Regulator rolls out new standards to protect children from gambling adverts February 13, 2019 The UK advertising regulator today unveiled a raft of new standards designed to protect children and young people from irresponsible gambling adverts. The Committees of Advertising Practice (CAP), which writes the rules for advertising in the UK, has rolled out a series of measures to ensure gambling brands do not target children in their campaigns. [...]
IAB urges ‘clickhead’ advertisers to review their strategy for measuring campaigns February 12, 2019 The Interactive Advertising Bureau (IAB) today called on brands to stop using click-through-rates to measure the effectiveness of online adverts. In a light-hearted letter to hundreds of advertisers, the IAB called out brands for becoming “clickheads” by relying too heavily on so-called vanity metrics. Read more: Legal complaint shows Google's use of 'intimate' data for [...]
BT appoints media veteran Allison Kirkby to board amid turnaround plan February 12, 2019 BT has appointed veteran telecoms and media executive Allison Kirkby to its board as it looks to transform its recent run of bad fortune. Kirkby, who is currently president and chief executive of Danish telecoms giant TDC Group, will join BT as a non-executive director from 15 March. Read more: Gavin Patterson reveals major regret [...]
TAG launches scheme to protect brands’ advertising amid crackdown on pirate sites February 12, 2019 The Trustworthy Accountability Group (TAG) today launched a new initiative to help protect brands from appearing on websites that post pirated material. As part of the scheme, known as ‘Project Brand Integrity’, the industry body will monitor adverts and alert brands if their campaigns are running on pirate sites. Read more: Government calls for probe [...]
Renault and Nissan executives to meet as Ghosn scandal shakes car manufacturer alliance February 12, 2019 Executives from car manufacturers Nissan and Renault will meet to discuss the future of their alliance amid the scandal surrounding former chairman Carlos Ghosn, the Japanese firm has said. Renault’s newly-appointed chairman, Jean-Dominique Senard, will meet Nissan chief executive Hiroto Saikawa in Yokohama this week in a bid to secure the ties between the two [...]
Michelin shares driven up as positive profit forecasts defy cost increases February 12, 2019 Shares in Michelin jumped by double digits this morning after the French firm promised to deliver increased profits in 2019. Michelin’s share price rose more than 10 per cent in early trading after the tyre maker posted better-than-expected full-year results and forecast further growth this year. Read more: Michelin chief a potential successor to Ghosn [...]
Nissan cuts profit forecast and books £65m charge on Carlos Ghosn compensation February 12, 2019 Nissan slashed its full-year profit forecast amid falling sales today as it also took a hit related to compensation for its former chairman, Carlos Ghosn, who is awaiting trial on financial misconduct charges. The Japanese car manufacturer revised its full-year profit forecast from ¥540bn down to ¥450bn (£3.2bn). Read more: No, Nissan’s move is not proof that [...]
Interserve boss Dougie Sutherland steps down amid shareholder revolt February 12, 2019 Interserve director Dougie Sutherland is stepping down from the firm's board with immediate effect amid a bitter dispute over a proposed rescue plan for the outsourcing giant. Sutherland, who was appointed to the board in 2011, was a key player in the firm’s ‘fit for growth’ transformation plan and led Interserve’s developments division. Read more: [...]
Thyssenkrupp profits tumble as steel division troubles and macro woes take their toll February 12, 2019 Thyssenkrupp today posted a sharp drop in first quarter profits as global economic woes and trade conflicts drove up costs. The German conglomerate said income before tax fell 33 per cent to €215m (£189m) in the three months to the end of December. Read more: Thyssenkrupp predicts higher profits after tough financial year Net sales [...]
CMA must investigate the online advertising market, government report states February 11, 2019 The online advertising market must face a probe by the competition watchdog amid concerns tech giants are putting the future of quality journalism at risk, a major government report has found. In its findings published today, the Cairncross Review called on the Competition and Markets Authority (CMA) to investigate the online advertising market to ensure [...]