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

Recruitment Genius: Senior Digital Marketing Consultant

£28000 - £45000 per annum: Recruitment Genius: A Senior Digital Marketing Cons...

Recruitment Genius: Assistant Stores Keeper

£16640 - £18500 per annum: Recruitment Genius: An Assistant Stores Keeper is r...

Recruitment Genius: Claims Administrator

£16000 - £18500 per annum: Recruitment Genius: This is an excellent opportunit...

Recruitment Genius: Software Developer - C# / ASP.NET / SQL

£17000 - £30000 per annum: Recruitment Genius: Developer required to join a bu...

The Business Matrix: Thursday 21 March 2013

Skoda expects rise in deliveries

Volkswagen's Skoda expects more deliveries this year after record sales in 2012. But the car-maker said the introduction of a new small-car version of the Octavia and Spaceback hatchback countered by weak demand in Europe will have an impact. Skoda sold 939,200 cars in 2012, with revenues of €10.44bn (£8.9bn).

Countrywide shares rocket

The revival of big flotations continues as Countrywide, the Britain's largest estate agent, saw its shares jump to a 13 per cent premium on the first day of dealings yesterday. Its shares, sold at a top-of-the-range 350p and raced up to 397p as more than 186 million shares changed hands. At that price, the business is valued at £848m.

Deutsche Bank ups damage costs

Deutsche Bank has knocked €600m (£514m) off its 2012 profits after saying it had to set aside more money to cover litigation costs. That cut its pre-tax profit for last year to €800m and raised its provisions for litigation matters to €2.4bn. The bank refused to specify which areas the extra money covered.

UAE could hand Shell gas project

State-run Abu Dhabi National Oil Company has recommended oil major Shell to win the multibillion dollar project to develop its Bab gas field. However the UAE's higher authorities have yet to rule on the decision, insiders said. The winning bidder for the project will be expected to form a joint venture with Adnoc as majority shareholder.

ANA wants cash from Boeing

The airline which suffered the most disruption from Boeing's Dreamliner crisis wants compensation in cash, not cut-price deals, which may see the planemaker's costs soar. Insiders at All Nippon Airways, which with 17 787s was the Dreamliner's biggest customer, said: "ANA would prefer to have the cash."

Organic food sales fall again

Consumers are leaving organic food on the shelf, with revenues falling again. The Soil Association said organic sales fell by 1.5 per cent to £1.64bn in 2012, after a 3.7 per cent decline in 2011. The association's Jim Twine said: "In the worst economic downturn in living memory, the organic sector is not immune."

InterContinental boss nets £1.26m

InterContinental Hotels handed its chief executive Richard Solomons £1.26m last year. The company, which owns the Crowne Plaza and Staybridge Suites, revealed Mr Solomons had been paid a basic salary of £716,000 alongside a bonus of £494,000 and other benefits. The pay package, disclosed in a regulatory release while the Budget was being announced, compares to £1.14m last year.

African boost for Wood Group

The oil and gas services group Wood has won 11 new contracts in Africa totalling $240m in the last year. They include detailed engineering services for an offshore project in Angola, and services to clients in Equatorial Guinea, Chad and Algeria, the Aberdeen-based Wood said.

Apple brand is less 'inspiring'

Apple is thought of as being less "inspiring" than it was three years ago, according to research by Added Value, part of Sir Martin Sorrell's WPP group. Shareholders have already seen about $230bn wiped off Apple's stock market value since September.

Airlines fly to higher profit

The world's airlines will make a higher than expected profit thanks to strong passenger demand and cargo business. The industry's trade body, the International Air Transport Association, predicts the sector will make a net profit of $10.6bn (£6.9bn) this year.

Latest stories from i100
Career Services

Day In a Page

Fishing for votes with Nigel Farage: The Ukip leader shows how he can work an audience as he casts his line to the disaffected of Grimsby

Fishing is on Nigel Farage's mind

Ukip leader casts a line to the disaffected
Who is bombing whom in the Middle East? It's amazing they don't all hit each other

Who is bombing whom in the Middle East?

Robert Fisk untangles the countries and factions
China's influence on fashion: At the top of the game both creatively and commercially

China's influence on fashion

At the top of the game both creatively and commercially
Lord O’Donnell: Former cabinet secretary on the election and life away from the levers of power

The man known as GOD has a reputation for getting the job done

Lord O'Donnell's three principles of rule
Rainbow shades: It's all bright on the night

Rainbow shades

It's all bright on the night
'It was first time I had ever tasted chocolate. I kept a piece, and when Amsterdam was liberated, I gave it to the first Allied soldier I saw'

Bread from heaven

Dutch survivors thank RAF for World War II drop that saved millions
Britain will be 'run for the wealthy and powerful' if Tories retain power - Labour

How 'the Axe' helped Labour

UK will be 'run for the wealthy and powerful' if Tories retain power
Rare and exclusive video shows the horrific price paid by activists for challenging the rule of jihadist extremists in Syria

The price to be paid for challenging the rule of extremists

A revolution now 'consuming its own children'
Welcome to the world of Megagames

Welcome to the world of Megagames

300 players take part in Watch the Skies! board game in London
'Nymphomaniac' actress reveals what it was really like to star in one of the most explicit films ever

Charlotte Gainsbourg on 'Nymphomaniac'

Starring in one of the most explicit films ever
Robert Fisk in Abu Dhabi: The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers

Robert Fisk in Abu Dhabi

The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers
Vince Cable interview: Charging fees for employment tribunals was 'a very bad move'

Vince Cable exclusive interview

Charging fees for employment tribunals was 'a very bad move'
Iwan Rheon interview: Game of Thrones star returns to his Welsh roots to record debut album

Iwan Rheon is returning to his Welsh roots

Rheon is best known for his role as the Bastard of Bolton. It's gruelling playing a sadistic torturer, he tells Craig McLean, but it hasn't stopped him recording an album of Welsh psychedelia
Morne Hardenberg interview: Cameraman for BBC's upcoming show Shark on filming the ocean's most dangerous predator

It's time for my close-up

Meet the man who films great whites for a living
Increasing numbers of homeless people in America keep their mobile phones on the streets

Homeless people keep mobile phones

A homeless person with a smartphone is a common sight in the US. And that's creating a network where the 'hobo' community can share information - and fight stigma - like never before