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

Recruitment Genius: Bookkeeper / Office Co-ordinator

£9 per hour: Recruitment Genius: This role is based within a small family run ...

Recruitment Genius: Designer - Print & Digital

£28000 - £32000 per annum: Recruitment Genius: This Design and marketing agenc...

Recruitment Genius: Quantity Surveyor

£46000 per annum: Recruitment Genius: This property investment firm are lookin...

Recruitment Genius: Telesales / Telemarketing Executive - OTE £30k / £35k plus

£18000 - £35000 per annum: Recruitment Genius: This company specialises provid...

The Business Matrix: Tuesday 22 July 2014

Aurelius waltzes off with Scholl

A German private-equity firm has walked off with the footwear division of Reckitt Benckiser’s Scholl brand. Aurelius, which recently opened a London office, paid an undisclosed sum and plans to expand the Scholl business. The brand operates worldwide, except in the US where the German drug-maker Bayer owns the name.

Babcock flying high with £13.5bn

The engineering giant Babcock revealed its order book has risen to £13.5bn, helped by contract wins and its acquisition of helicopters firm Avincis. The group, which generates more than half of its revenue from the Ministry of Defence, said trading was in line with its expectations. It expects full-year pre-tax profit of £418m.

WH Ireland’s profits treble

The stockbroker WH Ireland’s pre-tax profits more than trebled to £203,000 in the first half. Sales jumped 12.6 per cent to £14.69m as the group streamlined its business to focus on just two divisions: corporate broking and private client wealth management. Corporate broking clients rose from 84 to 92.

Employees fear lower bonuses

Almost half of financial professionals are expecting to have their bonuses cut or to receive no bonus at all, as share and bond trading volumes fall. Some 27 per cent of people surveyed by Bloomberg say they are braced for a lower bonus than they received last year. Another 18 per cent said that they do not expect a bonus.

Benelux bad  news hits Shanks

The waste management group Shanks said tougher competition in the Benelux countries would hit profits. The firm said first-half results will be below expectations as margins were under pressure from the strong pound and problems in its solid waste business, particularly in the Netherlands.

Philips flicks switch on bulbs

The electronics group Philips is speeding up the transformation of its lighting unit as more customers switch to its energy-efficient LED products at the cost of traditional light bulbs. Philips is scaling back production of traditional bulbs or even closing factories altogether, it warned.

Aldi co-founder Albrecht dies

Karl Albrecht, the reclusive businessman who became one the world’s wealthiest people after co-founding the discount supermarket Aldi after the Second World War, has died, aged 94. He passed away in Essen on 16 July and was buried in a private ceremony yesterday.

Tiffany CEO to stand down

Michael Kowalski, the chief executive of Tiffany & Co, will step down in 2015 after more than 15 years running the luxury jeweller. He will pass the reins to president Frederic Cumenal. Mr Kowalski will leave on 1 April, but is staying on as a non-executive chairman.

New non-execs for Bank of England

The Bank of England has appointed three new non-executive directors to serve on its court – the Bank’s equivalent of a board. Dido Harding, Don Robert and Dorothy Thompson will join the governing body next month.

Autonomy CFO opposes deal

Sushovan Hussain, the former Autonomy finance chief, is opposing a deal between Hewlett-Packard executives and shareholders over HP’s acquisition of the UK software company. He called the settlement “collusive and unfair”.

Latest stories from i100
Career Services

Day In a Page

The Last Word: For the good of the game: why on earth don’t we leave Fifa?

Michael Calvin's Last Word

For the good of the game: why on earth don’t we leave Fifa?
HIV pill: Scientists hail discovery of 'game-changer' that cuts the risk of infection among gay men by 86%

Scientists hail daily pill that protects against HIV infection

Breakthrough in battle against global scourge – but will the NHS pay for it?
How we must adjust our lifestyles to nature: Welcome to the 'Anthropocene', the human epoch

Time to play God

Welcome to the 'Anthropocene', the human epoch where we may need to redefine nature itself
MacGyver returns, but with a difference: Handyman hero of classic 1980s TV series to be recast as a woman

MacGyver returns, but with a difference

Handyman hero of classic 1980s TV series to be recast as a woman
Tunnel renaissance: Why cities are hiding roads down in the ground

Tunnel renaissance

Why cities are hiding roads underground
'Backstreet Boys - Show 'Em What You're Made Of': An affectionate look at five middle-aged men

Boys to men

The Backstreet Boys might be middle-aged, married and have dodgy knees, but a heartfelt documentary reveals they’re not going gently into pop’s good night
Crufts 2015: Should foreign dogs be allowed to compete?

Crufts 2015

Should foreign dogs be allowed to compete?
10 best projectors

How to make your home cinema more cinematic: 10 best projectors

Want to recreate the big-screen experience in your sitting room? IndyBest sizes up gadgets to form your film-watching
Manchester City 1 Barcelona 2 player ratings: Luis Suarez? Lionel Messi? Joe Hart? Who was the star man?

Manchester City vs Barcelona player ratings

Luis Suarez? Lionel Messi? Joe Hart? Who was the star man at the Etihad?
Arsenal vs Monaco: Monaco - the making of Gunners' manager Arsene Wenger

Monaco: the making of Wenger

Jack Pitt-Brooke speaks to former players and learns the Frenchman’s man-management has always been one of his best skills
Cricket World Cup 2015: Chris Gayle - the West Indies' enigma lives up to his reputation

Chris Gayle: The West Indies' enigma

Some said the game's eternal rebel was washed up. As ever, he proved he writes the scripts by producing a blistering World Cup innings
In Ukraine a dark world of hybrid warfare and murky loyalties prevails

In Ukraine a dark world of hybrid warfare

This war in the shadows has been going on since the fall of Mr Yanukovych
'Birdman' and 'Bullets Over Broadway': Homage or plagiarism?

Homage or plagiarism?

'Birdman' shares much DNA with Woody Allen's 'Bullets Over Broadway'
Broadchurch ends as damp squib not even David Tennant can revive

A damp squib not even David Tennant can revive

Broadchurch, Series 2 finale, review
A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower: inside the mansion of Germany's 'Bishop of Bling'

Inside the mansion of Germany's 'Bishop of Bling'

A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower