Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

The Business Matrix: Saturday 9 November 2013

 

Saturday 09 November 2013 01:00 GMT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Shares in Merlin prove to be magic

Merlin Entertainments brought a sparkle to the stock market as its shares surged more than 9 per cent, valuing the group at £3.5bn in its IPO. The company behind the London Eye and Legoland raised £957m on its debut, in which its chief executive sold a stake of £10m.

US bounces back from shutdown

The US economy shrugged off last month’s government shutdown and surprised analysts by creating 204,000 additional jobs in October, yesterday’s official figures showed. The non-farm payrolls figure was more than double the 100,000 expected and strong hiring figures lifted the value of the dollar.

S&P downgrades France’s credit

Standard & Poor’s ratings agency yesterday downgraded France’s sovereign credit again, from AA+ to AA, citing the tax and spending policies of President François Hollande. S&P, which stripped France of AAA status in 2011, said that it was worried about French growth prospects.

City unimpressed by Rentokil

Andy Ransom, the new chief executive of Rentokil Initial, has had to contend with City analysts rating his first trading update at the pest control company a “disappointment” on Thursday, after quarterly profits missed forecasts, rising by 6.1 per cent to £43.6m.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in