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Industrials Commercial and Professional Services

  • WASHINGTON, March 9- A California waste management company on Thursday asked a U.S. appeals court to overturn a contentious labor board decision on "joint employment" that could make it easier to hold companies accountable for the labor practices of the staffing agencies, contractors and franchisees with which they partner. Judge Patricia Millett of the U.S....

  • March 8- Elliott Management reported in a regulatory filing that Spirit AeroSystems Holdings has said its former chief executive officer, Larry Lawson, has breached his retirement contract by consulting for the hedge fund during its proxy fight with Arconic Inc.. Elliott, in its filing with the Securities and Exchange Commission made late on Tuesday, did not...

  • NEW YORK, March 8- U.S. private employers added 298,000 jobs in February, well above economists' expectations, a report by a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 190,000 jobs, with estimates ranging from 150,000 to 247,000. Private payroll gains in the month...

  • Need a part-time CFO?

    Sara Daw, group CEO of The CFO Centre Group, talks about how her platform provides small and medium enterprises with access to part-time CFOs.

  • BENGALURU, March 6- Tech Mahindra Ltd, India's fourth biggest software services exporter, will buy U.S.-based healthcare IT consulting firm CJS Solutions Group for an enterprise value of $110 million. India's $150 billion information technology industry uses H-1B visas to fly engineers and developers to the United States to provide services to clients.

  • March 3- Activist hedge fund Elliott Management Corp said on Friday it had entered into a standstill agreement with U.S. healthcare services company Advisory Board Co. Elliott Associates, a unit of Elliott Management, disclosed an 8.3 percent stake in Advisory Board in January, calling the stock "undervalued." The stake makes Elliott the company's largest...

  • This start-up wants to disrupt the consulting business

    Bridget Loudon, CEO of Expert360, talks about how her online platform uses technology to match clients with freelance consultants.

  • March 2- Banks across the world have paid about $321 billion in fines since the 2007-2008 financial crisis as regulators stepped up scrutiny, according to a note by the Boston Consulting Group. North American banks accounted for nearly 63 percent of the total fines, or about $204 billion, during 2009-2016, the consultancy firm said. While U.S. regulators have...

  • ZURICH, March 2- Swiss staffing group Adecco has seen a major slowdown in permanent hiring by British firms as financial groups wait to see what will happen once the country triggers it exit from the European Union, Chief Executive Alain Dehaze said on Thursday. Revenue from placing workers in permanent jobs in Britain fell 15 percent in the last three months of...

  • The sources said companies being considered for the shortcut could include Alibaba Group's Ant Financial affiliate, the world's most valuable financial technology company; Zhong An Online Property and Casualty Insurance, and security software maker Qihoo 360 Technology Co.. China has been losing out to the New York Stock Exchange and Nasdaq on key...

  • STATE OIL FIRM PETROBANGLA TO HIRE CONSULTANCY WOODMAC TO ASSESS CHEVRON ASSETS BEFORE A FORMAL BID- SOURCES.

  • Stock funds based in the United States attracted nearly $11.5 billion during the week ended Feb. 15, including $8.9 billion into funds invested domestically, the data showed. "Trump's anti-trade rhetoric with China and Japan have lessened over the last week," said Tom Roseen, head of research services for Thomson Reuters Lipper. Trump, who last month accused China...

  • *Hejun Vanguard Group filed two complaints with MOFCOM. HONG KONG, Feb 16- A Chinese consultancy that has previously helped to win antitrust battles against Coca-Cola and Apple has taken aim at McDonald's Corp, arguing in a complaint to regulators that the American fast food giant's China sale may hurt workers and consumers. Beijing- based Hejun Vanguard Group, a...

  • CHINESE CONSULTANCY FILE TWO COMPLAINTS WITH CHINESE GOVERNMENT OVER MCDONALD'S PLANNED SALE OP ITS CHINA BUSINESS.

  • NEW YORK, Feb 14- As century-old Wall Street brokerages have agonized over the fate of a major U.S. regulation on retirement advice, younger Silicon Valley counterparts have coolly shrugged their shoulders. At issue is when and how the federal government will implement the so-called "fiduciary rule" handed down by the U.S. Labor Department last year.

  • NEW YORK, Feb 14- As century-old Wall Street brokerages have agonized over the fate of a major U.S. regulation on retirement advice, younger Silicon Valley counterparts have coolly shrugged their shoulders. At issue is when and how the federal government will implement the so-called "fiduciary rule" handed down by the U.S. Labor Department last year.

  • LONDON, Feb 12- A small global sugar surplus is forecast for the 2017/ 18 season but stocks will remain almost unchanged at "historically low levels," Tropical Research Services said in a report. "Elevated sugar prices had stimulated a significant sugar supply response globally which will combine with an expected normalization of sugar production levels in the...

  • Blackstone has agreed to acquire insurance broker Aon's employee benefits outsourcing business for around $4.8 billion.

  • Feb 10- Insurance broker Aon PLC said on Friday it agreed to sell its benefits administration and HR BPO platform to private equity firm Blackstone Group LP for $4.3 billion in cash. The repurchase program has been increased by $5 billion, bringing the total amount currently authorized for repurchases to about $7.7 billion as of Feb. 10, Aon added.

  • Feb 10- Insurance broker Aon PLC said on Friday it agreed to sell its benefits administration and HR BPO platform to private equity firm Blackstone Group LP for $4.3 billion in cash. The repurchase program has been increased by $5 billion, bringing the total amount currently authorized for repurchases to about $7.7 billion as of Feb. 10, Aon added.