Finance

Aegis’ Synovate buys Russian research firm Comcon

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 ...

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Starbucks blames poor marketing for rift with Kraft

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 ...

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Tesco Finest is now UK’s biggest brand says new UK boss Richard Brasher

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 ...

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Nestle is on the prowl – but where will it spend its $28bn cash pile?

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 ...

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WPP buys Canadian agency Taxi to add to Y&R Brands

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. ...

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Revenues and profits up but still nobody loves ITV

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 ...

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