Need to know: the top stories for Asia comms, media and marketing pros on Tuesday, 24.11.2015

H+K leadership revamp in India; Volkswagen looks at dropping football sponsorship; Confusion over Saatchi & Saatchi's Buysoft acquisition; Pfizer to buy Allergan; Chinese stocks still a bad investment; Wal-Mart and 'Cyber Sunday'?; Saudis stir OPEC rumours

German club 1860 Munich, which is sponsored by Volkswagen's Think Blue brand (Tobias Hase / DPA/Press Association Images)

Hill+Knowlton Strategies unveils new leadership in India

New COO, chief strategy officer and public policy lead will ensure agency's 'One India' platform that eliminates regional divisions

Volkswagen considers dropping sponsorship of four German football clubs, says report

Volkswagen is reportedly considering dropping its sponsorship of four prominent German football teams following cutbacks to its investment plan after the emissions crisis.

Saatchi & Saatchi denies buying Bysoft despite poaching, phone redirection

Confusion hangs over Saatchi & Saatchi's virtual acquihire of Bysoft China: despite headhunting its CEO and COO and harvesting more than half its staff, and calls to the e-commerce agency's office redirecting to the giant's phone system, Saatchi & Saatchi denies it has bought the company.

Pfizer to buy Allergan in world's largest ever health care deal

Pfizer announced Monday it will buy Allergan for $363.63 a share, or about $160 billion in the biggest deal ever in the health sector.

Don’t buy Chinese stocks with ‘worst enemy’s money’

After a stunning plummet earlier in the year, Chinese stocks are again on the rise, with the Shanghai composite up more than 18 percent this quarter. But one investor still says that he's staying away at all costs.

Wal-Mart is moving ‘Cyber Monday’ to Sunday – Here’s why

Wal-Mart is moving 'Cyber Monday' to Sunday because people now have fast Internet in their homes, the U.S. retailer said Monday.

Saudis stir speculation, but OPEC less relevant

Comments from Saudi Arabian officials stirred speculation OPEC could be considering abandoning its market-based pricing strategy, but the cartel is unlikely to change policy and it heads into next week's meeting less relevant than ever.

Brought to you by PRWeek Asia with editorial support from CNBC Asia Pacific

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