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

Recruitment Genius: Online Sales and Customer Services Executive

£15000 - £18000 per annum: Recruitment Genius: An On-line Sales & Customer Ser...

Recruitment Genius: Accounts Assistant - Fixed Term Contract - 6 Months

£15000 per annum: Recruitment Genius: One of the largest hospitality companies...

Recruitment Genius: Electricians - Fixed Wire Testing

£28000 - £32000 per annum: Recruitment Genius: As a result of significant cont...

Recruitment Genius: Customer Service Advisor

£16575 - £19000 per annum: Recruitment Genius: An excellent opportunity is ava...

The Business Matrix: Tuesday 17 June 2014

Drinkers take fizz out of Majestic

Majestic Wines failed to convince the City to start popping champagne corks as it revealed that profits remain flat and are unlikely to rise until 2016. Customers have been drinking less since the start of the year. Majestic managed to prop up the falling sales in its 206 stores with an increase in sales direct to pubs and bars.

UK leads world at online purchasing

British shoppers buy more goods online than those in any other country, with an average of 12 purchases a year, beating South Korea with eight transactions. However, a retail report by Kantar Worldpanel says that France will overtake the UK as Europe’s biggest online market by 2016 and worldwide sales will double.

UGL unloads DTZ in £663m deal

The property agent DTZ has been sold for A$1.2bn (£663m) by its Australian owner UGL to a consortium including the private equity investors TPG Capital and PAG Asia Capital and the Ontario Teachers’ Pension Plan. UGL put the business up for sale to concentrate on its engineering and construction businesses.

Alibaba profits soar ahead of float 

The Chinese e-commerce giant Alibaba’s annual profits nearly tripled, it said yesterday it prepares for what could be the largest-ever US flotation. It said net income climbed to CNY23.1bn (£2.2bn)for the year to the end of March, up from CNY8.4bn. Revenues for the  12 months jumped by 52 per cent to CNY52.5bn.

Vodafone buys Cobra for £116m

Vodafone has bought an Italian provider of electronics services for the car industry for €145m (£116m) as the British mobile giant looks beyond its core phones market. Cobra Automotive Technologies specialises in telecoms and location tracking for motor vehicles.

Extel sold to investor website

Extel, one of the oldest names in the City of London, has been sold by Thomson Reuters for an undisclosed amount to the Hong Kong-based investor website WeConvene. Extel dates back to 1872 and has become best-known for its annual analyst surveys which rank broker and independent research.

Latest stories from i100
Career Services

Day In a Page

How to stop an asteroid hitting Earth: Would people co-operate to face down a global peril?

How to stop an asteroid hitting Earth

Would people cooperate to face a global peril?
Just one day to find €1.6bn: Greece edges nearer euro exit

One day to find €1.6bn

Greece is edging inexorably towards an exit from the euro
New 'Iron Man' augmented reality technology could help surgeons and firefighters, say scientists

'Iron Man' augmented reality technology could become reality

Holographic projections would provide extra information on objects in a person's visual field in real time
Sugary drinks 'are killing 184,000 adults around the world every year'

Sugary drinks are killing 184,000 adults around the world every year

The drinks that should be eliminated from people's diets
Pride of Place: Historians map out untold LGBT histories of locations throughout UK

Historians map out untold LGBT histories

Public are being asked to help improve the map
Lionel, Patti, Burt and The Who rock Glasto

Lionel, Patti, Burt and The Who rock Glasto

This was the year of 24-carat Golden Oldies
Paris Fashion Week

Paris Fashion Week

Thom Browne's scarecrows offer a rare beacon in commercial offerings
A year of the caliphate:

Isis, a year of the caliphate

Who can defeat the so-called 'Islamic State' – and how?
Marks and Spencer: Can a new team of designers put the spark back into the high-street brand?

Marks and Spencer

Can a new team of designers put the spark back into the high-street brand?
'We haven't invaded France': Italy's Prime Minister 'reclaims' Europe's highest peak

'We haven't invaded France'

Italy's Prime Minister 'reclaims' Europe's highest peak
Isis in Kobani: Why we ignore the worst of the massacres

Why do we ignore the worst of the massacres?

The West’s determination not to offend its Sunni allies helps Isis and puts us all at risk, says Patrick Cockburn
7/7 bombings 10 years on: Four emergency workers who saved lives recall the shocking day that 52 people were killed

Remembering 7/7 ten years on

Four emergency workers recall their memories of that day – and reveal how it's affected them ever since
Humans: Are the scientists developing robots in danger of replicating the hit Channel 4 drama?

They’re here to help

We want robots to do our drudge work, and to look enough like us for comfort. But are the scientists developing artificial intelligence in danger of replicating the TV drama Humans?
Time to lay these myths about the Deep South to rest

Time to lay these myths about the Deep South to rest

'Heritage' is a loaded word in the Dixie, but the Charleston killings show how dangerous it is to cling to a deadly past, says Rupert Cornwell
What exactly does 'one' mean? Court of Appeal passes judgement on thorny mathematical issue

What exactly does 'one' mean?

Court of Appeal passes judgement on thorny mathematical issue