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

Guru Careers: Software Developer / C# Developer

£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...

Guru Careers: Software Developer

£35 - 40k + Benefits: Guru Careers: We are seeking a Software Developer (JavaS...

SThree: Trainee Recruitment Consultant / Resourcer

£18000 - £23000 per annum + Commission: SThree: As a Trainee Recruitment Consu...

Ashdown Group: UI Developer - (UI, HTML, CSS, JavaScript, AngularJS)

£25000 - £40000 per annum: Ashdown Group: UI Developer - (UI, JavaScript, HTML...

The Business Matrix: Tuesday 13 March 2012

$2.6bn payment to Boeing was illegal

The US funnelled at least $2.6bn in illegal subsidies to Boeing through the space agency Nasa to develop the aircraft maker's Dreamliner aircraft, the World Trade Organisation has ruled. The decision is the latest in a long dispute in which the trade arbiter has declared both Boeing and European rival Airbus in breach of rules against state aid.

Laird gains £20m in antennas deal

The fast-changing world of smartphones has the one-time shipbuilder turned technology company Laird to sell part of its traditional mobile handset antennas business for £20m. China's Shenzhen Sunway Communication is buying the subsidiary in cash as the British company looks to focus on more hi-tech wireless technology.

Stagecoach in £6.5m takeover

Stagecoach Theatre Arts, the performing arts school which counts Myleene Klass among its ex-teachers, has new owners after a £6.5m takeover yesterday. The 65p-a-share offer from Lifeskills Education, the vehicle of serial small businesses investor Shirin Gandhi, comes amid plans to expand the struggling business overseas.

Low interest rates limits insolvencies

The administration specialist Begbies Traynor said activity levels in the insolvency market remained subdued in the three months to 31 January, helped by record-low interest rates. The Manchester-based company said its insolvency division reduced its headcount to 470 from 501 at the end of last year as it reduced its costs.

Danish deal off menu for Cobham

Aerospace and defence systems firm Cobham has ended its interest in communications specialist Thrane & Thrane after failing to win the Danish company's backing for a £273m takeover. Dorset-based Cobham had planned to make it one of its main global businesses and a focus for future investment.

World's oldest bank seeks funds

The biggest shareholder in Italy's Banca Monte dei Paschi di Siena may sell a chunk of the world's oldest bank in the market if it cannot find a buyer before a 15 March deadline. The Monte dei Paschi banking foundation is racing against time to sell a stake of up to 15.5 per cent to repay €1.1bn of debt.

Spain gets grilling over its deficit

Eurozone finance ministers grilled Spain yesterday over its budget deficit, which is set to break stricter new EU rules this year, stressing that Madrid must get back on target in 2013. Spain this month admitted that it had missed its 2011 target and would not meet this year's either.

Campari banks on Wild Turkey

Campari is hoping strong sales of Wild Turkey bourbon and its Aperol aperitif in new markets such as Russia and Brazil will help offset weaker consumption in Europe after its annuals profits missed forecasts. The Italian drinks firm saw profits rise less than 2 per cent.

VW boss drives off with double pay

Martin Winterkorn's pay packet nearly doubled last year at Volkswagen as Europe's top carmaker posted record profits and deliveries. Mr Winterkorn made €17.5m in salary and bonuses, up from €9.3m, making him the best paid CEO at a German blue-chip firm.

Deal just the ticket for FirstGroup

FirstGroup has agreed to sell its bus operations in North Devon to the rival train and bus company Stagecoach for £2.8m. The deal includes around 30 vehicles, 100 staff and a depot facility in Barnstaple.

Latest stories from i100
Career Services

Day In a Page

Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine
Letterman's final Late Show: Laughter, but no tears, as David takes his bow after 33 years

Laughter, but no tears, as Letterman takes his bow after 33 years

Veteran talkshow host steps down to plaudits from four presidents
Ivor Novello Awards 2015: Hozier wins with anti-Catholic song 'Take Me To Church' as John Whittingdale leads praise for Black Sabbath

Hozier's 'blasphemous' song takes Novello award

Singer joins Ed Sheeran and Clean Bandit in celebration of the best in British and Irish music
Tequila gold rush: The spirit has gone from a cheap shot to a multi-billion pound product

Join the tequila gold rush

The spirit has gone from a cheap shot to a multi-billion pound product
12 best statement wallpapers

12 best statement wallpapers

Make an impact and transform a room with a conversation-starting pattern
Paul Scholes column: Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?

Paul Scholes column

Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?