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Lula meets successor in jail after court bans his presidential bid

Bloomberg Brazil’s imprisoned ex-leader Luiz Inacio Lula da Silva is meeting with his aides on Monday to map out his party’s next moves after the country’s top electoral court banned him from running for president in October. Former Sao Paulo Mayor Fernando Haddad, Lula’s running mate and likely successor in the race, is in the southern city of Curitiba, where ...

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WPP’s new CEO steps out of Sorrell’s shadow ‘for change’

Bloomberg Mark Read is stepping out from the shadow of WPP Plc founder Martin Sorrell as the advertising giant’s new chief executive, and he has a clear message: change is coming. “There are no sacred cows,” Read said in a phone interview, shortly after WPP confirmed his appointment on Monday. In an unusually lengthy statement, Read promised renewal and a ...

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Ford plans to upgrade its Mondeo family car

Bloomberg Ford Motor Co. said it’s standing by its Mondeo family car, adding it will move forward with plans for an upgrade of the 25-year-old model and denying a Sunday Times report that it plans to halt production. The Mondeo remains a “core part” of its product line-up in Europe, and there will be improvements introduced later this year, the ...

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