Finance

Heaven knows what Google is worried about but the sudden decision to boot CEO Eric Schmidt upstairs to executive chairman and replace him with founder Larry Page (pictured) does not suggest a company at ease with itself or its prospects. ...

Troubles over money that is as a new lower fees regime in the relationship between Interpublic’s Initiative Media and giant US retailer Home Depot seems to have led to the abrupt switch of its media account to currently all-conquering Carat. ...

The business/political world is still fretting about the banking system and sovereign debt in Europe (don’t worry, China will buy it all) but across the business spectrum miners, oil and telecoms companies are doing deals all over the place. Apple ...

And the worrying thing for the Googlers is that it’s doubling every year. Here’s tech site VatorNews’ report. Facebook, which already accounts for over half of social network ad revenues in the U.S., will continue to rapidly rival Google in ...

Nobody doubts that Apple chief operating officer Tim Cook is capable of running Apple in the absence of visionary founder Steve Jobs, he’s done it twice before as Jobs, 55, battled with first pancreatic cancer and then a liver transplant. ...

Robert Peston is the BBC’s business editor and the former banking editor of the Financial Times. As such he knows more about the travails of the world’s financial system (aka banks) than just about anyone else. This is his presentation ...

Former agency boss Steve Blamer is setting himself up as an agency search consultant, without whom no big agency review seems complete these days, and has told Ad Age that the business is rife with double dipping, search consultants taking ...

They seem to be anyway as the IPA’s latest survey into advertiser intentions shows that 22 per cent of those surveyed cut their budgets in the last quarter of 2010 against 17 per cent that increased them. The IPA represents ...

Some more details have emerged about Italian media magnate and prime minister (mustn’t forget that) Silvio Berlusconi and his antics in the so-called bunga bunga scandal. Milan prosecutors want to charge him with paying for sex with nightclub dancer Karima ...