Finance

There’s no holding ambitious media agency group Aegis at the moment as it spends the proceeds of a £190m bond-raising exercise on acquisitions around the world. But a problem for the ambitious CEO Jerry Buhlmann remains its Synovate research arm ...

Starbucks is trying to end its agreement with Kraft distribute its whole bean and ground coffee products to US supermarkets and is blaming poor marketing on the part of Kraft for the decision. It claims that Kraft failed to work ...

Tesco commercial and trading director Richard Brasher, set to become the retailer’s new UK CEO when the company reorganises under new big boss Philip Clarke, let slip that Tesco Finest was now the UK’s biggest brand yesterday when he was ...

Swiss giant Nestle is still the biggest food company in the world but one of its main rivals Kraft just got much bigger with the successful absorption of £12bn Cadbury, in financial terms anyway, making it now the clear number ...

Well BNET’s Jim Edwards, the man who brought us the gory details of Grey London’s problems with its clients over un-returned discounts, thinks so anyway. Edwards argues that IPG is still hobbled by the debts it owes to its clients ...

WPP has bought lively Canadian creative agency Taxi to add to its Y&R Brands stable which also includes PR firms Burson-Marsteller and Cohn & Wolfe and what’s left of Enfatico, the agency it set up to handle the Dell account. ...

You can’t beat a conference in Barcelona to attract the top talent at this time of year and the Morgan Stanley TMT talk-fest on at the moment has attracted, inter alia, WPP’s Sir Martin Sorrell and News Corporation’s James Murdoch. ...

That’s not quite true, shareholders will be pleased that the price is up nearly 50 per cent year on year and that the company has reported an 11 per cent rise in revenues for the first nine months of 2010 ...

We don’t want to sound too gloomy of course, the irrepressible industry veteran (65) is hardly reaching for his pipe and carpet slippers. But Robin Wight, one of the founders of WCRS back in 1979 and a stalwart of the ...