Germany has overtaken the UK as Europe's top-paid corporate executives, partly reflecting public and investor pressure on remuneration in UK companies. The Financial Times reports.» Read More
The world's largest advertising and marketing company, WPP Group today reported a 47 percent drop in profits, but while the outlook is bleak, its digital business is still robust.
It's been a year in the making, and now finally Yahoo and Microsoft are teaming up to take on Google's dominance in search. Alone neither Yahoo nor Microsoft had a chance against Google, but the tech and web giants 10 year search ad deal gives them a real opportunity to compete.
Investors should take a holiday from now on as the best part of the rally is over and now there are more chances that markets would go down, Marc Faber, author of the Gloom, Boom and Doom Report, told CNBC Friday.
Here at the Allen & Co. Conference in Sun Valley I sat down with WPP CEO Sir Martin Sorrell for a live on-camera interview, and we continued our conversation off camera. There's no question the ad market is suffering, this year down just over six percent globally, according to his numbers, and even more in the US. And based on Sorrell's month-to-month analysis there's no sign of a bottom just yet, though it looks like the market could turn around in the beginning of 2010.
CEOs and other executives at the World Economic Forum in Davos, Switzerland, shared their insight on the financial crisis, the markets and the economy with CNBC.
We caught up with the head of WPP on his way to dinner. Check out his hat.
U.K.-based WPP group, the world's second largest advertising and marketing company. reported its earnings Friday. WPP revealed that so far, it hasn't been hit by the global economic slowdown.
CEOs from McDonalds, Adidas and WPP Group looking to boost sales from the long-awaited Beijing Olympic games, talked about their various strategies to expand brand image, their views on the economy, and more on CNBC.
Close to two-thirds of viewers of the Olympics will get their information on-line, according to new research by WPP.
The 60 million-member Chinese Communist Party, host of the biggest and most expensive Olympics ever, really wants to welcome you to Beijing. But there are a few rules it wants you to know about.
Germany's GfK Holdings is considering a cash offer for Britain's Taylor Nelson Sofres after Martin Sorrell's advertising group WPP muscled in on their original merger plan.
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WPP Group, the world's second-largest advertising company, said on Tuesday like-for-like revenues rose by 4.5 percent in the first five months of the year.
Spending on online advertising leapt 40 percent in Europe last year to 11 billion euros ($17 billion), the Interactive Advertising Bureau (IAB) Europe said on Monday, as the Internet attracts ad budgets away from print.
Executives from across Europe's technology, media and telecoms sector fear Internet search and advertising giant Google may steal their business, they told a Reuters summit this week.
So, I admit I watched a lot of television last night and saw a commercial for a relatively new osteoporosis-breast cancer prevention combo drug from Eli Lilly called Evista. Actually, I saw it three times.
Chief executives from Europe discussed earnings, opportunities and challenges their companies face in 2008 with CNBC Europe Friday.
Some big companies report tomorrow that will give more clarity on the health of advertising and technology spending, and the health of the European jobs market
The major European indexes closed in the red Friday as fresh record highs in the price of oil and a soaring euro versus the dollar gave rise to economic concerns. Banking stocks were among the worst performers, with the Dow Jones STOXX banking index down 1 percent.
WPP, the world's second-largest advertising and marketing services firm, posted third-quarter underlying revenue growth of almost 5 percent on Friday, near the lower end of forecasts and knocking its shares.