Finance

Money troubles behind Home Depot’s switch from Initiative to Carat

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. ...

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Why are there no big deals in adland? There’s an ominous silence as Sorrell, Levy, Wren and co sit on their hands – and their wallets

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 ...

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Succession issues at Apple as Tim Cook steps in for Steve Jobs but it’s not the only company facing them

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. ...

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UK advertisers fret about spending cuts, higher taxes

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 ...

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Bunga bunga legal charges may call time on Italian premier Silvio Berlusconi and his media empire

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 ...

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