The Business Matrix: Thursday 30 May 2013

A £52m refit for BBC's Bush House

Investment Insider: UK firms to prosper from Japan's revival

Abenomics is aiming to turn around the country's fortunes

Investment Insider: Best bets to sail through economic doldrums

In a few weeks time we will know if the UK has entered a dreaded triple-dip recession. So wouldn't it be good if you could assemble a portfolio of shares that could weather an economic downturn?

Asthma inhalers made at GSK’s plant in Ware

GSK to publish clinical trial data for drugs

Pharmaceutical giant shocks medical world by opting to reveal findings of all tests on patients

Market Report: Astra tipped as bidder for US eye-care firm

Is AstraZeneca's chief executive, Pascal Soriot, ready for an eyesight test? Analysts at Kepler think Mr Soriot could be one of a number of pharmaceutical company bosses eyeing up Bausch & Lomb, the US eye-care company. Private equity firm Warburg Pincus has hired Goldman Sachs to sell the contact lenses and eye-surgery equipment specialist.

GSK's boost in Nigeria and India

Britain's biggest drugs maker, GlaxoSmithKline (GSK), yesterday raised its stake in its Nigerian and Indian consumer healthcare units as part of boss Sir Andrew Witty's attempt to shift it away from "white pills in Western markets".

Investment view: Despite all the crowing, it pays to be cautious

GlaxoSmithKline Our view: Keep buying

Mining: The darker side of the London market

The Bumi drama highlights how many in the City want to shine more light on foreign firms gaining from a London listing

Simon English: Divine time for Church to offload News Corp

Outlook The Church of England has taken a bold ethical stance. It has decided to sell its holding in that disgraceful outfit News Corp because of phone hacking and its lack of a proper corporate governance structure (it has only just noticed that the company is Murdoch heavy, and tends to favour family members for top jobs). The fund is run by various men of God, including David Harding of Winton Capital (personal fortune: about £800m). By lucky chance, or divine providence, the shares of News Corp rose about 50 per cent in the year between when the Church decided it was awfully bothered about News Corp's ethics and the decision to sell.

Jeremy Laurance: Regulators must ensure innovation is rewarded

The drugs industry has a long and inglorious history when it comes to the promotion of its products. Exaggerated claims of benefit, under-reported adverse effects and selective publication of results have featured regularly over the years.

GSK boss urges rivals to set up in the UK

Sir Andrew Witty says pharma clusters will fend off overseas competition

Investment Insider: Pharmaceutical industry's best years lie ahead

I have heard many experts say that the best days of the pharmaceutical sector are behind it.

AstraZeneca forced to swallow more dire sales

AstraZeneca, the struggling drug maker which is without a permanent boss after its chief executive quit under shareholder pressure, yesterday had another ailment to deal with as second-quarter sales fell by a fifth.

More trouble for leaderless AstraZeneca as sales dive

Pre-tax profit was down by 36 per cent at £3.8bn in the first half of 2012
Career Services

Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Backhanders, bribery and abuses of power have soared in China as economy surges

Bribery and abuses of power soar in China

The bribery is fuelled by the surge in China's economy but the rules of corruption are subtle and unspoken, finds Evan Osnos, as he learns the dark arts from a master
Commonwealth Games 2014: Highland terriers stole the show at the opening ceremony

Highland terriers steal the show at opening ceremony

Gillian Orr explores why a dog loved by film stars and presidents is finally having its day
German art world rocked as artists use renowned fat sculpture to distil schnapps

Brewing the fat from artwork angers widow of sculptor

Part of Joseph Beuys' 1982 sculpture 'Fettecke' used to distil schnapps
BBC's The Secret History of Our Streets reveals a fascinating window into Britain's past

BBC takes viewers back down memory lane

The Secret History of Our Streets, which returns with three films looking at Scottish streets, is the inverse of Benefits Street - delivering warmth instead of cynicism
Joe, film review: Nicolas Cage delivers an astonishing performance in low budget drama

Nicolas Cage shines in low-budget drama Joe

Cage plays an ex-con in David Gordon Green's independent drama, which has been adapted from a novel by Larry Brown
How to make your own gourmet ice lollies, granitas, slushy cocktails and frozen yoghurt

Make your own ice lollies and frozen yoghurt

Think outside the cool box for this summer's tempting frozen treats
Ford Fiesta is UK's most popular car of all-time, with sales topping 4.1 million since 1976

Fiesta is UK's most popular car of all-time

Sales have topped 4.1 million since 1976. To celebrate this milestone, four Independent writers recall their Fiestas with pride
10 best reed diffusers

Heaven scent: 10 best reed diffusers

Keep your rooms smelling summery and fresh with one of these subtle but distinctive home fragrances that’ll last you months
Commonwealth Games 2014: Female boxers set to compete for first time

Female boxers set to compete at Commonwealth Games for first time

There’s no favourites and with no headguards anything could happen
Five things we’ve learned so far about Manchester United under Louis van Gaal

Five things we’ve learned so far about United under Van Gaal

It’s impossible to avoid the impression that the Dutch manager is playing to the gallery a little
Screwing your way to the top? Good for Lana Del Rey for helping kill that myth

Screwing your way to the top?

Good for Lana Del Rey for helping kill that myth, says Grace Dent
Will the young Britons fighting in Syria be allowed to return home and resume their lives?

Will Britons fighting in Syria be able to resume their lives?

Tony Blair's Terrorism Act 2006 has made it an offence to take part in military action abroad with a "political, ideological, religious or racial motive"
Beyoncé poses as Rosie the Riveter, the wartime poster girl who became a feminist pin-up

Beyoncé poses as Rosie the Riveter

The wartime poster girl became the ultimate American symbol of female empowerment
The quest to find the perfect pair of earphones: Are custom, 3D printed earbuds the solution?

The quest to find the perfect pair of earphones

Earphones don't fit properly, offer mediocre audio quality and can even be painful. So the quest to design the perfect pair is music to Seth Stevenson's ears
US Army's shooting star: Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform

Meet the US Army's shooting star

Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform