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

Recruitment Genius: Web Developer - Junior / Mid Weight

£15000 - £25000 per annum: Recruitment Genius: To support their continued grow...

Recruitment Genius: Marketing Data Specialist

£22000 - £25000 per annum: Recruitment Genius: They are the go-to company for ...

Recruitment Genius: Search Marketing Specialist - PPC / SEO

Negotiable: Recruitment Genius: This is an opportunity to join the UK's leadin...

Recruitment Genius: Sales Administrator

Negotiable: Recruitment Genius: This caravan dealership are currently recruiti...

The Business Matrix: Tuesday 20 November 2012

Catastrophe fears recede in markets

The risk of a catastrophic event such as a sudden pull out of the euro by Greece has fallen back sharply, according to the Bank of England's latest financial market survey. Just 20 per cent judge the risk of a "high impact event" as high or very high.

Struggling airline slashes costs

Scandinavian airline SAS has won union backing for big cost cuts in a deal intended to secure new financing and its long-term survival as it fights low-cost competitors. SAS, jointly owned by the governments of Denmark, Norway and Sweden, said eight unions had agreed wage cuts and changes to working schedules and pensions.

More woe for Comet as axe falls

More than 1,000 workers have now lost their jobs at electrical retailer Comet after administrators axed another 735 yesterday. The bulk of the latest cuts has affected staff in the chain's home delivery network, which has 12 centres across the UK, where 603 jobs have been lost. A further 132 staff have also gone at its head office.

Intel boss says it's time to shut down

Intel chief executive Paul Otellini will retire in May, as the world's leading chipmaker grapples with weak PC demand and an industry shift toward mobile computing. Intel said it would consider both internal and external candidates.Its processors are dominant in PCs but it has been slow to expand into the mobile industry.

Mallett whacked by US hurricane

Shares in the antique trader Mallett fell more than 10 per cent yesterday after it said Superstorm Sandy had hit trading at its New York showroom. The firm is "unlikely to be profitable this year". Mallett, based in Mayfair, recently won the right to sell two "exciting collections" of 18th-century furniture. Its shares closed down 7p at 75p.

Mitie cleans up as revenues rise

Mitie, the outsourcer which cleans the Royal Opera House, expects revenues to rise over the next six months thanks to a clutch of contract wins. The deals, including a five-year, £755m tie-up with Lloyds Banking Group, helped to push revenues up 5.6 per cent to £1bn in the six months to October.

Thumbs-up for Lonmin cash grab

Lonmin, the struggling South African platinum miner, has gained clearance to proceed with a crucial $817m (£513m) rights issue after 91 per cent of shareholders voted in favour . The London-listed group's flagship Marikana mine was rocked by strikes over the summer which resulted in dozens of deaths.

RBS Ireland fined €2m for violations

The Irish Central Bank has fined Royal Bank of Scotland's Irish unit €2m (£1.6m) for violations relating to the management of liquidity risk and capital adequacy. The central bank said Ulster Bank had failed to apply the correct haircuts to four categories of retail and corporate deposits.

Aga boss toasts Bond as sales rise

Aga Rangemaster's chief executive William McGrath has "an air of optimism for 2013" after a 4 per cent rise in sales volumes. Weak sales in the UK were offset by growth on the Continent. Agas featured in the new James Bond film, Skyfall, and The Great British Bake-Off.

Portugal passes bailout inspection

Portugal has passed the sixth quarterly review of its performance under its €78bn (£62bn) bailout, finance minister Vitor Gaspar said. The economy is in its worst slump since the 1970s but inspectors will release the next €2.5bn tranche of funds.

Latest stories from i100
Career Services

Day In a Page

Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

Is this the future of flying?

Battery-powered planes made of plastic, and without flight decks
Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

Isis are barbarians

but the Caliphate is an ancient Muslim ideal
The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

Curse of Brink's Mat strikes again

Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

'The ministers talk to us about miracles'

Why Greeks are cynical ahead of the bailout referendum
Call of the wild: How science is learning to decode the way animals communicate

Call of the wild

How science is learning to decode the way animals communicate
Greece debt crisis: What happened to democracy when it’s a case of 'Vote Yes or else'?

'The economic collapse has happened. What is at risk now is democracy...'

If it doesn’t work in Europe, how is it supposed to work in India or the Middle East, asks Robert Fisk
The science of swearing: What lies behind the use of four-letter words?

The science of swearing

What lies behind the use of four-letter words?
The Real Stories of Migrant Britain: Clive fled from Zimbabwe - now it won't have him back

The Real Stories of Migrant Britain

Clive fled from Zimbabwe - now it won’t have him back
Africa on the menu: Three foodie friends want to popularise dishes from the continent

Africa on the menu

Three foodie friends want to popularise dishes from the hot new continent
Donna Karan is stepping down after 30 years - so who will fill the DKNY creator's boots?

Who will fill Donna Karan's boots?

The designer is stepping down as Chief Designer of DKNY after 30 years. Alexander Fury looks back at the career of 'America's Chanel'
10 best statement lightbulbs

10 best statement lightbulbs

Dare to bare with some out-of-the-ordinary illumination
Wimbledon 2015: Heather Watson - 'I had Serena's poster on my wall – now I'm playing her'

Heather Watson: 'I had Serena's poster on my wall – now I'm playing her'

Briton pumped up for dream meeting with world No 1
Wimbledon 2015: Nick Bollettieri - It's time for big John Isner to produce the goods to go with his thumping serve

Nick Bollettieri's Wimbledon Files

It's time for big John Isner to produce the goods to go with his thumping serve
Dustin Brown: Who is the tennis player who knocked Rafael Nadal out of Wimbeldon 2015?

Dustin Brown

Who is the German player that knocked Nadal out of Wimbeldon 2015?
Ashes 2015: Damien Martyn - 'England are fired up again, just like in 2005...'

Damien Martyn: 'England are fired up again, just like in 2005...'

Australian veteran of that Ashes series, believes the hosts' may become unstoppable if they win the first Test