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 ...

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 ...

Bloomberg UK manufacturing growth unexpectedly slowed to the weakest in two years last month as export orders contracted amid a weakening of the global economy. IHS Markit’s Purchasing Managers’ Index fell to 52.8 in August, the firm said, down from 53.8 a month earlier, and below the 53.9 forecast by economists. A gauge of new orders for exports fell below ...