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Jobs Outsourcing

  • Blackstone has agreed to acquire insurance broker Aon's employee benefits outsourcing business for around $4.8 billion.

  • Feb 10- Insurance broker Aon PLC said on Friday it agreed to sell its benefits administration and HR BPO platform to private equity firm Blackstone Group LP for $4.3 billion in cash. The repurchase program has been increased by $5 billion, bringing the total amount currently authorized for repurchases to about $7.7 billion as of Feb. 10, Aon added.

  • Feb 10- Insurance broker Aon PLC said on Friday it agreed to sell its benefits administration and HR BPO platform to private equity firm Blackstone Group LP for $4.3 billion in cash. The repurchase program has been increased by $5 billion, bringing the total amount currently authorized for repurchases to about $7.7 billion as of Feb. 10, Aon added.

  • Feb 10- Insurance broker Aon PLC said on Friday it agreed to sell its benefits administration and HR BPO platform to Blackstone Group LP for $4.3 billion in cash. Aon said it expected the deal to improve its return on invested capital and add to adjusted earnings per share in 2018.. The repurchase program has been increased by $5 billion, bringing the total amount...

  • NEW YORK, Feb 9- Private equity firm Blackstone Group LP has agreed to acquire insurance broker Aon Plc's employee benefits outsourcing business for around $4.8 billion, people familiar with the matter said on Thursday. Blackstone prevailed over buyout firm Clayton Dubilier& Rice LLC in an auction for the benefits administration and human resources...

  • SAN FRANCISCO/ WASHINGTON, Feb 2- Among Silicon Valley's top tech employers, Facebook Inc could be the most vulnerable to U.S. President Donald Trump's expected crackdown on guest-worker visas, according to a Reuters analysis of U.S. Labor Department filings. That could cause problems for Facebook if Trump or Congress decide to make the H-1B program more...

  • SAN FRANCISCO/ WASHINGTON, Feb 2- Among Silicon Valley's top tech employers, Facebook Inc could be the most vulnerable to U.S. President Donald Trump's expected crackdown on guest-worker visas, according to a Reuters analysis of U.S. Labor Department filings. That could cause problems for Facebook if Trump or Congress decide to make the H-1B program more...

  • Manila Philippines

    Philippine property may face a slowdown despite the country managing one of the world's fastest economic growth rates. Analysts blame Trump.

  • *Spot gold breaks above $1,200, highest since Jan. 24. The U.S. currency was already weaker after Trump sacked top U.S. government lawyer Sally Yates, who refused to defend his curbs on travel from seven Muslim-majority nations. He has really turned from being a bit of a foe of gold to a friend with the uncertainty of his policies, " Ole Hansen, head of commodity strategy...

  • Hindu Sena party president, Vishnu Gupta places a garland of flowers on a poster of US President-elect Donald Trump during an event in New Delhi on January 19, 2017.

    Within his first few days as president, Donald Trump has made Narendra Modi and his country a priority.

  • BOSTON, Jan 25- Harvard University plans to outsource most of its investment management activities and cut its endowment staff by roughly half, in a dramatic overhaul in how the Ivy League school's $35.7 billion in assets are managed. As the richest university in the world, Harvard's decision to break with its long-held hybrid investment model, in which a...

  • BOSTON, Jan 25- Harvard University plans to outsource most of its investment management activities and cut its staff by roughly half, in a dramatic overhaul in how the Ivy League school's $35.7 billion endowment is managed. The internal team that oversees real-estate investments will spin out into an independent group that is expected to keep managing money...

  • BOSTON, Jan 25- Harvard University plans to outsource most of its investment management activities and cut more than a hundred jobs, marking a dramatic overhaul in how the Ivy League school's $35.7 billion endowment is managed. Harvard Management Co's new chief executive officer N.P. Narvekar announced the plans in a letter on Wednesday, noting that the...

  • Jan 25- Harvard University's investment arm is expected to outsource management of most of its $35.7 billion endowment and lay off roughly half the 230 staff, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Harvard Management Co, which oversees America's largest endowment, will close its internal hedge funds and lay off...

  • SEATTLE, Jan 19- Spirit AeroSystems Holdings Inc, a major supplier to aircraft maker Boeing Co, is considering outsourcing up to 85 U.S. supply chain jobs, possibly to a company overseas, according to three people familiar with the plan. Donald Trump, who will be sworn in as U.S. president on Friday, has repeatedly criticized U.S. companies for not doing more to keep...

  • SEATTLE, Jan 19- Spirit AeroSystems Holdings Inc, a major supplier to aircraft maker Boeing Co, is considering outsourcing up to 85 U.S. supply chain jobs, possibly to a company overseas, according to three people familiar with the plan. Donald Trump, who will be sworn in as U.S. president on Friday, has repeatedly criticized U.S. companies for not doing more to keep...

  • **Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier& Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. **FirstEnergy Corp said on Thursday it would sell four gas-generating plants in Pennsylvania and portion of a Virginia hydroelectric power station to a...

  • **Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier& Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. **FirstEnergy Corp said on Thursday it would sell four gas-generating plants in Pennsylvania and portion of a Virginia hydroelectric power station to a...

  • SEATTLE, Jan 18- Spirit AeroSystems Holdings Inc, a major supplier to aircraft maker Boeing Co, is considering outsourcing up to 85 U.S. supply chain jobs, possibly to a company overseas, according to three people familiar with the plan. The Wichita, Kansas- based maker of aerospace components, which builds 42 Boeing 737 fuselages a month, notified a group of workers...

  • EXCLUSIVE-SPIRIT AEROSYSTEMS MULLS OUTSOURCING UP TO 85 U.S.