Omnicom Health Acquires Archbow Consulting For Undisclosed Sum

Wednesday, 14 April 2021, 16:02:57
Omnicom Group Inc’s (NYSE: OMC ) healthcare marketing and communications unit Omnicom Health Group announced Archbow Consulting’s acquisition . The financial terms of the transaction were not disclosed. Archbow helped pharmaceutical and biotech companies design, … Full story available on Benzinga.com
— Benzinga

Petrol, diesel unchanged even as crude firms

Wednesday, 14 April 2021, 06:59:24
Fuel prices in the country remained unchanged on Wednesday with oil marketing companies continuing on the pause mode and keeping petrol and diesel prices static for over a fortnight now.Accordingly, pump price of petrol and diesel remained at previous days level of Rs 90.56 and Rs 80.87 a litre respectively in the capital.With crude remaining below $ 65 a barrel, any softening on global oil in the wake of a fresh wave of the pandemic and rising stocks in the US could actually mean lower petrol and diesel prices for consumers in India. But crude has firmed up in the last couple of days.Before the long drawn pause, petrol and diesel fell by 22 paise and 23 paise per litre respectively on March 30 in the wake global softening of oil prices. OMC have decided to pause price revision since then as they want to watch the crude price movement.Across the country as well the petrol and diesel prices remained static on Wednesday but its retail levels varied depending on the level of local levies on respective states.In Mumbai, petrol continued to be priced at Rs 96.98 a litre and diesel at Rs 87.96 a litre.
— Economic Times India

Advertising agencies imagine the office of the future

Wednesday, 14 April 2021, 00:14:14
Summary List Placement Hi and welcome to the Insider Advertising newsletter. I'm Lucia Moses, deputy editor, and this week in advertising and media news: Companies wrestle with burnout , reopening ; Crispin Porter Bogusky has a new CEO; And new stats on TikTok users. First, if you got this newsletter forwarded, make sure to sign up for your own here . Agencies consider the office of the future Going back to the office is on everyone's minds as vaccination rates rise. But while agencies and media companies reimagine workspaces with shared desks, expanded meeting space, and touchless services, a sizable portion of people are likely to keep working partially if not entirely at home. That poses a messy issue for companies that will have to accommodate hybrid workforces to make sure remote people don't get left out and teams keep working smoothly, to say nothing of addressing burnout, Lindsay Rittenhouse reported. From her story: [WPP CEO Mark] Read said 5% to 10% of employees have gone back to most of WPP's offices and expects more to return this summer, though there is no set date or mandate for reopening.
— Business Insider

Ad agency Crispin Porter Bogusky just hired a new CEO away from rival Omnicom as it tries to turn its fortunes around

Tuesday, 13 April 2021, 17:29:42
Summary List Placement MDC Partners-owned ad agency Crispin Porter Bogusky hired Marianne Malina as its new CEO just over a month after her predecessor Erik Sollenberg left the agency, according to a person with direct knowledge. Malina previously served as president of GSD&M, an Austin, Texas-based agency owned by MDC rival Omnicom. CPB and its creative leader Alex Bogusky gained fame in the early 2000s for helping Domino's Pizza turn its flailing business around and creating Burger King's surreal “Subservient Chicken” ad campaign, but current and former employees have said CPB's future is uncertain. CPB lost the Domino's account in late 2020 and lost biggest client Infiniti in March. CPB hired former Activision Blizzard executive Jorge Calleja as chief creative officer just after the Domino's loss in an attempt to reset its fortunes. The agency's other clients include American Airlines, Hotels.com, and Veterans United. CPB's parent company is also undergoing a significant restructuring.
— Business Insider

Petrol, diesel prices unchanged for 13th consecutive day

Monday, 12 April 2021, 08:38:23
Fuel prices in the country remained unchanged on Monday with oil marketing companies continuing the pause mode and keeping petrol and diesel prices static for the 13th consecutive day.Accordingly, pump price of petrol and diesel remained at previous days level of Rs 90.56 and Rs 80.87 a litre respectively in the national capital.Petrol and diesel fell by 22 paise and 23 paise per litre respectively on March 30 in wake global softening of oil prices. OMC have decided to pause price revision since the as they want to watch the crude price movement that has now fallen to around $62.5 a barrel from remaining above this level in much of the previous weeks.Across the country as well, the petrol and diesel price remained static on Monday but its retail levels varied depending on the level of local levies on respective states.In Mumbai petrol continues to be priced at Rs 96.98 a litre and diesel at Rs 87.96 a litre. Premium petrol, however, continues to remain over Rs 100 a litre in the city as is the case with several cities across the country.The OMCs went on price cut for the first time this year on two consecutive days – March 24 and 25 after keeping oil prices steady for past 24 days.
— Economic Times India