Maurice Levy, chief executive officer of Publicis. Photographer: Chris Ratcliffe/Bloomberg

Publicis, the owner of advertising agencies including Leo Burnett and Saatchi and Saatchi, said second-quarter sales rose 39 per cent, beating analyst(...)

Publicis chief executive Maurice Levy said the strong euro was also to blame for chipping away at the group’s growth. Photograph: Chris Ratcliffe/Bloomberg

French advertising group Publicis has warned it would be “very difficult” to meet its sales growth target this year after a second-quarter slowdown, c(...)

Maurice Levy (left), Publicis chief executive, and John Wren, head of Omnicom Group react after signing the merger documents in Paris

For years, the advertising business has been spurred by the Madison Avenue mythology of small independent shops coming up with the snappy catchphrase (...)

Publicis chief executive  Maurice Levy and Omnicom chief executive John Wren  shake hands yesterday after signing the companies’ merger,  on the rooftop of the Publicis headquarters in Paris. Photographer: Balint Porneczi/Bloomberg

The merger between Publicis and Omnicom, which will create the world’s largest advertising and marketing services group by revenues, is a bold bet tha(...)