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

Nursery Nurse

Negotiable: Randstad Education Manchester: Level 3 Nursery Nurse required for ...

Nursery Nurse

Negotiable: Randstad Education Manchester: L3 Nursery Nurses urgently required...

SEN Teaching Assistant

Negotiable: Randstad Education Manchester: We have a number of schools based S...

SEN Teaching Assistant

Negotiable: Randstad Education Manchester: SEN Teaching Assistant required in ...

The Business Matrix: Thursday 26 May 2011

Tata Steel warns over rising costs

Tata Steel has warned that rising raw material costs could hurt margins for a couple of quarters after it posted a record 89.8bn rupees (£1.2bn) annual net profit, bolstered by a surge in prices and demand in India. The steel maker, which announced 1,500 job cuts at its UK plants lastweek, said tepid demand in Europe was a cause for concern.

TMX sets date for vote on LSE deal

The Ontario Superior Court of Justice has issued an interim order that TMX yesterday said allowed it to proceed with a shareholder meeting and vote on its proposed tie-up with the London Stock Exchange. Shareholders in the operator of the Toronto exchange are now due to vote on the merger on 30 June.

Corporate deals boost Hogg

The corporate travel specialist Hogg Robinson has reported a strong recovery in business as the economy strengthened. The firm, which reported a 36 per cent rise in annual profits to £29m, said events such as volcanic ash clouds could actually generate work as it manages contingency plans to offset the disturbance to travel.

Caribbean woes engage CWC

Cable & Wireless Communications has warned it expects further falls in earnings from its Caribbean arm. The telecoms group, which posted a 15 per cent fall in earnings to $229m (£142m) for the past year, said call revenues in the region fell 9 per cent. Growth in areas such as Macau and Panama helped overall profits rise 21 per cent.

Oil firms power Aveva profits

Aveva has reported an 8 per cent rise in full-year profits after strong demand from customers in the oil, gas and power sectors. The IT group, which makes software used to design nuclear power stations, ships and oil facilities, said its annual profits rose to £55m compared with £51m in 2010.

Amazon to recruit 900 in Scotland

Amazon is to open a customer support centre in Edinburgh to provide technical support for its Kindle e-book reader, creating 500 permanent and 400 temporary jobs. The online retailer said the operation, to open in August, will also handle customer inquiries as it expands its product range.

P&O owner sails back on to LSE

Shares in DP World, the third largest ports operator in the world, are to start trading on the London Stock Exchange on 1 June. DP World, controlled by the Gulf emirate Dubai, bought P&O’s port operations in 2006 and has stakes in Southampton and Tilbury container terminals as a result.

Glencore dips on Hong Kong debut

Shares in Glencore fell as much as 3 per cent on their Hong Kong debut yesterday, with Asian investors spooked by concerns over valuations and the outlook for commodities. The shares closed at HK$64.85, below the offer price of HK$66.53. The London-listed Glencore shares later closed down 2.8p at 522.2p.

Gooding to chair Premier Farnell

Val Gooding, the former chief executive of the private health insurance company Bupa, has been named as chairman at the components distributor Premier Farnell. Ms Gooding will succeed Sir Peter Gershon, who is retiring at Premier Farnell’s annual meeting on 14 June after seven years on the board.

Martha Stewart explores sale

Shares in Martha Stewart Living Omnimedia, the eponymous US homemaking maven’s media business, soared nearly a third yesterday on news she could sell out or bring in an outside partner. Stewart is set to return to the firm’s board in August after completing a ban connected to the Imclone insider-trading scandal.

Career Services

Day In a Page

Scottish referendum: The Yes vote was the love that dared speak its name, but it was not to be

Despite the result, this is the end of the status quo

Boyd Tonkin on the fall-out from the Scottish referendum
Manolo Blahnik: The high priest of heels talks flats, Englishness, and why he loves Mary Beard

Manolo Blahnik: Flats, Englishness, and Mary Beard

The shoe designer who has been dubbed 'the patron saint of the stiletto'
The Beatles biographer reveals exclusive original manuscripts of some of the best pop songs ever written

Scrambled eggs and LSD

Behind The Beatles' lyrics - thanks to Hunter Davis's original manuscript copies
'Normcore' fashion: Blending in is the new standing out in latest catwalk non-trend

'Normcore': Blending in is the new standing out

Just when fashion was in grave danger of running out of trends, it only went and invented the non-trend. Rebecca Gonsalves investigates
Dance’s new leading ladies fight back: How female vocalists are now writing their own hits

New leading ladies of dance fight back

How female vocalists are now writing their own hits
Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam