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  • FRANKFURT, Aug 7- Volkswagen's 5 billion euro cost-savings plan hit a major setback after labor leaders forced management to axe McKinsey, the consultants working out the cuts, three sources with knowledge of the matter told Reuters on Thursday.

  • ZURICH, Aug 7- Adecco, the world's largest staffing company by sales, expects a modest economic recovery to keep demand for temporary workers stable in Europe as it reported a slight slowdown in underlying revenue growth in the second quarter.

  • ZURICH, Aug 7- Adecco, the world's largest staffing company, said underlying revenues grew 5 percent in the second quarter as it continued to benefit from a fragile recovery in European economies.

  • BEIJING, Aug 1- U.S. public relations firm Edelman said on Friday it did not know the whereabouts of its China chief, who has been helping Chinese authorities with an unspecified investigation.

  • *Adecco, Randstad seen benefiting from subsidies, auto sector. LONDON, July 29- Despite high unemployment, weak economic growth and complex labour laws, France is offering an unlikely glimmer of hope to beaten-down staff recruitment firms such as Adecco and Randstad.

  • Carlyle nears $5 billion deal for Acosta -source Monday, 28 Jul 2014 | 12:37 PM ET

    NEW YORK, July 28- Carlyle Group LP is in advanced talks to acquire Acosta Sales and Marketing, in a deal that could value the consumer goods marketing agency at close to $5 billion including debt, a person familiar with the matter said on Monday.

  • SAN FRANCISCO, July 23- Facebook Inc's fast-growing mobile advertising business helped drive a 61 percent increase in revenue during the second quarter, beating Wall Street's financial targets and sending shares to a record-high in after-hours trading on Wednesday.

  • UPDATE 1-Facebook second-quarter revenue increases 61 pct Wednesday, 23 Jul 2014 | 4:24 PM ET

    SAN FRANCISCO, July 23- Facebook Inc increased its revenue 61 percent in the second quarter, beating Wall Street's target as the Internet company benefited from strong demand for its mobile advertising business. Overall revenue totaled $2.91 billion in the three months ended June 30, versus $1.81 billion in the year-ago period.

  • July 22- Omnicom Group Inc, the No.1 U.S. advertising company, said it was sticking with its annual organic revenue growth target, showing little effect from its aborted $35 billion merger with France's Publicis Groupe. Omnicom shares, which have gained 9 percent since the deal fell apart in May, rose as much as 1.4 percent on Tuesday.

  • Earnings/shr $1.20 vs est $1.17. July 22- Omnicom Group Inc, the largest U.S. advertising company, reported better-than-expected quarterly revenue and profit as ad spending rose, particularly in the United States.

  • July 22- Omnicom Group Inc, the largest U.S. advertising company, reported better-than-expected quarterly revenue and profit, led by increased spending on advertising by clients.

  • July 18- Advertising company Interpublic Group of Cos Inc reported better-than-expected quarterly revenue, boosted by strong growth in the UK and higher ad spending in its core U.S. market. Interpublic's clients include General Motors, Unilever and Johnson& Johnson.

  • July 18- Advertising company Interpublic Group of Cos Inc reported a 5.4 percent rise in quarterly revenue, boosted by a strengthening international market and higher ad spending in the United States.

  • July 18- Advertising company Interpublic Group of Cos Inc reported better-than-expected quarterly revenue, boosted by strong growth in the UK and higher ad spending in its core U.S. market. Interpublic's clients include General Motors, Unilever and Johnson& Johnson.

  • July 18- Advertising company Interpublic Group of Cos Inc reported better-than-expected quarterly revenue, boosted by a strengthening international market and higher ad spending in the United States. Interpublic's clients include General Motors, Unilever and Johnson& Johnson.

  • Interpublic revenue rises on higher ad spending Friday, 18 Jul 2014 | 7:18 AM ET

    July 18- Advertising company Interpublic Group of Cos Inc reported a 5.4 percent rise in quarterly revenue, boosted by a strengthening international market and higher ad spending in the United States.

  • CAIRO, July 16- Western consultants helping Egypt compile an economic reform plan say it needs at least $60 billion of investment to reach average GDP growth of 5 percent by 2018 and the same amount again to bolster its foreign reserves, senior officials said.

  • CAIRO, July 16- Western consultants helping Egypt compile an economic reform plan say it needs at least $60 billion of investment to reach average GDP growth of 5 percent by 2018 and the same amount again to bolster its foreign reserves, senior officials said.

  • Microsoft to overtake Yahoo in global digital ad share Tuesday, 15 Jul 2014 | 10:24 AM ET

    July 15- Microsoft Corp is expected to surpass Yahoo Inc for the first time in the $140.2 billion worldwide digital advertising market, according to estimates by research firm eMarketer released on Tuesday.

  • Shares in Canada's Corus slip on quarterly loss Thursday, 10 Jul 2014 | 12:13 PM ET

    TORONTO, July 10- Shares in Canadian media company Corus Entertainment Inc slumped on Thursday after it reported a quarterly loss amid a slumping advertising market. Corus said it had a net loss of C $30.3 million on revenue of C $214 million in the three months to May 31, due mostly to impairment charges and radio license fees.