Martin Sorrell, WPP CEO, discusses how Google, Buzzfeed and other companies are disrupting the advertising business.» Read More
LONDON, April 9- Vice Media, the New York- based group whose edgy reportage has proved a hit with young people, plans to sell more content to mainstream TV groups after signing such a deal with "American Idol" producer Fremantle Media, it said on Wednesday.
BRUSSELS, March 25- EU competition regulators have raided several car parts makers involved in producing vehicle exhaust systems, including French firm Faurecia, Germany's Eberspaecher Group and TenneCo of the United States, as part of a wider probe into suspected price fixing in the auto industry.
BRUSSELS, March 25- European Union antitrust regulators raided French car parts makers Faurecia and several other auto exhaust systems makers on Tuesday, the latest crackdown against suspected price-fixing in the auto industry. Faurecia, which is 52- percent owned by French carmaker Peugeot Citroen, confirmed the EU raids.
PARIS, March 18- PSA Peugeot Citroen is set to name senior French civil servant Louis Gallois as its next chairman, sources said on Tuesday as the carmaker's board met to discuss the details of its 3 billion-euro tie-up with China's Dongfeng.
LONDON, March 17- Global private equity firm Warburg Pincus has employed the chairman of LCH Clearnet Group as a senior adviser to locate new investments in the European financial services sector, the company said on Monday.
*Royal Bank of Scotland falls after posting losses. LONDON, Feb 27- European equities pared most of their early losses late on Thursday, with better-than-expected U.S. durable goods data and comments from Federal Reserve Chair Janet Yellen prompting some investors to return to the market.
*Royal Bank of Scotland falls after posting losses. LONDON, Feb 27- European equities fell further to a one-week low in late trading on Thursday, with downbeat company news combined with political tension in Ukraine prompting investors to trim their positions in riskier assets.
BARCELONA, Feb 27- Fierce competition in the global advertising industry forced Britain's WPP to lower its profit guidance for 2014 on Thursday, wiping more than a billion pounds off its share price and overshadowing its improving trading throughout 2013..
BARCELONA, Feb 27- Fierce competition within the advertising industry forced Britain's WPP to lower its margin guidance for 2014, wiping over a billion pounds off its share price and taking the shine off an acceleration in trading through 2013.. WPP's forecast of organic revenue growth of over 3 percent for 2014 was also seen as below expectations.
The up to $19 billion spent on Whatsapp by Facebook looks "a bit potty" says Sir Martin Sorrell, WPP CEO, saying the group continues to invest a lot more in Google than in Facebook.
Sir Martin Sorrell, WPP CEO, hails the group's good results and says emerging countries remain its most profitable markets but that currency issues should remain an issue through 2014.
PARIS, Feb 13- Advertising agency Publicis fell short of its annual growth target after a slowdown in emerging markets such as China and India caused the fourth quarter to end with a whimper.
LONDON, Jan 26- Vice Media, the producer of video reportage targeting the so-called Generation Y of twentysomethings who do not watch much conventional television, is tying up with Greek television broadcaster Antenna Group.
DAVOS, Switzerland, Jan 23- Multinational companies are becoming more picky about emerging market investments as slowing growth in upstart economies and a recovery in the West takes the shine off a previous sure-fire strategic bet.
Speaking to CNBC live at the World Economic Forum., Martin Sorrell, CEO of WPP, explains why he's positive on Eastern Europe.
Martin Sorrell, CEO of WPP told CNBC at the 2014 World Economic Forum that he has grown increasingly bullish on Russia.
BRUSSELS, Jan 9- EU antitrust regulators said on Thursday they had cleared the $35 billion merger of U.S. advertising agency Omnicom and French peer Publicis without conditions. The deal creates the world's biggest advertising agency to compete better with the likes of Google and Facebook in online ad sales.
Advertising industry growth in 2014 will be boosted by an improved global economy and the soccer World Cup, the chief executive of Publicis told CNBC.
LONDON, Dec 9- Growth in global advertising spending will accelerate to 5.8 percent a year by 2015, driven by demand for marketing via mobile devices and a broad-based economic recovery, a market research group forecast on Monday.
*Tencent breaks into China top three in WPP survey. BEIJING, Dec 3- Internet services company Tencent Holdings Ltd has grown so rapidly it's now China's most valuable listed technology brand, with a value even closing in on that of Wal-Mart Stores Inc, a report published on Tuesday shows.