@BdAfrica

Ad giant WPP faces brief stock slump after CEO resigns - 12 months ago, 16 Apr 11:59

Afp

Shares in British advertising giant WPP briefly slumped on Monday after chief executive and founder Martin Sorrell resigned over the weekend. The stock dived more than 4 per cent in opening deals after Sorrell stepped down on Saturday, but swiftly regained composure to stand almost flat at 1,187.50 pence. The news nevertheless has sent shockwaves through the marketing industry, and comes 10 days after WPP launched an independent probe into allegations of his personal misconduct through the misuse of company assets. WPP also revealed Saturday however that the probe had concluded, adding in a company statement that "the allegation did not involve amounts that are material". Sorrell, 73, was easily the longest serving chief executive of a company on London's benchmark FTSE 100 index, having held the position since 1985. He denied any wrongdoing after the allegations surfaced in early April. "Obviously I am sad to leave WPP after 33 ...
Read More


Category: business economy news lifestyle corporate markets opinion

Item ID: a9a10cfd-bc84-4a71-83a6-af31c343b7ef

kadiNewsItemCategoryList
  1. newsPriority: 18.403
  2. calculatedNewsPriority: 225.203
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: business
  6. title:

  1. newsPriority: 18.403
  2. calculatedNewsPriority: 225.203
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title:

  1. newsPriority: 18.403
  2. calculatedNewsPriority: 225.203
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: news
  6. title:

  1. newsPriority: 19.267
  2. calculatedNewsPriority: 226.067
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title:

  1. newsPriority: 19.295
  2. calculatedNewsPriority: 226.095
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title:

  1. newsPriority: 18.643
  2. calculatedNewsPriority: 225.443
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title:

  1. newsPriority: 18.62
  2. calculatedNewsPriority: 225.42
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title:

compoundTime
  1. timeLastCalculatedUpdate: Apr 16, 2018 11:59:09 AM
  2. timeModifiedAsFromUser: Apr 16, 2018 8:43:00 AM
  3. timeCreatedAsFromServer: Apr 16, 2018 11:59:09 AM
  4. timeUpdatedAsFromUser: Jan 19, 2019 10:59:52 AM
  5. timeCreatedAsFromUser: Apr 16, 2018 8:37:05 AM
  6. timeUpdatedAsFromServer: Jan 19, 2019 10:59:52 AM
  7. timeModifiedAsFromServer: Apr 16, 2018 11:59:09 AM

Suggested

6 hours ago, 22:04
NBK stock recovers after profit alert

National Bank of Kenya (NBK) #ticker:NBK shares recorded modest losses during the first half of yesterday’s trading but recovered in the afternoon session to close flat at Sh4.83 at close of trade ...

Category: business lifestyle news opinion corporate markets economy

Item ID: 96c25fdb-3be6-47b8-9efa-a7098ada85bc

kadiNewsItemCategoryList
  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.113
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.05
  2. calculatedNewsPriority: 0.15
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.113
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.06
  2. calculatedNewsPriority: 0.16
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.022
  2. calculatedNewsPriority: 0.122
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.06
  2. calculatedNewsPriority: 0.16
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.06
  2. calculatedNewsPriority: 0.16
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

compoundTime
  1. timeLastCalculatedUpdate: Mar 26, 2019 10:04:27 PM
  2. timeModifiedAsFromUser: Mar 26, 2019 6:51:36 PM
  3. timeCreatedAsFromServer: Mar 26, 2019 10:04:27 PM
  4. timeUpdatedAsFromUser: Mar 26, 2019 11:54:40 PM
  5. timeCreatedAsFromUser: Mar 26, 2019 6:35:20 PM
  6. timeUpdatedAsFromServer: Mar 26, 2019 11:54:40 PM
  7. timeModifiedAsFromServer: Mar 26, 2019 10:04:02 PM
6 hours ago, 22:04
Experts split on key bank rate decision

Analysts are divided over the likelihood of central bank’s rate-setting Monetary Policy Committee (MPC) keeping the benchmark number at nine per cent at its meeting scheduled for Wednesday. During the ...

Category: business lifestyle news opinion corporate markets economy

Item ID: 34eeaea6-8aed-4041-a119-8793b70a8618

kadiNewsItemCategoryList
  1. newsPriority: 0.015
  2. calculatedNewsPriority: 0.115
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.063
  2. calculatedNewsPriority: 0.163
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

  1. newsPriority: 0.015
  2. calculatedNewsPriority: 0.115
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.073
  2. calculatedNewsPriority: 0.173
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.063
  2. calculatedNewsPriority: 0.163
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.033
  2. calculatedNewsPriority: 0.133
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.073
  2. calculatedNewsPriority: 0.173
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

compoundTime
  1. timeLastCalculatedUpdate: Mar 26, 2019 10:04:36 PM
  2. timeModifiedAsFromUser: Mar 26, 2019 6:52:58 PM
  3. timeCreatedAsFromServer: Mar 26, 2019 10:04:36 PM
  4. timeUpdatedAsFromUser: Mar 27, 2019 12:07:47 AM
  5. timeCreatedAsFromUser: Mar 26, 2019 5:48:12 PM
  6. timeUpdatedAsFromServer: Mar 27, 2019 12:07:47 AM
  7. timeModifiedAsFromServer: Mar 26, 2019 10:04:20 PM
10 hours ago, 17:51
Banking stocks rise against the tide at Uganda bourse

Stanbic Holdings Ltd and DFCU Ltd have posted significant trading turnover at the Uganda Securities Exchange in the first quarter of 2019 despite the January-March low season. Latest market data shows ...

Category: topnews news business

Item ID: ec16c843-0e35-4f88-b1dd-aa54595b9b8d

kadiNewsItemCategoryList
  1. newsPriority: 0.022
  2. calculatedNewsPriority: 0.139
  3. description: View the latest and breaking Top News
  4. parsedURL: http://www.theeastafrican.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.001
  2. calculatedNewsPriority: 0.118
  3. description: View the latest and breaking News
  4. parsedURL: http://www.theeastafrican.co.ke/business/2560-2560-gsk11bz/index.html
  5. name: news
  6. title: News

  1. newsPriority: 0.001
  2. calculatedNewsPriority: 0.118
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.theeastafrican.co.ke/business/2560-2560-gsk11bz/index.html
  5. name: business
  6. title: Business News

compoundTime
  1. timeLastCalculatedUpdate: Mar 26, 2019 5:51:03 PM
  2. timeModifiedAsFromUser: Mar 26, 2019 2:40:52 PM
  3. timeCreatedAsFromServer: Mar 26, 2019 5:51:03 PM
  4. timeUpdatedAsFromUser: Mar 26, 2019 6:46:04 PM
  5. timeCreatedAsFromUser: Mar 26, 2019 2:40:52 PM
  6. timeUpdatedAsFromServer: Mar 26, 2019 6:46:04 PM
  7. timeModifiedAsFromServer: Mar 26, 2019 5:51:03 PM
6 hours ago, 22:06
Lamu-Garsen commuters want ban on night travel lifted

Commuters and traders have called on the national government to lift the night travel ban on the Lamu-Garsen route, saying the move has paralysed their operations. Speaking in Lamu on Monday, locals ...

Category: business news

Item ID: 36dd6388-7092-4b32-b891-86f1aaaf6cee

kadiNewsItemCategoryList
  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.121
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.121
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Mar 26, 2019 10:06:10 PM
  2. timeModifiedAsFromUser: Mar 26, 2019 6:52:20 PM
  3. timeCreatedAsFromServer: Mar 26, 2019 10:06:10 PM
  4. timeUpdatedAsFromUser: Mar 26, 2019 10:16:45 PM
  5. timeCreatedAsFromUser: Mar 26, 2019 5:09:21 PM
  6. timeUpdatedAsFromServer: Mar 26, 2019 10:16:45 PM
  7. timeModifiedAsFromServer: Mar 26, 2019 10:06:04 PM
6 hours ago, 22:04
Afia maker ventures into energy drinks

Kevian Kenya, the producer of Afia and Pick N’ Peel juice brands, has now ventured into the production of energy drinks, upping competition in the local market dominated Australia-produced RedBull and ...

Category: business lifestyle news opinion corporate markets economy

Item ID: a0dc4d8d-c3eb-42dc-9a41-507e4499f92a

kadiNewsItemCategoryList
  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.121
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: business
  6. title: Business News

  1. newsPriority: 0.049
  2. calculatedNewsPriority: 0.149
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.121
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: news
  6. title: News

  1. newsPriority: 0.059
  2. calculatedNewsPriority: 0.159
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.121
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.059
  2. calculatedNewsPriority: 0.159
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.059
  2. calculatedNewsPriority: 0.159
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

compoundTime
  1. timeLastCalculatedUpdate: Mar 26, 2019 10:04:35 PM
  2. timeModifiedAsFromUser: Mar 26, 2019 6:51:36 PM
  3. timeCreatedAsFromServer: Mar 26, 2019 10:04:35 PM
  4. timeUpdatedAsFromUser: Mar 27, 2019 12:07:47 AM
  5. timeCreatedAsFromUser: Mar 26, 2019 6:35:44 PM
  6. timeUpdatedAsFromServer: Mar 27, 2019 12:07:47 AM
  7. timeModifiedAsFromServer: Mar 26, 2019 10:04:01 PM
6 hours ago, 22:04
Mwilu lawyers question DCI role in her probe

The graft trial of Deputy Chief Justice Philomena Mwilu started Tuesday, with her lawyers’ maintaining the Judicial Service Commission should have handled her case and not the Directorate of Criminal ...

Category: business lifestyle news opinion corporate markets economy

Item ID: 57736f59-31bf-4f01-a539-dce465a0c7dc

kadiNewsItemCategoryList
  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.121
  3. description: View the latest and breaking Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.041
  2. calculatedNewsPriority: 0.141
  3. description: View the latest Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.121
  3. description: View the latest and breaking News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.051
  2. calculatedNewsPriority: 0.151
  3. description: View the latest Opinions from policy makers
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.041
  2. calculatedNewsPriority: 0.141
  3. description: View the latest and breaking Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.051
  2. calculatedNewsPriority: 0.151
  3. description: View the latest and breaking Market News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.031
  2. calculatedNewsPriority: 0.131
  3. description: View the latest and breaking news on Economy & Money
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

compoundTime
  1. timeLastCalculatedUpdate: Mar 26, 2019 10:04:31 PM
  2. timeModifiedAsFromUser: Mar 26, 2019 6:52:03 PM
  3. timeCreatedAsFromServer: Mar 26, 2019 10:04:31 PM
  4. timeUpdatedAsFromUser: Mar 26, 2019 11:54:40 PM
  5. timeCreatedAsFromUser: Mar 26, 2019 6:15:05 PM
  6. timeUpdatedAsFromServer: Mar 26, 2019 11:54:40 PM
  7. timeModifiedAsFromServer: Mar 26, 2019 10:03:52 PM