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

Recruitment Genius: Massage Therapist / Sports Therapist / Physio / Osteopath

£12000 - £24000 per annum: Recruitment Genius: An opportunity has arisen for o...

Recruitment Genius: Account Manager / Sales Executive - Contract Hire

£35000 - £60000 per annum: Recruitment Genius: This industry leader provides c...

Recruitment Genius: Project Coordinator

£28000 - £30000 per annum: Recruitment Genius: A Project Coordinator is requir...

Recruitment Genius: Area Sales Manager - Midlands

£20000 - £25000 per annum: Recruitment Genius: This is an exciting opportunity...

The Business Matrix: Thursday 20 March 2014

BMW predicting new sales record

BMW has forecast record car sales and pre-tax profit to “rise significantly” this year. The German owner of the Mini, Rolls-Royce and BMW marques delivered a record 1.96 million cars in 2013 and said it expected to top that this year “despite ongoing volatile business  conditions”, chief executive Norbert Reithofer said.

Swiss pay £2.1bn for JPMorgan arm

Another major chunk of the global commodities industry disappeared into secretive Switzerland yesterday as JPMorgan offloaded its physical commodities arm to Swiss trading outfit Mercuria Energy. The business is run by two former Goldman Sachs traders, Marco Dunand and Daniel Jaeggi, who paid  JPMorgan $3.5bn (£2.1bn).

Airbnb asks No 10 for cut in red tape

One of the co-founders of rental site Airbnb is lobbying the Government to “modernise” legislation, saying London could become a global example of the so-called ‘sharing economy’ if the Government takes action to cut red tape. Nathan Blecharczyk, Airbnb’s chief technology officer, visited Downing Street.

Unite plans block for 900 students 

The UK’s biggest developer and manager of student accommodation has won planning approval for a £93m block in Islington, north London, housing up to 900 students. Unite said the scheme would help to address a “significant shortfall” in student housing, which had put pressure on the residential housing market.

Laing O’Rourke’s Olympic challenge

The UK’s biggest privately owned builder is close to landing a £150m deal to convert the former Olympic Press and Broadcast Centre into a  new east London hub for  creative and digital businesses, it emerged yesterday.  Laing O’Rourke will carry  out the work for iCity.

Samsonite greets return of Chinese

The impact of the crackdown on luxury spending in China could be coming to an end, according to the boss of luggage maker Samsonite. Tim Parker, who said the group had recorded an 18 per cent rise in 2013 net profit to $197m, said there were “signs that the trading environment in China is stabilising”.

Essenden posts  a major strike

The skittles index of discretionary spending rose last year, according to latest results from bowling group Essenden. The Aim-listed owner of 29 centres turned round 2012’s £100,000 pre-tax loss to post a £3.6m pre-tax profit. It said the start of 2014 had continued in a positive vein.

Peace breaks out in Magic Kingdom

Walt Disney has seen off a shareholder revolt after a last-minute compromise in the row over boss Bob Iger holding the dual roles of chief executive and chairman. The board promised it would appoint a separate chairman in future under “normal” circumstances.

Airbus hopes for £12bn China deal

China is in talks to buy at least 150 Airbus jets – potentially worth $20bn (£12bn) when  Xi Jinping pays his first visit to Europe as president at the end of this month. China is expected to buy more A330 passenger aircraft following the talks.

VW to switch W12 work to Crewe

Luxury carmaker Bentley Motors will make all of parent Volkswagen’s powerful W12 engines from the end of this year, creating about 100 jobs  for its Crewe factory and  ending production of the engines in Germany.

Latest stories from i100
Career Services

Day In a Page

John Palmer: 'Goldfinger' of British crime was murdered, say police

Murder of the Brink’s-MAT mastermind

'Goldfinger' of British crime's life ended in a blaze of bullets, say police
Forget little green men - aliens will look like humans, says Cambridge University evolution expert

Forget little green men

Leading evolutionary biologist says aliens will look like humans
The Real Stories of Migrant Britain: An Algerian scientist adjusts to life working in a kebab shop

The Real Stories of Migrant Britain

An Algerian scientist struggles to adjust to her new life working in a Scottish kebab shop
Bodyworlds museum: Dr Gunther von Hagens has battled legal threats, Parkinson's disease, and the threat of bankruptcy

Dying dream of Doctor Death

Dr Gunther von Hagens has battled legal threats, Parkinson's disease, and the threat of bankruptcy
UK heatwave: Temperature reaches 39.8 degrees on Central Line - the sweatiest place in London

39.8 degrees recorded on Tube

There's hot (London) and too damn hot (the Underground). Simon Usborne braved the Central line to discover what its passengers suffer
Kitchens go hi-tech: From robot chefs to recipe-shopping apps, computerised cooking is coming

Computerised cooking is coming

From apps that automatically make shopping lists from your recipe books to smart ovens and robot chefs, Kevin Maney rounds up innovations to make your mouth water
Jessie Cave interview: The Harry Potter star has published a feminist collection of cartoons

Jessie Cave's feminist cartoons

The Harry Potter star tells Alice Jones how a one-night stand changed her life
Football Beyond Borders: Even the most distruptive pupils score at homework club

Education: Football Beyond Borders

Add football to an after-school homework club, and even the naughtiest boys can score
10 best barbecue books

Fire up the barbie: 10 best barbecue books

We've got Bibles to get you grilling and smoking like a true south American pro
Wimbledon 2015: Nick Bollettieri - Junk balls and chop and slice are only way 5ft 1in Kurumi Nara can live with Petra Kvitova’s power

Nick Bollettieri's Wimbledon Files

Junk balls and chop and slice are only way 5ft 1in Kurumi Nara can live with Petra Kvitova’s power
Ron Dennis exclusive: ‘This is one of the best McLaren teams ever – we are going to do it’

‘This is one of the best McLaren teams ever – we are going to do it’

Ron Dennis shrugs off a poor start to the season in an exclusive interview, and says the glory days will come back
Seifeddine Rezgui: What motivated a shy student to kill 38 holidaymakers in Tunisia?

Making of a killer

What motivated a shy student to kill 38 holidaymakers in Tunisia?
UK Heatwave: Temperatures on the tube are going to exceed the legal limit for transporting cattle

Just when you thought your commute couldn't get any worse...

Heatwave will see temperatures on the Tube exceed legal limit for transporting cattle
Exclusive - The Real Stories of Migrant Britain: Swapping Bucharest for London

The Real Stories of Migrant Britain

Meet the man who swapped Romania for the UK in a bid to provide for his family, only to discover that the home he left behind wasn't quite what it seemed
Cheaper energy on the way, but it's not all sunshine and rainbows

Cheaper energy on the way, but it's not all sunshine and rainbows

Solar power will help bring down electricity prices over the next five years, according to a new report. But it’s cheap imports of ‘dirty power’ that will lower them the most