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Outsourcing

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  • About that raise... US execs feeling tight-fisted Monday, 8 Sep 2014 | 7:01 AM ET

    WASHINGTON— The corporate executives who decide whether U.S. workers get meaningful raises have looked at the broader economy and have a message: Don't expect a pay increase anytime soon.

  • US job growth drops to 142K, slowest in 8 months Friday, 5 Sep 2014 | 8:32 AM ET

    WASHINGTON— A surprising drop in hiring and in the number of people seeking work in August sent a reminder that the U.S. economic recovery is still prone to temporary slowdowns. Employers added just 142,000 jobs last month, well below the 212,000 average of the previous 12 months. Analysts took Friday's Labor Department report in stride.

  • BANGALORE, July 24- Wipro Ltd, India's third-biggest software services exporter, forecast strong revenue growth on the back of higher outsourcing spending by overseas clients and said it was focussing on winning more deals in Europe.

  • BANGALORE/ MUMBAI, July 24- Wipro Ltd, India's third-biggest IT services exporter, posted a 29.6 percent rise in fiscal first-quarter profit and forecast a surge in revenue on the back of stronger spending on outsourcing by overseas clients.

  • TAIPEI, July 18- Taiwan's Hon Hai Precision Industry Co Ltd, the world's largest contract manufacturer of electronic goods, will begin mass production of Apple Inc's next-generation iPhone this month, local media reported Friday.

  • The company, which provides firms with temporary workers and offers them IT outsourcing, management and engineering services, also operates in Germany, Russia, Turkey, Czech Republic, Slovakia and Hungary.

  • BANGALORE, July 11- India's second largest IT services provider Infosys Ltd said on Friday it would boost investment in cloud computing, smartphone apps and other new technologies to win more high-margin outsourcing contracts.

  • BANGALORE, July 11- Infosys Ltd, India's second-largest software services exporter, beat estimates with a 21.6 percent rise in quarterly net profit and retained sales growth outlook for this year on surging demand for outsourcing services.

  • Infosys Q1 profit up 21.6 pct, beats estimates Thursday, 10 Jul 2014 | 11:36 PM ET

    BANGALORE, July 11- Infosys Ltd, India's second-largest software services exporter, posted a 21.6 percent increase in quarterly net profit, beating estimates, as it won new outsourcing contracts from overseas clients.

  • Fidelity to cut nearly 500 printing and mailing jobs Thursday, 10 Jul 2014 | 10:34 AM ET

    BOSTON, July 10- Fidelity Investments, the No. 2 U.S. mutual fund company, told employees this week it will cut about 460 jobs, or 1 percent of its workforce, at its printing and mailing operations in Kentucky and Texas.

  • July 7- United Airlines said on Monday it plans to outsource more than 630 union jobs at 12 U.S. airports in a cost-saving move. United Airlines would shift these jobs from its payroll and hire other companies to provide the employees, under the outsourcing plan. "This is a bad business decision for United Airlines," Carlson said.

  • July 7- United Airlines said on Monday it plans to outsource more than 630 jobs at 12 U.S. airports in a cost-saving move. United Airlines would shift these jobs from its payroll and hire other companies to provide the employees, under the outsourcing plan.

  • SAN FRANCISCO, July 7- Intel Corp said on Monday it would make chips for Panasonic for the audio- and visual-equipment markets, the latest expansion of Intel's contract manufacturing business in the face of slow personal computer sales.

  • SAN FRANCISCO, July 3- Qualcomm, which makes mobile chips, said on Thursday that Chinese contract manufacturer SMIC would produce its Snapdragon processors.

  • June 26- Infosys Ltd co-founder N.R. Narayana Murthy is close to entering into an e-commerce joint venture in India with Amazon.com Inc through his investment firm, Catamaran Ventures, India's Economic Times reported. Amazon and Catamaran were not immediately available for comment.

  • June 26- Accenture Plc, a consulting and outsourcing services provider, cut the top end of its full-year earnings forecast as margins come under pressure, taking the shine off a rebound in its consulting business that boosted quarterly revenue.

  • June 26- Accenture Plc, a consulting and outsourcing company, reported a better-than-expected 7.5 percent rise in quarterly net revenue, led by a rebound in demand for its consulting services. Accenture forecast revenue of between $7.45 billion and $7.70 billion for the fourth-quarter.

  • Accenture quarterly revenue rises 7.5 pct Thursday, 26 Jun 2014 | 7:13 AM ET

    June 26- Accenture Plc, a consulting and outsourcing company, reported a 7.5 percent rise in quarterly net revenue, led by faster growth in its consulting business. The company's net income rose to $881.8 million, or $1.26 per share, in the third quarter ended May 31 from $874.1 million, or $1.21 per share, a year earlier.

  • HONG KONG, June 11- At least two global banks involved in commodity financing in China have asked some clients to shift copper and aluminum, used as collateral for loans, to better regulated warehouses, three sources with direct knowledge of the matter said. Standard Chartered and South Africa's Standard Bank had already contacted clients, two sources said.

  • HONG KONG, June 11- At least two global banks involved in commodity financing in China have asked some clients to shift copper and aluminium, used as collateral for loans, to better regulated warehouses, three sources with direct knowledge of the matter said. Standard Chartered and South Africa's Standard Bank had already contacted clients, two sources said.