WASHINGTON— The Food and Drug Administration warned doctors Wednesday not to use compounded drugs from a Texas specialty pharmacy due to potential risks of contamination. The agency says FDA inspectors recently uncovered unsanitary conditions at Unique Pharmaceuticals' plant in Temple, Texas.» Read More
LONDON, May 16- London's precious-metal price benchmarks, including silver, the century-old gold "fix" and platinum group metals are on the verge of major transformation, industry sources say, as regulatory scrutiny and lawsuits hasten action.
SINGAPORE, May 16- Gold struggled below $1,300 an ounce on Friday as U.S. jobs and factory data indicated brighter prospects for the economy, hurting the metal's appeal as an investment hedge.
MUMBAI, May 11- Infosys Ltd, once a bellwether for India's $100 billion- plus IT outsourcing industry, is losing its cachet as the employer of choice for a generation of young IT workers, with staff leaving at an unprecedented pace as the Bangalore- based company struggles to regain ground lost to rivals.
*Sees 2nd- qtr revenue $2.50 bln- $2.53 bln vs est. May 7- Technology outsourcing company Cognizant Technology Solutions Corp said growth in its North America healthcare business would remain slow this quarter due to lower spending by customers adjusting to U.S. healthcare reforms.
*Forecasts 2nd- quarter revenue $2.50 bln- $2.53 bln vs est. May 7- Technology outsourcing company Cognizant Technology Solutions Corp said growth in its North America healthcare business would remain slow this quarter due to lower spending by customers as they adjust to changes brought on by Obamacare.
May 7- Technology outsourcing company Cognizant Technology Solutions Corp reported a better-than-expected profit for the first quarter as customers in Europe raised their IT spending. Europe contributed $470.1 million, or 19.4 percent, to total revenue in the quarter ended March 31.
Socialism is in his heart, but Infosys billionaire Narayana Murthy says on May Day that "capitalism is the way forward."
LONDON, April 30- British outsourcing firm Serco plans to raise 170 million pounds in emergency cash after revealing the full extent of its collapse in profits and the departure of its finance director on Wednesday.
April 30- British outsourcing firm Serco said it planned to raise 170 million pounds in emergency cash after revealing the full extent of its problems in its latest profit downgrade and the departure of its finance director.
April 25- The Canadian government said on Friday companies should raise wages to encourage more Canadians to apply for unfilled jobs, saying the freeze it imposed this week on restaurants hiring temporary foreign workers is a wake-up call for all employers.
VANCOUVER, April 23- The Canadian unit of McDonald's Corp has suspended all of its applications under the country's temporary foreign worker program as its undergoes a third-party audit on its use, the restaurant chain said on Wednesday.
*Infosys seen posting 18 pct growth in Q4 net profit, lagging rivals. MUMBAI, April 11- An exodus of senior executives and staff at India's second largest IT outsourcing firm, Infosys Ltd, could hamper efforts to win lucrative contracts in the United States and Europe, and weigh on its profit growth outlook for this year.
April 10- Outsourcing company iGate Corp reported better-than-expected results for the first quarter, helped by customer additions and contract wins. Net income attributable to common shareholders was $23.3 million, or 29 cents per share, in the quarter ended March 31 compared with $27.1 million, or 34 cents per share, a year earlier.
April 3- Hardware distributor Synnex Corp reported better-than-expected quarterly results as it benefited from higher spending on information technology and the acquisition of International Business Machines Corp's customer-care business process outsourcing operations.
COPENHAGEN, March 13- Shares in Danish outsourcing company ISS jumped by more than 15 percent from the offer price after they returned to the Copenhagen stock market on Thursday.
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.
*Denmark's ISS aims to be listed on Copenhagen Stock Exchange. *Nordea, Goldman Sachs and UBS will be joint global coordinators. Private equity company EQT and Goldman Sachs bought the company for 22.1 billion Danish crowns and delisted it from the Copenhagen bourse in 2005..
Activist investor Elliott Management wants big changes at Juniper Networks, and momentum is building for the company to bend to the pressure.
Feb 6- Exchange operator BATS Global Markets said on Thursday it would outsource part of the surveillance of its four U.S. stock markets to the Financial Industry Regulatory Authority, expanding the industry-funded watchdog's oversight to nearly all equities markets.
Li & Fung has long been on the cutting edge of globalization, chasing cheap labor to garment factories first in China, then elsewhere in Asia, including Bangladesh.