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Gold Council to spend £40m on ad campaign

LONDON - The World Gold Council is spending 40m on an advertising campaign to lift the profile of the metal after its popularity demised when platinum and silver became glamorised as part of the trend for "heroin chic".

Yahoo! buys Launch Media music site

LONDON (Brand Republic) - Shares in Yahoo! rose 5% after the company announced it is buying online music site Launch Media in a deal worth about 12m ( 8.5m).

Carlton attacks government over ONdigital support

LONDON - ITV company Carlton Communications has attacked the government for not supporting its joint venture digital terrestrial service ONdigital, just days after condemning its partner Granada for criticising the government's handling of cross-media ownership rules.

BSkyB to switch off analogue signal

LONDON - BSkyB is to begin switching off some of its analogue channels this week in an effort to encourage consumers to switch to digital.

Appeal court saves Microsoft from break-up

NEW YORK - A US appeal court has overturned the decision to break up software giant Microsoft and has sent the case to another court for review.

J2C closes operations

LONDON - Business-to-business web trading company J2C, formerly called Just2Clicks, is to close all but one of its operations and return almost all of its remaining 36.1m cash reserve to shareholders after failing to find a buyer.

Channel 5 shuts down online sales arm

LONDON - C5i, Channel 5's online advertising sales operation, has been closed by parent RTL Group as a result of the advertising slowdown and the failure of internet revenues to live up to expectations.

Wally Olins leaves brand consultancy he founded

LONDON - Wally Olins, the last remaining founder of branding consultancy Wolff Olins, is leaving the company at the end of the summer.

Max Clifford loses court battle

LONDON - Mandy Allwood, who became famous when she miscarried octuplets in 1996, has won her High Court action against publicist Max Clifford.

Interpublic and Omnicom battle for $60m IBM global PR business

NEW YORK - The Interpublic Group of Companies and Omnicom Group are gearing up to fight for IBM's 60m ( 42.6m) global PR business as the technology giant prepares to slash its roster from 50 agencies to two or three.

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