Finance

Back in 2006 (two years before the recession struck in the UK and elsewhere) CBS outdoor signed an eight and a half year deal with London Underground to instal digital screens in flagship Tube stations like Oxford Circus. In return ...

Aegis CEO Jerry Buhlmann has echoed the confident noises from WPP’s Sir Martin Sorrell earlier in the week, saying he sees no sign (yet) of advertisers cutting back despite the turbulence in the global economy. Aegis half year revenues, including ...

Steve Jobs’ decision to step down as CEO of Apple aged 56 is hardly a surprise but it’s still a shock. Jobs, who founded the company before being kicked out and coming back to rescue it with the launch if ...

Chris Pilling, currently head of HSBC’s bank branch network in the UK, is joining the country’s second-biggest building society Yorkshire as CEO. The move is interesting on two counts: building societies have been pretty moribund since the 2008 credit crunch, ...

WPP CEO Sir Martin Sorrell has been telling the UK’s Sunday Telegraph that this is not the time to panic and the troubled world economy will not slip back into recession although it faces “three years’ hard slog.” In particular ...

What you really don’t want in a long-running and damaging dispute is to fall out with various firms of lawyers you’ve hired but News Corporation seems in danger of doing so as two new law firms, Farrer & Co (the ...

It might as well, former Microsoft executive Stephen Elop’s rescue plan for Nokia (still the world’s biggest mobile maker) depends entirely on Microsoft’s Windows 7 phone technology to power a new but belated generation of smartphones. Google’s $12.5bn agreed deal ...

Marcoms group Interpublic picked up about 0.4 per cent of Facebook five years ago as part of an ad deal and is selling half the stake to an undisclosed buyer for $133m, a nice profit on its original $5m investment. ...

If anyone doubted that the digital TV business in the UK (apart from Sky) was destined always to be a minnow, further evidence to the contrary has emerged with US company Scripps Networks Interactive, owner of Travel Channel and Food ...