Omnicom Reports 5.2% Organic Growth in Q2; UK Amazon Prime Day Sales Hit Record 633m; Labour to Establish AI Regulation
Briefly

Omnicom reported 5.2% organic growth in Q2, led by experiential (17.6%) and advertising/media (7.8%). LATAM showed the strongest growth at 24.5%, while APAC declined (0.1%). UK Amazon Prime Day sales hit £633m, up 9% YoY, solidifying Amazon's dominance. Labour aims to regulate AI development in the UK.
Labour plans to introduce legislation to regulate AI in the UK, placing requirements on powerful AI models. This contrasts with earlier expectations for a more comprehensive AI bill to govern such models. The evolving regulatory landscape under Starmer's government will be closely monitored.
Read at Exchangewire
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