Lewis Hamilton has signed a three-year deal to join Mercedes from next season. Senior G4S executives resign over Olympics security failure. But board decides chief executive Nick Buckles should keep his job in 'best interest of company and all its stakeholders'. France announces austerity budget as Spain awaits bank stress test results. Samsung has signed a deal with ITV's The X Factor that will see its mobile and tablet devices become the first paid-for placements on the show. Michael Sugden elevated to CEO in VCCP revamp. Lloyd Evans replaces Teeman as PPA Marketing chairman. Vodafone Group has appointed former Mini marketer Barbara Haase as its group brand director, replacing Clare Sheikh who is leaving the company. EUROPEAN FINANCIAL STABILITY FACILITY The organization that provides temporary financial assistance to euro area member states, said it has appointed Wolfgang Proissl as head of communication effective Oct. 1. Proissl previously worked for the Financial Times Deutschland where he was chief correspondent in Frankfurt reporting on monetary policy, international…
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Spain to reveal more savage cuts. Jeremy Darroch, chief executive of BSkyB, was paid £7.3m in the year to the end of June, two-and-a-half times what he received the year before, after picking up £4.3m of shares as part of long-term incentive plans. Katherine Paterson, marketing director at B&Q, has resigned, citing "personal reasons" for her departure. Clare Sheikh, global brand director at Vodafone, is believed to be exiting the telecoms giant and in the process of seeking legal counsel about alleged "uncomfortable" issues with senior management at the company. DEUTSCHE BANK Investing in Asia The Russian unit of Deutsche Bank, Germany's largest lender, has appointed Pavel Teplukhin as its new chief country officer effective Oct. 1, it said on Wednesday. YAHOO INC Yahoo appointed Ken Goldman as its new chief financial officer on Tuesday. Goldman, formerly chief financial officer at cybersecurity software firm Fortinet, has held similar positions at Siebel Systems before its sale to Oracle Corp. FRONTIER INVESTMENT MANAGEMENT LLP The investment firm…
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Andy Coulson and Rebekah Brooks to face court. MEC taking staff email allegations "seriously". Daily Mail publisher culls 500 jobs but revenues nudge up. Rustler's 'fit as butcher's daughter' ad banned. Getmemedia.com appoints Simon Orpin as joint MD. BANK OF AMERICA MERRILL LYNCH Bank of America Merrill Lynch said on Monday it landed former Morgan Stanley Smith Barney director Michael Maghini to head its insurance and annuities division, as the bank looks to build out its retirement solutions offerings to clients. UBS Swiss bank UBS AG has hired Shaun Treacy from Nomura as co-head of its all industries group in Asia, according to an internal memo obtained by Reuters on Tuesday. JP MORGAN PRIVATE BANK The private banking unit of JPMorgan Chase & Co appointed Doug Regan as head of the midwest region. He will be based in Chicago. Regan joins from Northern Trust, where he was most recently global director of sales and marketing. The bank also named Chris Deveny as chairman of the…
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IT is hard to disagree with Standard & Poor’s that the Eurozone is likely to see zero growth until 2014. The situation is worsening again, especially in Spain, where the budget crisis is intensifying amid separationist tensions, and in Greece, which could soon be demoted to being an emerging market again by the FTSE. None of this good news for the UK, which remains in a poor way itself. It is possible that the third quarter saw a rebound in UK growth, following the 0.5 per cent drop in the second quarter – that is what the government is hinting at, anyway – but nobody really knows. Some activity returned in September, especially in the City, but it is wrong to deduce from that the overall economy is recovering. GDP remains smaller than it was at its peak; other economies, such as the US, have long since more than recovered all the lost ground. The biggest drag on UK demand remains falling real wages. This…
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One in five Brits have seen Kate topless. 4,000 jobs at risk as JJB calls in administrators. Apple has been crowned Britain's coolest brand in 2012, ahead of video sharing service YouTube, last year's leader Aston Martin, and this year's fastest climber, Twitter, according to the annual CoolBrands survey. The Euro RSCG brand was scrapped today after 20 years to be replaced by the name Havas Worldwide. The Mission Marketing Group has acquired Addiction Worldwide for an undisclosed sum. Firefox-owner Mozilla has recruited former LG UK marketing director John Bernard to lead the global marketing for its forthcoming mobile operating system. Holland & Barrett operator NBTY Europe has appointed Lysa Hardy to the newly created role of chief marketing officer. DISCOVER FINANCIAL SERVICES The direct banking and payment services company said Eduardo Tobon has been named president of Diners Club International. Tobon will be responsible for the entire Diners Club business, including marketing, product management, operations, client relations and overall business development. Tobon served as…
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Mitchell reiterates apology as 'plebs' row deepens. Mass brawl at iPhone factory. John Terry says goodbye to England. Sars like virus detected. MARSH & MCLENNAN COS INC The insurance broker said late on Thursday its Chief Executive Brian Duperreault will retire at the end of the year and Chief Operating Officer Daniel Glaser will take over as the CEO. WILLIAM BLAIR & CO LLC The investment management firm hired Ryan DeVore, a former Morgan Stanley Smith Barney veteran, as director of its private client adviser group. DELOITTE & TOUCHE LLP The financial consulting firm appointed Walter Young, formerly director of corporate finance at Zions Bancorporation , as director of governance, regulatory and risk strategies practice.
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Manieren, daar gaan we weer. Het is vanzelfsprekend dat collega’s beleefd tegen elkaar moeten zijn. Minder dan 10 jaar geleden, werd het meeste werk nog face-to-face gedaan; in vergaderingen met collega’s of cliënten. Dit betekende dat het onderhouden van een echte (zakelijke) relatie aan de kern lag van zaken doen en dat mensen eigenlijk gedwongen waren om beleefd te zijn in de omgang. Vandaag de dag, is de meeste communicatie noch face-to-face, noch real-time. De wereldwijde aard van business zorgt ervoor dat mensen extensief reizen. Dit samengenomen met de nieuwe beweging van thuiswerkers, kan er voor zorgen dat het vroeger nog sociale en drukke kantoor verandert in een spookstad. Persoonlijk contact en sociale activiteiten zijn steeds minder aanwezig. Een recente studie van de Michigan University laat zien dat studenten tegenwoordig minder empathisch zijn dan vorige generaties, waarschijnlijk door de toegenomen afhankelijkheid van elektronische communicatie. Nog een studie toont aan dat Amerikanen tot een derde minder vrienden en vertrouwden hebben in vergelijking met met twee decennia…
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Waitrose Twitter campaign hijacked by 'upper class' jibes. "I shop at Waitrose because the smoked unicorn at M&S uses artificial colouring". Starbucks to start selling domestic coffee machines. MEC has won the media planning and buying account for the holiday company Butlins, after a review of the £5 million business. Maurice Levy's Publicis Groupe buys LBi for £333m. Rapp has appointed Jason Andrews to the new role of executive creative director. CVC CAPITAL PARTNERS Adrian MacKenzie, head of the Australian unit of the private equity firm has resigned. MacKenzie, a former investment banker who moved from London to head the Australia unit in 1999, leaves ahead of scheduled meetings with investors in Hong Kong next week, said sources who declined to be identified. FINANCIAL ACCOUNTING FOUNDATION The foundation that oversees the making of U.S. accounting rules said on Wednesday that it named Billy Atkinson, a former audit partner at PricewaterhouseCoopers, as chairman of a new standards council for private companies.
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Clegg apologises over fees pledge. British soldier gives birth in Camp Bastion. O2 has appointed sports marketer Gareth Griffiths to head up its sports sponsorship division, replacing Nic Fletcher who has joined the Rugby Football Union (RFU) as head of marketing. Facebook UK on the hunt for its first MD. GNM to part company with commercial chief Adam Freeman in shake up. Michaelides and Bednash leave Mindshare Invention. John King, chief executive of Trader Media Group (TMG), the company that publishes the car magazine Auto Trader, has stepped down. Mindshare Worldwide has appointed Simon Calvert to the new role of digital strategy leader. Highbridge Capital Management The hedge fund said its chief risk officer Subramanyam Venkataraman will step down. Venkataraman will remain at the firm until the end of the year and will be replaced by Jeff Holman. GOLDMAN SACHS GROUP INC The global investment banking firm named senior trading executive Harvey Schwartz to replace David Viniar as chief financial officer in the latest move…
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Drug giants give up on Alzheimer's cure. Budget brand Ibis revamps to take on Travelodge and Premier Inn. Guardian News & Media's (GNM's) top commercial executive Adam Freeman is leaving the publisher after 10 years, as part of a shake-up that installs chief marketing officer David Pemsel as chief commercial officer. Clear Channel has appointed Guardian News and Media (GNM) global commercial director Chris Pelekanou to the newly created role of commercial director. IPC has appointed internal candidate Tara Hamilton-Whitaker to the position of digital director of IPC Connect, responsible for driving the digital strategy for the publisher's mass-market women's titles. The National Readership Survey (NRS) has recruited former Bauer Radio London commercial and operations director Alison Finch as director of client and insight. BT has signed up BBC Formula 1 and football sports presenter Jake Humphrey to anchor its Premier League coverage, marking a coup for BT as it seeks to become a serious player in the pay-TV sports market. Ricardo Clemente takes chief…
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