Outsourcing
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LONDON, May 21- European shares stalled around multi-year peaks on Tuesday, bolstered by a crop of upbeat corporate reports but pinned back by concerns about a possible end to the U.S. Thus, markets have been unsettled by growing talk from some Fed officials- such as Chicago Fed President Charles Evans overnight- that bond buying could end in coming months.
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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.
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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.
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*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.
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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.
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Transportation Secretary Ray LaHood and Boeing commercial airplanes chief Ray Conner. "Boeing is doing a good job getting in front of the FAA situation. My view is that if the FAA deems this as a non-design issue, Boeing will be fine.
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a comprehensive review of the Boeing 787 airplane, with a special focus on its electrical systems, following a series of recent safety incidents, the new head of the Federal Aviation Administration said on Friday. Transportation Secretary Ray LaHood and Boeing commercial airplanes chief Ray Conner.
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Jan 11- The recent safety issues with the new Boeing Co 787 passenger jet were not caused by outsourcing production or by ramping up production too quickly, the head of Boeing's commercial airplane unit said on Friday. At a press conference in Washington, Ray Conner said Boeing was not seeing anything "exceptionally unusual" for a new plane.
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*CVC has made at least two investments in the Philippines. HONG KONG, Jan 10- Private equity firm CVC is in exclusive talks to buy a majority stake in SPi Global Holdings, a business outsourcing unit of Philippine Long Distance Telephone Co, for about $320 million including debt, a source familiar with the matter told Reuters.
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*Oman becoming last country in GCC to introduce industry. DUBAI, Dec 19- Oman's central bank took a strict approach to regulating Islamic banking in rules for the sector which it released on Wednesday, setting higher standards for the industry than many other countries.
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JAKARTA/ TAIPEI, Dec 18- Hon Hai Precision Industry Co Ltd, the main contract manufacturer for Apple Inc, has confirmed plans for a handset factory in Indonesia that local officials revealed over the summer but have since said were delayed.
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Richard Leupen, CEO, UGL Group discusses his company's full year earnings with CNBC. He expects China to continue to be a growth driver for the company.
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CNBC's Scott Cohn reports the details on why major portions of the new San Francisco Bay Bridge were made in China.
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Aafter years of pain for America’s manufacturing sector and its workers, some economists and analysts are wondering if the tide may be turning.
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President Obama and Vice President Biden are hosting a forum today in an effort to promote "insourcing" American jobs. Business leaders will meet with the President to talk about why insourcing is needed to help create jobs and attract investing dollars from companies looking to establish or grow U.S. subsidiaries.
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CP Gurnani, CEO of IT services provider Mahindra Satyam says the firm could benefit from Europe's troubles as European companies look to cut costs.
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Security and outsourcing company G4S is planning to spend 200 million pounds ($330 million) per year on acquisitions, the company's CEO told CNBC Tuesday, after the company beat analyst expectations to post first-half earnings growth of 8 percent.
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A look at what's behind the company's success and and its future plans for growth, with Pierre Nanterme, Accenture CEO and William Green, Accenture chairman.
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Discussing the growing demand for IT consultancy services, with Girija Pande, Tata Consultancy Services Asia Pacific chairman.
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What is Sri Lanka’s contribution to global outsourcing? Accountants. The New York Times reports.
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With US companies exporting jobs to India, outsourcing companies have outperformed the Nasdaq over the past 6 months. Here's how to play it.