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Interpublic nears junk status as Poor's warns on debt

NEW YORK - As Interpublic prepares what could be a fire sale of assets, ratings agency Standard & Poor's has issued a warning on the US advertising giant's debt and is close to deciding whether to reduce its credit rating to junk status.

Jazz FM readies £2m station relaunch after takeover

LONDON - Jazz FM has handed its above-the-line advertising task to Kitcatt Nohr Alexander Shaw as the station prepares for a £2m relaunch, following last year's takeover of the station by the Guardian Media Group.

Masterfoods hands Grey £7.5m biscuit brand launch

LONDON - Grey Worldwide London has been appointed to handle the £7.5m launch advertising for Masterfoods' new biscuit brand Bisc&, which is being targeted at young mothers.

BTopenworld revives Dave the Engineer in new drive

LONDON - BTopenworld is bringing back Dave the Engineer in its new television advertising, fresh from the success of his appearance in the 'Broadband has landed' campaign.

NewsNow relaunches website with new look

LONDON - News aggregation service NewsNow.co.uk has unveiled a revamped website, which improves the look and feel of the popular news portal, as well as providing more information to users of NewsNow's subscriber newsfeed services.

FA picks IMG man for top Wembley marketing post

LONDON - The Football Association's attempts to restore the shine of the tarnished Wembley brand were given a boost this week with the appointment of a senior IMG executive as the new national stadium's marketing chief.

Yahoo! promotes marketing chief to run UK operation

LONDON - Yahoo! has promoted Fru Hazlitt, director of sales and marketing of its European division, to managing director of UK & Ireland as part of a shake-up of its European senior management.

Breathe undercuts AOL and BT with broadband service

LONDON - Breathe, the internet service provider, has launched a broadband price war that sees it undercut AOL and BT and offer free activation without needing a starter pack, as it scrabbles to attract new customers.

Coca-Cola trials BPM Energy with view to UK launch

LONDON - Coca-Cola is trialling a soft drink called BPM Energy in Ireland, which if successful could be rolled out to the UK and across the world.

Retailer withdraws 'Tonight Matthew...' charity T-shirt

LONDON - Peacocks, the discount retailer, has been forced to withdraw a T-shirt with the words 'Tonight Matthew, I'm going to be...' in the wake of the arrest of 'Stars in Their Eyes' TV presenter Matthew Kelly after child abuse allegations.

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