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

Recruitment Genius: Sales Manager

£35000 - £45000 per annum: Recruitment Genius: This is a unique opportunity to...

Recruitment Genius: Trainee Manager - Production

Negotiable: Recruitment Genius: Trainee Managers are required to join the UK's...

Recruitment Genius: Telesales Manager

£25000 - £35000 per annum: Recruitment Genius: You will maximise the effective...

SThree: Trainee Recruitment Consultant

£20000 - £25000 per annum + uncapped commission : SThree: Hello! I know most ...

The Business Matrix: Thursday 3 July 2014

Hugo Boss takes control in China

German fashion house Hugo Boss is taking full control of its store network in China and Macau as it seeks to improve the way its brand is presented, a move that mirrors a broader trend by luxury goods groups in emerging markets. The operations, comprising 55 stores, generated about £75m or about 9 per cent of group sales.

Diageo buys India spirits firm

Diageo, the owner of Guinness beer and Smirnoff vodka, has gained control of India’s United Spirits. The drinks  giant will integrate the whisky maker into its global business from this month after confirming it has completed tender offers to buy a further  26 per cent, taking its ownership up to 54.78 per cent.

Yellen opposed  to rate rises

Monetary policy faces “significant limitations” as a tool to counter financial stability risks, Federal Reserve Chair Janet Yellen said, adding that heading off the U.S. housing bubble with higher interest rates would have caused economic damage. She said regulation should combat excessive financial risk-taking.

Carillion lands Liverpool deal

Facilities management and construction firm Carillion has been named preferred bidder for Liverpool Football Club’s main stand expansion contract. As well as the project, which is worth around £75m, the company said it is on track after it secured first-half  orders and probable orders worth £2.7bn.

Kier has got orders booked

Kier said its construction order book of secured or probable work stood at £2.6bn, which represents 90 per cent of anticipated revenue for the year to June 2015. In services, orders are stable at £3.6bn, which it said provided long-term visibility of revenue and 85 per cent of forecast revenues.

Gift firm has profits wrapped

Gift wrap and Christmas cracker maker International Greetings said its financial position improved materially in the year to March, with underlying profits up 4 per cent to £7.6m. It said investment in new high-definition printing at Glamorgan is all but complete, with presses fully operational.

Topps wipes floor with sales rise

Topps Tiles, which trades from 330 stores in the UK, said it believes it is continuing to grow ahead of the rest of the market after like-for-like revenues rose 6.3 per cent in the 13 weeks to 28 June. Chief executive Matthew Williams said: “We remain optimistic about trading.”

Trainline on track for flotation

The owner of online train ticketer Trainline has appointed investment bank Morgan Stanley to oversee a potential £400m flotation, Sky News reported. Private equity firm Exponent has not decided the timing of the probable initial public offering.

Rotork forks out  $25m for Xylem

Xylem Inc, a New York-based water-technology specialist, sold its UK valves unit to British flow-control company Rotork for $25m (£14.5m). Xylem Flow Control’s pneumatic and hydraulic valves are mostly used in the oil and gas industry.

Roche eyes $1.7bn Seragaon deal

Merger mania in the pharmaceuticals industry continued apace as Roche said it would pay $1.725bn (£1bn) to buy Seragon Pharmaceuticals, a privately-held US biotech company that researches breast cancer treatments.

Latest stories from i100
Career Services

Day In a Page

The saffron censorship that governs India: Why national pride and religious sentiment trump freedom of expression

The saffron censorship that governs India

Zareer Masani reveals why national pride and religious sentiment trump freedom of expression
Prince Charles' 'black spider' letters to be published 'within weeks'

Prince Charles' 'black spider' letters to be published 'within weeks'

Supreme Court rules Dominic Grieve's ministerial veto was invalid
Distressed Zayn Malik fans are cutting themselves - how did fandom get so dark?

How did fandom get so dark?

Grief over Zayn Malik's exit from One Direction seemed amusing until stories of mass 'cutting' emerged. Experts tell Gillian Orr the distress is real, and the girls need support
The galaxy collisions that shed light on unseen parallel Universe

The cosmic collisions that have shed light on unseen parallel Universe

Dark matter study gives scientists insight into mystery of space
The Swedes are adding a gender-neutral pronoun to their dictionary

Swedes introduce gender-neutral pronoun

Why, asks Simon Usborne, must English still struggle awkwardly with the likes of 's/he' and 'they'?
Disney's mega money-making formula: 'Human' remakes of cartoon classics are part of a lucrative, long-term creative plan

Disney's mega money-making formula

'Human' remakes of cartoon classics are part of a lucrative, long-term creative plan
Lobster has gone mainstream with supermarket bargains for £10 or less - but is it any good?

Lobster has gone mainstream

Anthea Gerrie, raised on meaty specimens from the waters around Maine, reveals how to cook up an affordable feast
Easter 2015: 14 best decorations

14 best Easter decorations

Get into the Easter spirit with our pick of accessories, ornaments and tableware
Paul Scholes column: Gareth Bale would be a perfect fit at Manchester United and could turn them into serious title contenders next season

Paul Scholes column

Gareth Bale would be a perfect fit at Manchester United and could turn them into serious title contenders next season
Inside the Kansas greenhouses where Monsanto is 'playing God' with the future of the planet

The future of GM

The greenhouses where Monsanto 'plays God' with the future of the planet
Britain's mild winters could be numbered: why global warming is leaving UK chillier

Britain's mild winters could be numbered

Gulf Stream is slowing down faster than ever, scientists say
Government gives £250,000 to Independent appeal

Government gives £250,000 to Independent appeal

Donation brings total raised by Homeless Veterans campaign to at least £1.25m
Oh dear, the most borrowed book at Bank of England library doesn't inspire confidence

The most borrowed book at Bank of England library? Oh dear

The book's fifth edition is used for Edexcel exams
Cowslips vs honeysuckle: The hunt for the UK’s favourite wildflower

Cowslips vs honeysuckle

It's the hunt for UK’s favourite wildflower
Child abuse scandal: Did a botched blackmail attempt by South African intelligence help Cyril Smith escape justice?

Did a botched blackmail attempt help Cyril Smith escape justice?

A fresh twist reveals the Liberal MP was targeted by the notorious South African intelligence agency Boss