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

Recruitment Genius: Project Implementation Executive

£18000 - £23000 per annum: Recruitment Genius: They work with major vehicle ma...

Recruitment Genius: Chiropractic Assistant

£16500 per annum: Recruitment Genius: A Chiropractic Assistant is needed in a ...

Recruitment Genius: Digital Account Executive - Midlands

£18000 - £26000 per annum: Recruitment Genius: They work with major vehicle ma...

Recruitment Genius: Web Developer

£28000 - £30000 per annum: Recruitment Genius: This company provides coaching ...

The Business Matrix: Wednesday 20 February 2013

Amplats mines shut after strikes

Anglo American Platinum (Amplats) has suspended production across its South African mines after workers stayed away in the wake of violent strikes at one of its mines. At least 13 workers were injured by rubber bullets and machetes at Amplats' Siphumelele shaft after clashes between rival unions on Monday.

PM in row over Japan bank boss

The appointment of a new Bank of Japan governor has been delayed by a disagreement between the Prime Minister Shinzo Abe and his Finance Minister, Taro Aso. The two are reported to be at odds over Japan's plans to jump-start its economy, and the right BoJ candidate to carry out the plans in Asia's second-biggest economy.

Eurotunnel casts ferries adrift

Eurotunnel could be forced to sell the ferry business it bought less than a year ago from the collapsed operator SeaFrance, after the competition watchdog ruled that its purchase would mean "prices would rise" for cross-Channel passengers and freight. SeaFrance collapsed in November 2011, and Eurotunnel bought three of its ferries.

Drax feels the chill with profits dip

The coal-fired power generator Drax has reported a 10 per cent dip in full-year profits to £298m as it plans to convert to biomass fuel and higher costs take their toll. Drax is converting to biomass as rising coal prices squeeze its profits and the Government offers subsidies to lift energy generated from renewable sources to hit EU targets.

Nearly 1,000 jobs to go at Danone

Danone, the company behind Activia yogurt and Evian water, has revealed plans to cut 900 jobs across Europe. The French food giant said it needed to cut costs to offset a "significant decline" in sales. The job losses are likely to be spread over a two-year period across 26 European countries.

Brighter outlook for Germany

Germany looks to be on track to shake off its decline at the end of last year, as analyst and investor confidence in Europe's economic engine room jumped to its highest level for nearly three years in February. The ZEW think-tank's sentiment indicator soared to 48.2 from 31.5 in January, ahead of forecasts.

IHG's Park Lane hotel on the block

The InterContinental Hotel in London's Park Lane has been put up for sale with a price tag of at least £200m. Jones Lang LaSalle has been hired agent for one of the biggest single hotel sales in London recently. InterContinental Hotel Group's profits rose by 10 per cent to $614m.

Novartis ditches 'golden gag' fee

Mounting shareholder anger over executive pay in Switzerland forced the drugmaker Novartis to scrap a £50m "golden gag" it was proposing to pay its departing chairman Daniel Vasella. He was to receive the payout to keep him from sharing his inside knowledge with rivals.

Europe's car sales heading downhill

Car sales in Europe skidded to a fresh low last month, falling 8.5 per cent below the number driven off forecourts in January 2012. That's according to the Association of European Automakers, which said registrations fell to 918,280 new cars.

Rank £205m deal for Gala approved

Britain's competition regulator today gave the green light for Rank to complete its takeover of Gala Casinos. The Competition Commission said the £205m deal could go ahead provided some changes are made to the small print.

Latest stories from i100
Career Services

Day In a Page

NHS struggling to monitor the safety and efficacy of its services outsourced to private providers

Who's monitoring the outsourced NHS services?

A report finds that private firms are not being properly assessed for their quality of care
Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

The Tory MP said he did not want to stand again unless his party's manifesto ruled out a third runway. But he's doing so. Watch this space
How do Greek voters feel about Syriza's backtracking on its anti-austerity pledge?

How do Greeks feel about Syriza?

Five voters from different backgrounds tell us what they expect from Syriza's charismatic leader Alexis Tsipras
From Iraq to Libya and Syria: The wars that come back to haunt us

The wars that come back to haunt us

David Cameron should not escape blame for his role in conflicts that are still raging, argues Patrick Cockburn
Sam Baker and Lauren Laverne: Too busy to surf? Head to The Pool

Too busy to surf? Head to The Pool

A new website is trying to declutter the internet to help busy women. Holly Williams meets the founders
Heston Blumenthal to cook up a spice odyssey for British astronaut manning the International Space Station

UK's Major Tum to blast off on a spice odyssey

Nothing but the best for British astronaut as chef Heston Blumenthal cooks up his rations
John Harrison's 'longitude' clock sets new record - 300 years on

‘Longitude’ clock sets new record - 300 years on

Greenwich horologists celebrate as it keeps to within a second of real time over a 100-day test
Fears in the US of being outgunned in the vital propaganda wars by Russia, China - and even Isis - have prompted a rethink on overseas broadcasters

Let the propaganda wars begin - again

'Accurate, objective, comprehensive': that was Voice of America's creed, but now its masters want it to promote US policy, reports Rupert Cornwell
Why Japan's incredible long-distance runners will never win the London Marathon

Japan's incredible long-distance runners

Every year, Japanese long-distance runners post some of the world's fastest times – yet, come next weekend, not a single elite competitor from the country will be at the London Marathon
Why does Tom Drury remain the greatest writer you've never heard of?

Tom Drury: The quiet American

His debut was considered one of the finest novels of the past 50 years, and he is every bit the equal of his contemporaries, Jonathan Franzen, Dave Eggers and David Foster Wallace
You should judge a person by how they peel a potato

You should judge a person by how they peel a potato

Dave Hax's domestic tips are reminiscent of George Orwell's tea routine. The world might need revolution, but we like to sweat the small stuff, says DJ Taylor
Beige is back: The drab car colours of the 1970s are proving popular again

Beige to the future

Flares and flounce are back on catwalks but a revival in ’70s car paintjobs was a stack-heeled step too far – until now
Bill Granger recipes: Our chef's dishes highlight the delicate essence of fresh cheeses

Bill Granger cooks with fresh cheeses

More delicate on the palate, milder, fresh cheeses can also be kinder to the waistline
Aston Villa vs Liverpool: 'This FA Cup run has been wonderful,' says veteran Shay Given

Shay Given: 'This FA Cup run has been wonderful'

The Villa keeper has been overlooked for a long time and has unhappy memories of the national stadium – but he is savouring his chance to play at Wembley
Timeless drama of Championship race in league of its own - Michael Calvin

Michael Calvin's Last Word

Timeless drama of Championship race in league of its own