LONDON - Irish cider brand Magners has decided to cut ties with Guinness Premiership champions London Wasps after four years.

LONDON - US newspaper publisher Gannett plans to write down the value of its newspapers by up to $5.2bn (£3.6bn) and has revealed that profits dropped 36% in the fourth quarter

LONDON - Buck, the men’s magazine, is to switch frequency from a monthly to a bi-annual publication after lower than expected sales.

LONDON - Former BBC Worldwide finance chief David King has been appointed chief executive of Time Out Group, assuming the day-to-day running of the business for founder and chairman Tony Elliott.

LONDON - Mediaedge:cia has retained the global £35m media account for Singapore Airlines, including its £4m business in the UK, after a final two-way pitch against Omnicom’s OMD.

LONDON - Shelter, the housing and homelessness charity, has appointed global marketing and public sector strategist Kay Boycott as its director of communications, policy and campaigns.

LONDON - Peugeot is rolling out a new creative concept to improve the desirability of its brand. The integrated campaign, entitled ‘DriveSexy’, will focus on the French manufacturer’s new 207 and 308 Verve Special Edition models.

LONDON - Newsquest owner Gannett is to take a $5.2bn hit as it looks to write down the value of its assets, including its UK operation.

LONDON - Guy Keeling has left Dunnhumby to take up the managing director role at Maximiles UK, the European online marketing and loyalty services company behind the ipoints.co.uk coalition loyalty scheme.

LONDON - Thomas Cook has launched a six-figure digital campaign running across Microsoft’s consumer network including MSN Today and Hotmail in an attempt to bolster interest in the flagging market for holidays.