The restaurant chain's owners are currently embroiled in a bitter legal dispute
Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival

In search of Caribbean soul food

Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival
11 best face powders

11 best face powders

Sweep away shiny skin with our pick of the best pressed and loose powder bases
England vs Norway: Roy Hodgson's hands tied by exploding top flight

Roy Hodgson's hands tied by exploding top flight

Lack of Englishmen at leading Premier League clubs leaves manager hamstrung
Angel Di Maria and Cristiano Ronaldo: A tale of two Manchester United No 7s

Di Maria and Ronaldo: A tale of two Manchester United No 7s

They both inherited the iconic shirt at Old Trafford, but the £59.7m new boy is joining a club in a very different state
Israel-Gaza conflict: No victory for Israel despite weeks of death and devastation

Robert Fisk: No victory for Israel despite weeks of devastation

Palestinians have won: they are still in Gaza, and Hamas is still there
Mary Beard writes character reference for Twitter troll who called her a 'slut'

Unlikely friends: Mary Beard and the troll who called her a ‘filthy old slut’

The Cambridge University classicist even wrote the student a character reference
America’s new apartheid: Prosperous white districts are choosing to break away from black cities and go it alone

America’s new apartheid

Prosperous white districts are choosing to break away from black cities and go it alone