Outsourcing

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• Giant of Shareholders, BlackRock Quietly Stirs Saturday, 18 May 2013 | 1:29 PM ET

  

  The world’s largest asset manager is far from being an activist investor, but it is starting to ask more questions, the New York Times reports.

• After ATM heist, India's IT sector again in unwelcome spotlight Tuesday, 14 May 2013 | 11:20 PM ET

  MUMBAI/ BANGALORE, May 15- A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation.

• INSIGHT-Bangalore on Tagus? Portugal outsourcing gets reforms boost Thursday, 9 May 2013 | 8:02 AM ET

  *Outsourcing sector defies recession in Portugal. *Global leaders in Portugal, Portuguese firms expand abroad. He earns 700 euros a month, 200 euros more than previously, plus bonuses, and the company covers his rent- a rare perk in Portugal.

• Gulf airlines prepare for Boeing's 777X offering Sunday, 5 May 2013 | 4:10 PM ET

  *Boeing may not outsource much work- Qatar Air CEO Baker. By Praveen Menon DUBAI, May 5- As they prepare to buy Boeing's. new 777 X jet, Gulf airline giants Emirates and Qatar Airways are warning that Boeing must avoid the mistakes of the 787 Dreamliner, which cost customers millions of dollars when its batteries failed.

• Gulf airlines prepare for Boeing's 777X offering Sunday, 5 May 2013 | 4:09 PM ET

  *Boeing may not outsource much work- Qatar Air CEO Baker. *Boeing's cash exposure from 787 is tricky- Emirates' President Clark.

• UPDATE 1-Canada tightens rules for temporary foreign workers Monday, 29 Apr 2013 | 4:17 PM ET

  OTTAWA, April 29- The Canadian government announced tighter rules on Monday to prevent employers from using its temporary foreign worker program to squeeze Canadians out of jobs, acting after two high-profile cases tarnished the program's reputation.

• UPDATE 1-Canada tightens rules for temporary foreign workers Monday, 29 Apr 2013 | 4:17 PM ET

  OTTAWA, April 29- The Canadian government announced tighter rules on Monday to prevent employers from using its temporary foreign worker program to squeeze Canadians out of jobs, acting after two high-profile cases tarnished the program's reputation.

• Canada to clamp down on temporary foreign worker program Monday, 29 Apr 2013 | 11:43 AM ET

  Citizenship and Immigration Minister Jason Kenney and Human Resources Minister Diane Finley have scheduled a news conference for Monday afternoon to announce reforms to the program, which the Conservative government was expected to present to Parliament in its budget implementation bill on Monday afternoon.

• FEATURE-Burgeoning IT sector aims to reverse Palestinian economic rot Wednesday, 17 Apr 2013 | 10:00 AM ET

  NABLUS, West Bank, April 17- Nestled in a basin in the northern West Bank, the city of Nablus was for millennia a Palestinian cultural and commercial hub, attracting traders to its souk in the heart of the old town.

• THL to buy IT services company CompuCom for $1.1 bln -source Monday, 8 Apr 2013 | 3:59 PM ET

  NEW YORK, April 8- Thomas H. Lee Partners said Monday it is buying privately held IT outsourcing company CompuCom Systems Inc for around $1.1 billion, a person close to the matter said. Dallas, Texas based CompuCom had been owned by Court Square Capital Partners, a private equity firm that was spun out of Citigroup Inc in 2006..

• Digital Realty on Data Center Trends: CEO  Thursday, 4 Apr 2013 | 8:45 PM ET

  

  Michael Foust, CEO at Digital Realty, speaks about the cost effectiveness of data centers and current trends in the industry along with business model, growth prospects and the company's acquisition plans.

• UPDATE 2-Sluggish corporate spending crimps Accenture forecast Thursday, 28 Mar 2013 | 11:28 AM ET

  March 28- Outsourcing and consulting services provider Accenture Plc reduced its forecast for revenue growth, saying its consulting business was still being hurt by a slowdown in corporate discretionary spending, especially in Europe.

• Private cash fuels commodity trade as banks step back Wednesday, 13 Mar 2013 | 9:23 AM ET

  *Banks cut lending in $1.5 trillion- a-year market. GENEVA, March 13- Private investors and hedge funds seeking new ways to gain exposure to commodities may provide a lifeline to trading houses desperate for the short-term liquidity that banks used to offer.

• Ex-Infosys exec aims to shake up IT industry billing model Thursday, 21 Feb 2013 | 3:44 PM ET

  MUMBAI, Feb 22- A former Infosys Ltd executive is challenging the IT outsourcing industry's billing model by charging for results instead of basing fees on the time and labour put in by the armies of staff working for India's big firms.

• x UPDATE 3-France Telecom looks to cuts for price war respite Wednesday, 20 Feb 2013 | 8:55 AM ET

  *2012 net profit shrinks 80 pct on Poland impairment charge. PARIS, Feb 20- France Telecom predicted no let-up in a price war squeezing its home market and said it would focus on costs to return to cash-flow growth next year.

• UPDATE 1-Cognizant profit tops estimates, outlook disappoints Thursday, 7 Feb 2013 | 6:45 AM ET

  Feb 7- IT services company Cognizant Technology Solutions Corp reported a modestly better-than-expected quarterly profit as clients in Europe ramped up outsourcing, but guided first-quarter profit below analysts' estimates.

• UPDATE 1-PLDT sells unit to CVC as interest in Philippines mounts Monday, 4 Feb 2013 | 11:07 PM ET

  MANILA/ HONG KONG Feb 5- Philippine Long Distance Telephone Co said it will sell a majority stake in its business process outsourcing unit to private equity firm CVC Capital Partners Ltd- a deal that underlines rising interest in the Philippines as an investment destination.

• Jabil Circuit to buy plastic product maker Nypro for $665 mln Monday, 4 Feb 2013 | 9:31 AM ET

  Feb 4- Contract manufacturer Jabil Circuit Inc said it would buy Nypro Inc, a maker of precision plastic products, for about $665 million. Jabil said it expects to fund the deal from its existing cash and credit facilities.

• European shares flat as airlines retreat Monday, 28 Jan 2013 | 7:08 AM ET

  *Budget airlines fall after Ryanair numbers. The travel and leisure sector was the main drag on the FTSEurofirst 300, down 0.9 percent and led lower by budget airlines Ryanair and easyJet, which retreated after a recent surge.

• WRAPUP 3-U.S. to review Boeing 787 safety issues Friday, 11 Jan 2013 | 11:10 AM ET

  WASHINGTON/ NEW YORK, Jan 11- The United States ordered a wide review of Boeing's latest passenger jet, the 787 Dreamliner, citing "concern" over a spate of technical problems in recent weeks. The review will put an emphasis on the 787' s advanced electrical systems and cover their design, manufacture and assembly, the Federal Aviation Administration said.