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

Recruitment Genius: Electricians

£35000 - £45000 per annum: Recruitment Genius: Fully qualified electricians re...

Ashdown Group: Junior Business Systems Analyst - High Wycombe - £30,000

£25000 - £30000 per annum: Ashdown Group: Junior Business Systems Analyst role...

Recruitment Genius: Operations / Transport & Logistics Assistant

£16000 - £22000 per annum: Recruitment Genius: This highly regarded industry l...

Recruitment Genius: Finance Team Leader

£23000 - £27000 per annum: Recruitment Genius: Do you want to work for a Compa...

The Business Matrix: Thursday 20 June 2013

Cheer as Spirit sales increase

The Chef & Brewer pubs company Spirit said like-for-like sales in its managed estate improved 2.6 per cent in the six weeks to 25 May 25, having been down by 3.8 per cent in the previous six weeks as cold weather impacted trade. The chief executive Mike Tye said it was a resilient performance in volatile trading conditions.

Japan's shock and awe tactics pay off

Japan's "shock and awe" tactics to revive the world's third biggest economy paid off in May with the biggest rise in exports since 2010. The weaker yen helped shipments jump 10.1 per cent year on year to 5.8 £39bn. But the 20 per cent fall in teh currency also saw the cost of imports soar, increasing the trade deficit by 10 per cent.

Cold spring gives Hennes the chills

Hennes & Mauritz has blamed cold weather and cash-strapped shoppers for a 4 per cent fall in first-half sales. A chilly spring in Europe saw the Swedish fashion giant, which has 2,900 plus stores in 49 countries, forced to cut prices to lure shoppers. Its earnings fell 11 per cent to £470,000 in the second quarter.

Spain jobless total too high, says IMF

The International Monetary Fund (IMF) has praised the economic progress made by Spain, but warns that more needs to be done to tackle the 27 per cent unemployment rate. "Strong reform progress is helping stabilise the economy... but unemployment remains unacceptably high and the outlook difficult," said the IMF.

Touch screen a hit for House of Fraser

The department store chain House of Fraser said more than 50 per cent of its online traffic now came from touch screen devices, prompting a redesign of its website for mobile and touch devices before working on its desktop version. The new site is due to be launched before the end of 2013.

Oil industry pumps up Weir

The pumps and valves firm Weir said trading in April and May was in line with expectations as it told investors and analysts in London that it was capable of annual underlying revenues growth of 5 per cent to 10 per cent. The firm has benefited from demand in the oil, gas and mining sectors.

Sales increase continues at DFS

The furniture retailer DFS said it achieved a 7.8 per cent rise in sales to £482m in the nine months to 27 April, continuing the positive trend of the first half. Underlying earnings grew by 8.5 per cent to £48m after further investment of £2.5m in the expansion of the business.

Another setback for Dreamliner

A month after Boeing's 787 Dreamliner returned to the skies, a United Airlines 787 flight from Denver to Tokyo was diverted to Seattle last night due to an oil-filter problem. Battery problems at other airlines saw the airline grounded for four months for safety checks.

Rogue property trader fined £1m

A salesman who arranged sale and rent-back deals and lied about property values has been fined nearly £1m by the Financial Conduct Authority for misleading customers. Gurpreet Singh Chadda traded as Red2Black Homes and B&L Homes.

Commerzbank to cut 5,200 jobs

Germany's second-largest lender Commerzbank is to cut 5,200 jobs, about 12 per cent of its 45,000 full-time staff. Around 3,900 jobs will be eliminated at the core bank in Germany. The bank is 17 per cent state-owned since a bailout during the crisis.

Latest stories from i100
Career Services

Day In a Page

HIV pill: Scientists hail discovery of 'game-changer' that cuts the risk of infection among gay men by 86%

Scientists hail daily pill that protects against HIV infection

Breakthrough in battle against global scourge – but will the NHS pay for it?
How we must adjust our lifestyles to nature: Welcome to the 'Anthropocene', the human epoch

Time to play God

Welcome to the 'Anthropocene', the human epoch where we may need to redefine nature itself
MacGyver returns, but with a difference: Handyman hero of classic 1980s TV series to be recast as a woman

MacGyver returns, but with a difference

Handyman hero of classic 1980s TV series to be recast as a woman
Tunnel renaissance: Why cities are hiding roads down in the ground

Tunnel renaissance

Why cities are hiding roads underground
'Backstreet Boys - Show 'Em What You're Made Of': An affectionate look at five middle-aged men

Boys to men

The Backstreet Boys might be middle-aged, married and have dodgy knees, but a heartfelt documentary reveals they’re not going gently into pop’s good night
Crufts 2015: Should foreign dogs be allowed to compete?

Crufts 2015

Should foreign dogs be allowed to compete?
10 best projectors

How to make your home cinema more cinematic: 10 best projectors

Want to recreate the big-screen experience in your sitting room? IndyBest sizes up gadgets to form your film-watching
Manchester City 1 Barcelona 2 player ratings: Luis Suarez? Lionel Messi? Joe Hart? Who was the star man?

Manchester City vs Barcelona player ratings

Luis Suarez? Lionel Messi? Joe Hart? Who was the star man at the Etihad?
Arsenal vs Monaco: Monaco - the making of Gunners' manager Arsene Wenger

Monaco: the making of Wenger

Jack Pitt-Brooke speaks to former players and learns the Frenchman’s man-management has always been one of his best skills
Cricket World Cup 2015: Chris Gayle - the West Indies' enigma lives up to his reputation

Chris Gayle: The West Indies' enigma

Some said the game's eternal rebel was washed up. As ever, he proved he writes the scripts by producing a blistering World Cup innings
In Ukraine a dark world of hybrid warfare and murky loyalties prevails

In Ukraine a dark world of hybrid warfare

This war in the shadows has been going on since the fall of Mr Yanukovych
'Birdman' and 'Bullets Over Broadway': Homage or plagiarism?

Homage or plagiarism?

'Birdman' shares much DNA with Woody Allen's 'Bullets Over Broadway'
Broadchurch ends as damp squib not even David Tennant can revive

A damp squib not even David Tennant can revive

Broadchurch, Series 2 finale, review
A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower: inside the mansion of Germany's 'Bishop of Bling'

Inside the mansion of Germany's 'Bishop of Bling'

A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower