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...In the final quarter, revenues from the US — its largest market by far — fell 4.5 per cent owing to lower spending by technology, healthcare and retail clients, although business was stronger in the UK and...
...Reach, the UK’s largest commercial news publisher with titles including the Daily Mirror and Daily Express, said pre-tax profits almost halved last year owing to a slump in advertising and a sharp drop in...
...In the final quarter of last year, revenues from the US — WPP’s largest market by far — fell 4.5 per cent on a like-for-like basis owing to lower spending by technology, healthcare and retail clients, although...
...In the UK, Reach, the country’s largest commercial news publisher, is cutting about a tenth of its workforce — or about 450 jobs — owing to a combination of a slump in advertising revenues and a drop in...
...The other hope for the industry is that even if the unit costs will decline owing to the use of technology, the volume of sales will increase....
...Analysts predict that Frazer will probably refer the deal to the CMA for a more in-depth probe, owing to concerns over press freedom from the takeover of a national newspaper by an investment group backed...
...fully hit an end-of-year UK government deadline for removing telecoms equipment supplied by Huawei after delays in migrating its 2G and 3G services, as providers race to strip the kit from their networks owing...
...Alex Mahon told a committee of MPs that the broadcaster was facing “market shock territory” owing to the steep decline in spending by brands on traditional television advertising....
...and employees of NatWest feel unsafe....
...This slowdown was, however, being partly offset by the resurgence in income from physical copies of music, which has increased by $1bn since 2020 owing to accelerating demand for compact discs in Asia and...
...Brown-Forman plunged 10.3 per cent after the distiller’s results missed revenue expectations owing to weak demand for its flagship Jack Daniel’s whiskey....
...Daniel Hynes, senior commodity strategist at ANZ Bank, said the fact that the attacks were well telegraphed had eased oil market concerns....
...Sky boss Dana Strong highlighted the growth potential of the media and entertainment sector owing to international demand for British content, forecasting that it could boost the UK’s GDP by £10bn by 2033...
...will dictate the level of interest from strategically minded groups such as UK rival DMGT, German publisher Axel Springer, consortiums led by Sir Paul Marshall and Sir William Lewis, Czech billionaire Daniel...
...Early in The Money Kings, Daniel Schulman writes that he questioned whether his new book risked adding to the tide of antisemitism that had appeared during the Trump era....
...S4’s net debt is expected to rise this year — albeit in line with a targeted range of £180-220mn — owing to cash payments related to these acquisitions....
...All this plays on national nostalgia while owing at least something to a less celebrated institution, the carvery....
...Hundreds of aircraft worldwide will be grounded over the next few years owing to problems with Pratt & Whitney engines, in a $3bn hit to parent RTX and another setback for airlines already struggling to...
...Sir Will Lewis, former editor of The Telegraph, is pulling together a consortium, with hedge fund billionaire Paul Marshall and Daniel Křetínský, the Czech billionaire and owner of West Ham United, also...
...But in a letter to José Brito, a government-allied lawmaker, the controller general said that the ban had been extended for 15 years owing to corruption allegations against Machado....
...As Daniel W Drezner, a US sanctions expert, wrote in a recent article in Foreign Affairs magazine: “Two decades of war, recession, polarisation, and now pandemic have dented American power....
...“What’s interesting,” says senior specialist Dr Philip W Errington, “is that only proof copies were sent out for review, and because the first run was a flop the book was never published.”...
...Sky’s parent Comcast has already written down the value of the business by $8.1bn from $18.1bn in part owing to “reduced estimated future cash flows as a result of macroeconomic conditions in Sky’s territories...
...[W]e find little systematic evidence for the two most famous market seasonals, and particularly for the alleged ‘sell in May’ pattern of broad-based USD strength....
...The British media had chosen not to identify Edwards owing to UK privacy laws that have created new legal risks for publishers and broadcasters....
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