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  • July 31- Martin Sorrell's WPP and buyout firm Providence agreed on Friday to buy British marketing group Chime Communications for 374 million pounds in a bid to turn the smaller group into a global sports marketing agency. The offer from Providence and shareholder WPP includes an interim dividend of 2.53 pence per share. WPP, which owns about 20 percent of Chime,...

  • WPP and Providence agree Chime deal for 374 mln stg Friday, 31 Jul 2015 | 2:18 AM ET

    LONDON, July 31- Martin Sorrell's WPP and buyout firm Providence agreed on Friday to buy British marketing group Chime Communications for 374 million pounds in a bid to turn the smaller group into a global sports marketing agency.

  • Deutsche Bank posts 2Q profit Thursday, 30 Jul 2015 | 6:33 AM ET

    FRANKFURT, Germany _ Deutsche Bank AG on Thursday reported second-quarter earnings of $880.6 million. Deutsche Bank shares have risen 12 percent since the beginning of the year. Keywords: Deutsche Bank, Earnings Report.

  • Advertising group WPP to appoint executive in Cuba Thursday, 2 Jul 2015 | 6:39 AM ET

    LONDON, July 2- WPP, the world's biggest advertising group, is to appoint an executive in Cuba, saying on Thursday it would be the first major international communications services group to conduct business on the Communist-ruled island. The move comes a day after the United States and Cuba formally agreed to restore diplomatic relations on July 20, setting up a...

  • *WPP's Sorrell says trading tough this year. In separate interviews on Friday, Martin Sorrell of WPP and Maurice Levy of Publicis sounded cautious about the prospects for the advertising market, citing a lack of vibrancy in the U.S economy, weakness in Brazil, Russia and China, and Europe's continued fragility. For his part, Sorrell said that the major companies...

  • LONDON, June 25- Business chiefs from companies including BT, easyJet and a local cider maker called on Prime Minister David Cameron to keep Britain in the European Union as he prepared to ask EU leaders for a new deal. A Eurosceptic group published a report this week arguing that Britain could prosper outside the EU, which Britain joined in 1973..

  • At the industry's biggest annual conference in Cannes this week the main topic of conversation among the 13,000 delegates is the 18 companies- from consumer products giants Proctor& Gamble and Unilever to automakers like BMW and Volkswagen- that have decided to re-think which agencies they want for marketing advice. The reviews are an unnerving prospect for...

  • June 18- Internet search giant Google Inc and private equity fund Permira are in talks to make a joint bid for British retailer Tesco Plc's customer data business, a source familiar with the matter said. Tesco appointed Goldman Sachs to explore strategic options for Dunnhumby after announcing a plan to slash costs and sell assets in January.

  • LONDON, June 9- Martin Sorrell, the boss of the world's biggest advertising group WPP, saw off another shareholder revolt over his pay, when only 22 percent of investors refused to back his 43 million pound package at the company's annual meeting on Tuesday. Sorrell, who built up WPP from nothing in 1986 into one of Britain's best known companies with 179,000...

  • WPP sales growth slows a touch Tuesday, 9 Jun 2015 | 7:29 AM ET

    LONDON, June 9- Britain's WPP, the world's biggest advertising company, posted a slight slowdown in sales growth in the first four months of the year due to weaker trading from some parts of the business in April. As in the first quarter, WPP, which counts the likes of Ford, Unilever and Microsoft among its clients, saw like-for-like revenue growth in all regions and...

  • HONG KONG, June 4- Troubled British retailer Tesco has hired HSBC to explore a sale of its South Korean operations, valued at about $6 billion, people familiar with the matter told Reuters on Thursday. The supermarket group, whose credit rating was cut to "junk" status by Moody's and S&P in January, is battling to recover from an accounting scandal and reverse market...

  • NEW YORK, May 28- Visa Inc's public warning to FIFA that it may end its sponsorship if world soccer's governing body does not quickly clean up its act will likely prompt other sponsors to take a tough stance as a major corruption scandal involving FIFA unfolds, brand experts said. After U.S. prosecutors indicted nine FIFA officials and five sports media and...

  • Dunnhumby and its U.S. partner, The Kroger Co, said on Monday they had agreed to change their exclusive joint venture deal, enabling Dunnhumby to work with other retailers and consumer goods companies in North America. Kroger said that as part of the deal it would take on a license to use Dunnhumby's technology and retain 500 staff to continue to find customer...

  • LONDON, April 23- Britain's top equity index pushed higher on Thursday, boosted by a bump-up for utilities stocks just two weeks ahead of the UK's general election. United Utilities rose 1.8 percent, SSE advanced 1.1 percent and National Grid rose 0.6 percent after investment bank Citigroup said the sector would be favoured as a protection against any market...

  • British stocks flat after retail sales drop Thursday, 23 Apr 2015 | 8:06 AM ET

    *FTSE 100 barely changed after retail sales figures. *WPP falls after disappointing Q1 sales. Utilities stocks including United Utilities and SSE were up more than 1 percent after a broker update from Citi said election volatility would affect the sector going forward, adding that National Grid was the most immune in its view.

  • Clients still very cautious: Martin Sorrell Tuesday, 14 Apr 2015 | 3:00 AM ET
    Clients still very cautious: Martin Sorrell

    WPP CEO, Martin Sorell, says his clients are still incredibly cautious and unwilling to invest in the future.

  • Online ad revenue at risk in war on 'click fraud' Monday, 23 Mar 2015 | 7:00 AM ET

    NEW YORK/ BOSTON, March 23- A growing number of U.S. companies, including MillerCoors and AIG, are stepping up the battle against online ad fraud by demanding proof that their ads have been seen by real people instead of computers hijacked by cybercriminals. "We don't want to be paying for non-human traffic," said Mark Clowes, global head of advertising at American...

  • SEOUL/ SINGAPORE, March 17- Singapore Airlines Ltd is in talks to buy a stake in South Korea's largest low-cost carrier Jeju Air Co Ltd, a deal that would be the flag carrier's first foray into North Asia where rising demand from Chinese passengers is fuelling growth. Singapore Airlines and Jeju Air said on Tuesday they were in talks about a possible investment, but...

  • WPP CEO: Israel vote will be interesting Monday, 16 Mar 2015 | 12:30 PM ET
    WPP CEO: Israel vote will be interesting

    How does the general election in Israel affect companies like WPP? Sir Martin Sorrell, CEO, weighs in.

  • WPP's Sorrell to receive shares worth 36 mln pounds Monday, 16 Mar 2015 | 4:48 AM ET

    LONDON, March 16- WPP Chief Executive Martin Sorrell is set to receive shares worth 36 million pounds this year as part of a scheme dependent on the company's performance, the British firm said on Monday. WPP, the world's largest advertising firm, said Sorrell had received 2.3 million shares as part of a scheme dating back to 2010.. WPP said the payout followed a five...