It marks a departure from the large-scale outsourcing to overseas suppliers that caused significant delay on Boeing's 787 jet. In announcing the move, Boeing reaffirmed that it plans to deliver the first of the new fuel-efficient jetliners in 2020. Last year, the company had indicated that it was aiming for around the end of the decade.» Read More
ZURICH, Jan 20- Swiss bank UBS will outsource its fixed-income trading platform to two French software companies in an attempt to save costs and weather tougher regulation in the industry, a source with knowledge of the matter said.
Jan 17- Atlas Air Worldwide Holdings Inc, a provider of outsourced aircraft and aviation operating services, said British Airways Plc terminated a lease agreement ahead of schedule.
MUMBAI, Jan 17- India's top IT services provider Tata Consultancy Services Ltd forecast faster sales growth in the next fiscal year but failed to ease investor worries that smaller rivals will also benefit from an anticipated rise in client demand.
*Q3 net profit 28.75 bln rupees vs estimate 27.15 bln rupees. MYSORE, India, Jan 10- India's Infosys Ltd is chasing more big-ticket contracts from Europe and the United States this year and keeping a lid on costs as the outsourcing services giant powers ahead with a turnaround to regain market share.
TAIPEI, Jan 6- Taiwanese smartphone maker HTC reported a worse than expected net fourth-quarter profit on Sunday, despite aggressive cost cutting and a one-time gain. The company, which has lost nearly three-quarter of its market value in the last two years, is now worth about $4 billion, dwarfed by rivals like Apple and Samsung Electronics Co Ltd..
Dec 19- Accenture Plc said it expected its consulting business to turn the corner this financial year as orders rise, building on strength in its outsourcing unit that helped the company report better-than-expected quarterly results. Accenture shares rose as much as 5 percent on Thursday.
Dec 19- Accenture Plc reported first-quarter results that beat analysts' estimates as increased demand for outsourcing services helped to offset a drop in income from its consulting business. Accenture's shares rose 3 percent to $78.01 before the bell on Thursday.
Dec 19- Accenture Plc reported a 2 percent rise in quarterly revenue as demand for outsourcing services helped to offset a drop in income from its bigger consulting business. Net income rose to $811.6 million, or $1.15 per share, in the first quarter ended Nov. 30 from $766 million, or $1.06 per share, a year earlier. Revenue rose to $7.36 billion from $7.22 billion.
PARIS, Dec 18- French utility GDF Suez's Cofely unit plans to buy several smaller peers with combined revenue of 1 billion euros to drive home its advantage as Europe's biggest provider of energy services for buildings.
NEW DELHI/ MUMBAI, Dec 13- India's Micromax, which has become the country's No. 2 smartphone brand just five years after selling its first handset- a $30 made-in- China model- is looking to go upmarket and overseas. Among all types of phones, Micromax ranks third in India after Nokia and Samsung Electronics.
NEW DELHI/ SHIRDHON, India, Nov 28- Pandurang Ghorpade has the weather to thank as he hands out celebratory sweets to neighbours eager for a ride on his prized new possession, a gleaming red tractor bought in anticipation of a bumper harvest.
SAN FRANCISCO, Nov 21- Intel CEO Brian Krzanich said on Thursday he planned to expand his company's small contract manufacturing business, paving the way for more chipmakers to tap into the world's most advanced process technology.
SAN FRANCISCO, Nov 21- Intel CEO Brian Krzanich said on Thursday he planned to expand his company's small contract manufacturing business, opening the way for more chipmakers to tap into the world's most advanced process technology.
SAN FRANCISCO, Nov 21- Intel CEO Brian Krzanich said on Thursday he plans to expand his company's small contract manufacturing business, opening the way for more chipmakers to tap into the world's most advanced process technology.
LONDON, Nov 18- Capita's veteran boss Paul Pindar, who built a small IT consultancy into Britain's largest outsourcing group, is to step down after 26 years with the company, walking away from a sector facing greater scrutiny for being too reliant on a few major firms.
LONDON, Nov 18- Capita Chief Executive Paul Pindar is to quit Britain's largest outsourcing company in early 2014, leaving after 26 years as the sector faces up to greater scrutiny and possibly tougher times ahead.
LONDON, Nov 15- Ageing North Sea fields are being abandoned by oil majors and increasingly rely on national oil companies from countries such as China and large service providers to keep the oil- and tax revenues- flowing.
*Hon Hai says Q3 net profit T $30.75 bln vs consensus T $25.99 bln. TAIPEI, Nov 13- Hon Hai Precision Industry's decision to move away from major client Apple Inc and the lower-value electronics contract manufacturing business is a long-term bet that will improve margins and offset rising labour costs.
TAIPEI, Nov 13- Hon Hai Precision Industry's decision to move away from major client Apple Inc and the lower-value electronics contract manufacturing business is a long-term bet that will improve margins and offset rising labour costs. "Its enlarging scale will help Hon Hai's margins in Q3 and Q4," said Kylie Huang, Taipei- based analyst at Daiwa Securities.
*Infosys says no limit on eligibility for U.S. federal contracts. BANGALORE/ WASHINGTON, Oct 30- Tech services giant Infosys Ltd agreed on Wednesday to pay $34 million to end a U.S. investigation related to the widespread practice by Indian firms of flying workers to client sites in the United States on temporary visas.