China's clampdown on corruption and extravagance has benefited the world's largest advertising agency, WPP's CEO told CNBC.» Read More
A slideshow of the British women who took the risk in starting up a technology business and are now reaping the rewards.
At the Founders Forum of CEOs, entrepreneurs and investors on Thursday, the consensus was that disruptive start-ups were here to stay.
Burger King is scrapping its 40- year-old 'Have It Your Way' slogan in favor of the more personal 'Be Your Way.'
NEW YORK/ LONDON May 11- The collapse of the $35 billion merger of New York- based Omnicom with France's Publicis is likely to lead the world's biggest ad agencies to think small as they try to counter the challenge from internet giants like Google.
LONDON/ NEW YORK/ PARIS May 9- The $35 billion merger of U.S.-based Omnicom and France's Publicis collapsed on Friday after a battle for control destroyed plans to create the world's largest advertising agency. "I have not been able to convince John that balance is balance," Publicis Chief Executive Maurice Levy said of his Omnicom counterpart John Wren.
The $35 billion merger between Omnicom and Publicis has collapsed as challenges proved too immense for the partners.
Martin Sorrell, WPP Group CEO, discusses the fallout in the proposed merger between Omnicom and Publicis.
May 8- The proposed $35 billion merger between Omnicom Group Inc, the No. 1 U.S. advertising company, and French rival Publicis Groupe SA has been called off, according to a person familiar with the situation.
LONDON/ NEW YORK/ PARIS, May 1- Publicis and Omnicom have lost more than $1.5 billion of client work in recent weeks and face a fight to retain billions more, including a huge Samsung contract, just as the two advertising firms struggle to keep their merger on track.
European markets finished lower on Friday and ended the week flat, as the situation in Ukraine erased any optimism over earnings season.
Standard & Poor's cut its currency rating on Russia to BBB- as capital continues to flow out amid heightened tensions with the West.
Martin Sorrell, CEO of WPP, says Brazil and India have been strong markets, while Russia and China have slowed for the company.
Martin Sorrell, CEO of WPP, says the strength of sterling is the "biggest short-term issue" for the company, creating headwinds on earnings.
The shift in the “atmosphere around tax” globally is “significant” and has “hardened,” the chief executive of WPP has told CNBC.
Martin Sorrell, WPP CEO, discusses how Google, Buzzfeed and other companies are disrupting the advertising business.
Martin Sorrell, CEO at WPP, says the firm sees strong growth in China and discusses WPP's mergers and acquisition deals in the world's second largest economy.
Some of Thursday's midday movers:
The WPP CEO describes Facebook's acquisition of WhatsApp as "potty" but adds that Mark Zuckerberg knew "what he is doing"
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.