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Vodafone has kicked off one of the biggest advertising pitches of the year after the mobile giant announced it is putting its global ad-buying and planning account up for tender.

James Moore: As WPP shows, it's so easy to pacify the City

Outlook There was more evidence of the City's disconnect with the wider populace yesterday when institutional investors approved WPP's remuneration report for a year in which it paid chief executive Sir Martin Sorrell £17.6m.

Miners humbled by pay revolts

London's much-criticised natural resources sector came under fire again as nearly 80 per cent of voting investors threw out the remuneration report of the oil explorer Afren and tabled high votes against the re-election of several directors.

Anthony Hilton: Sorrell-bashers should lay off. He deserves his pay and who can do it better?

He may be an employee but the group is his creation

WPP facing a new investor revolt over boss Sir Martin Sorrell’s pay

Nearly as many as one in four shareholders expected to reject £17.6m pay deal

Diageo’s outgoing chief executive, Paul Walsh, with some of the company’s products

Paul Walsh calls time on Diageo: Outgoing boss will leave the global drinks giant in high spirits

Ivan Menezes celebrated his success landing the job as boss of the world's biggest drinks company, Diageo, with a glass of Johnnie Walker Blue Label whisky on the flight from London to New York. The promotion of the chief operating officer and company insider didn't scare the horses in the City as the shares barely twitched. But as he sipped the £130 liquor on the plane Mr Menezes might well have pondered the shoes he will have to fill when Paul Walsh, the FTSE 100's third longest-serving boss, departs.

James Moore: Little for us to toast as Sorrell's glass overflows

Outlook Is your glass half full or half empty? In the marketing, PR and advertising industries, it's not just half full. It's wow look at this marvellous, mega, super-duper drinky thing I've still got loads of. Half full? Half full? It's doubleplus half full, that's what it is. And don't get me started on how cool that dinky little cocktail brolly is!

WPP's Sir Martin Sorrell pockets £17m despite pay cut

The advertising giant WPP is hoping it can head off another investor revolt over its chief executive Sir Martin Sorrell's pay by cutting his base salary and potential bonus, even as it was revealed that his package soared by nearly half to £17.6m last year.

The Business Matrix: Saturday 27 April 2013

2.5% growth short of expectations

The Business Matrix: Monday 22 April 2013

Coal use hindering reduction of CO2

Investment View: Why to have and to hold is best bet for WPP's shares

WPP knows a thing or two about advertising and the group was at it yesterday, seeking to catch the eyes of investors. The company was trumpeting the news that its digital arm had participated in a third round of financing for Leading Smart Holdings, which has a controlling stake in the parent company of Maiozhen Systems. The latter is (we are told) a leading digital advertising measurement company. With expertise in managing big data in China. Phew.

Anthony Hilton: The skilled executives who justify their soaring salaries with a lack of unique talent

Few businessmen are as special as Pavarotti, so they don’t get any public recognition

WPP and Channel 4 bury the hatchet

Channel 4 has ended a dispute with its biggest advertiser, WPP, that was costing the state-owned broadcaster up to £5m a week.

Made up: Channel 4 and WPP end advertising stand-off

Channel 4 has ended a dispute with its biggest advertiser, WPP, that was costing the state-owned broadcaster up to £5m a week.

Former Brazilian footballer Ronaldo joins advertising firm WPP

The World Cup winner is to take a job placement at the group

Business week in review

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How the Establishment closed ranks over fallout from Nessie 'sighting'

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Huge surge in number of families dependent on emergency food aid
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Apple's ethnic emojis are being used to make racist comments on social media

Ethnic emojis used in racist comments

They were intended to promote harmony, but have achieved the opposite
Sir Kenneth Branagh interview: 'My bones are in the theatre'

Sir Kenneth Branagh: 'My bones are in the theatre'

The actor-turned-director’s new company will stage five plays from October – including works by Shakespeare and John Osborne
The sloth is now the face (and furry body) of three big advertising campaigns

The sloth is the face of three ad campaigns

Priya Elan discovers why slow and sleepy wins the race for brands in need of a new image
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How to run a restaurant

As two newbies discovered, there's more to it than good food
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Record Store Day: The vinyl countdown

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Usher, Mary J Blige and Will.i.am to give free concert as part of the Global Poverty Project

Mary J Blige and Will.i.am to give free concert

The concert in Washington is part of the Global Citizen project, which aims to encourage young people to donate to charity
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Paul Scholes column: I hear Manchester City are closing on Pep Guardiola for next summer – but I'd also love to see Jürgen Klopp managing in England

Paul Scholes column

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