WPP expands growth in China October 23, 2012 ■ Advertising giant WPP has continued its expansion into China with the purchase of communications agency ArtM. The Beijing firm, which has offices in three other major Chinese cities, will be absorbed by WPP subsidiary Grey. The acquisition is the latest Chinese buy from WPP, which counts the country as its third-largest market. ArtM’s price [...]
WPP expands growth in China October 23, 2012 ■ Advertising giant WPP has continued its expansion into China with the purchase of communications agency ArtM. The Beijing firm, which has offices in three other major Chinese cities, will be absorbed by WPP subsidiary Grey. The acquisition is the latest Chinese buy from WPP, which counts the country as its third-largest market. ArtM’s price [...]
What the other papers say this morning October 22, 2012 FINANCIAL TIMES BAE shareholders say chair must go A group of BAE Systems shareholders has demanded the resignation of chairman Dick Olver, saying sweeping changes are needed at the UK defence group following the collapse of its proposed merger with EADS two weeks ago. In a letter to the board, which has been seen by [...]
What the other papers say this morning October 22, 2012 FINANCIAL TIMES BAE shareholders say chair must go A group of BAE Systems shareholders has demanded the resignation of chairman Dick Olver, saying sweeping changes are needed at the UK defence group following the collapse of its proposed merger with EADS two weeks ago. In a letter to the board, which has been seen by [...]
UK set to celebrate the official end of the recession after Games boost October 21, 2012 THE UK is this week expected to officially exit recession, with news from the Office of National Statistics set to confirm the double dip is over. The ONS will publish its first estimate of third quarter GDP, with analysts predicting impressive growth, due in part to the Olympics. Howard Archer, of IHS Global Insight, said: [...]
Swap rights for company shares October 8, 2012 BUSINESS leaders last night raised doubts about the government’s plan to let employers opt out of large chunks of employment law in return for handing workers shares in their firm. Chancellor George Osborne yesterday told the Conservative party conference in Birmingham that the government is targeting an April 2013 launch date for the “employee-ownership” scheme, [...]
WPP buys German digital agency October 8, 2012 Advertising giant WPP has bought a majority stake in German digital agency k102 as it continues to expand its online footprint. “The investment will continue the company’s strategy of developing its services in fast-growing and important markets and sectors and strengthening its digital capabilities,” the firm said yesterday. k102, based in Dusseldorf, has worked alongside [...]
Best of the Brokers September 26, 2012 DRAX Credit Suisse has upgraded the power station operator from “underperform” to “neutral” and upped the company’s share price target to 475p, saying its recent price drop has improved the value of the UK’s worst-performing utility stock. “We think we are getting close to tight reserve margins, hence higher power prices in the UK, and [...]
Best of the Brokers September 26, 2012 DRAX Credit Suisse has upgraded the power station operator from “underperform” to “neutral” and upped the company’s share price target to 475p, saying its recent price drop has improved the value of the UK’s worst-performing utility stock. “We think we are getting close to tight reserve margins, hence higher power prices in the UK, and [...]
Mobile advert growth slow as phone use rises September 23, 2012 ADVERTISING agencies are reluctant to invest in mobile adverts despite the increasing numbers of people using smartphones and tablets, figures released today show. Data from media trade body the Association of Online Publishers (AOP) has found that despite 87 per cent of publishers receiving more than a fifth of their traffic via mobile, less than [...]