Finance

Rothschilds take a bet on the weather with 70 per cent of Weather Central

Sir Evelyn Rothschild and his wife Lynn Forester de Rothschild, the senior members of the merchant banking clan, are taking a big bet on our enduring fascination with the weather (and climate change possibly) by buying 70 per cent of ...

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Starbucks wins first round in distribution battle with Kraft

Everybody’s (least) favourite company Kraft has lost the first (and likely crucial) round in its fight to stop Starbucks ending its ten year distribution deal Kraft had tried to claim in a US court that its agreement to distribute Starbucks ...

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Dentsu strengthens India presence with $50m buyout of partner Sandeep Goyal

Japanese advertising giant Dentsu has made a timely move to strengthen its position in the rapidly-growing Indian advertising market with the purchase of entrepreneur Sandeep Goyal’s 26 per cent stake in the four agencies the two partners founders founded for ...

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Mystery over Newcastle agency Robson Brown’s £8.7m missing assets

Eagle-eyed analyst Bob Willott of Marketing Services Financial Intelligence has spotted that a huge chunk of money seems to have gone missing from Newcastle agency Robson Brown, recently acquired out of administration by Mission Marketing Group. Here’s part of his ...

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WPP to launch Tenth Avenue global outdoor giant

WPP is to start a new outdoor holding company called Tenth Avenue which will include, inter alia, its Kinetic operation according to a report in Campaign. Kinetic previously came under the GroupM banner, the holding company for its big media ...

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