Ford picks BBDO as lead creative agency in blow to Britain's WPP

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Ford picks BBDO as lead creative agency in blow to Britain's WPP

Ford Motor Co has chosen Omnicom's BBDO as its lead creative advertising agency in a blow to its long-time partner WPP .

Nasdaq drops for third day on global growth worries

The tech-heavy Nasdaq fell on Monday for the third straight day as a sell-off in Chinese markets sparked concerns about slowing global economic growth, though the S&P 500 pared losses to end nearly flat.

Global shares slide on China growth fears, dollar gains

Global equity markets slid on Monday amid unease over the impact of the U.S.-Sino trade war on China's growth, while the dollar gained versus the euro as Italian bond yields spiked on a brewing spat over Italy's budget plans.

CBS to look for potential buyers after Moonves probe ends: Fox journalist

CBS Corp would look for potential buyers for the cable company after a probe on its former Chief Executive Officer Leslie Moonves ends, a Fox journalist tweeted on Monday.

Apple tells Congress it found no signs of hacking attack

Apple Inc's top security officer told Congress on Sunday that it had found no sign of suspicious transmissions or other evidence that it had been penetrated in a sophisticated attack on its supply chain.

Volkswagen furloughs workers in Brazil as demand from depressed Argentina weakens

Volkswagen's Brazil operation is putting workers on a 20-day furlough, the company said on Monday, citing reduced demand from Argentina, which is undergoing an economic crisis that has derailed growth and slashed spending power.

Facebook debuts smart speaker for Messenger video calls

Facebook Inc on Monday released a smart speaker designed to ease video calls, but the company's history of privacy mishaps and the device's price and limited functionality could slow it from taking on market leaders Amazon.com Inc and Alphabet Inc's Google.

Volkswagen set to hire four banks for truck unit IPO: sources

Volkswagen is close to hiring Citigroup , Deutsche Bank , Goldman Sachs and JP Morgan to help with the potential stock market listing of its truck unit Traton, two people familiar with the matter told Reuters on Monday.

Alphabet shuts Google+ social site after user data exposed

Google will shut down the consumer version of its social network Google+ after announcing data from up to 500,000 users may have been exposed to external developers by a bug that was present for more than two years in its systems.

Former Tesco executives encouraged profit overstatement, misled stock market, court told

Two former senior executives of Tesco abused their positions to encourage practices that resulted in a 250 million pounds ($327 million) overstatement of expected profits and misled the stock market, a prosecutor told a London court on Monday.

Swiss bank UBS on trial in France over alleged tax fraud

Swiss bank UBS Group AG , its French unit and six executives faced charges of aggravated tax fraud and money laundering on Monday, the first day of a trial into allegations they helped wealthy clients avoid taxes in France.

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