×

Jobs Outsourcing

  • LONDON, June 13- A recovery in tech stocks and fresh optimism over Italy's troubled banking sector lifted European shares off 7- week lows on Tuesday, while a bounce in Capita boosted British equities. The pan-European STOXX 600 index was up 0.6 percent, almost fully recovering losses from the previous session, while Italy's benchmark rose 1 percent.

  • *FTSE 100 up 0.4 pct. Relief was palpable after Monday's dip, which hit UK tech firms Micro Focus and Sophos, but trading remained muted with the FTSE 100 up just 0.2 percent as investors continued to sift through the fall-out from Britain's election. "There's a tendency to turn to one factor and attribute it to that, but people always just get nervous when valuations...

  • LONDON, June 13- British outsourcing group Capita said it expects to improve its profitability and secure more contract wins this year, sending its shares sharply higher as it recovers from a string of profit warnings and the departure of its CEO. Both are seen as key to future performance after the company was hit by clients delaying major deals in the wake of...

  • LONDON, June 13- European stocks rebounded from seven-week lows in early deals on Tuesday as shares in tech firms recovered and financials rose, while British firms were led by a jump in shares in Capita. Visitor attractions group Merlin Entertainments fell around 3 percent, however, after striking a cautious tone in its outlook and saying that attacks in...

  • LONDON, June 13- Britain's troubled outsourcing group Capita said it hoped to improve its profitability and secure more contract wins in the second half of 2017 as it slowly rebuilds from a string of profit warnings. Capita, which specializes in providing IT-enabled business services to banks and investors, the National Health Service, retailers and...

  • FRANKFURT, June 8- Deutsche Bank said on Thursday it had hired Nick Richitt as managing director in healthcare investment banking, focusing on healthcare IT and outsourcing. Richitt will join Deutsche Bank in September from Suntrust Robinson Humphrey, where he has been a managing director in technology and services investment banking.

  • LONDON, May 29- A global computer system failure that stranded thousands of British Airways passengers over the weekend was not due to the outsourcing of staff from Britain, the airline's chief executive said on Monday. "All the parties involved around this particular event have not been involved with any type of outsourcing in any foreign country," Chief...

  • BA CEO CRUZ SAYS GLITCH TO DO WITH LOCAL ISSUES AND LOCAL STAFFING, OUTSOURCING NOT TO BLAME.

  • This is the first time that AT&T wireless workers have gone on strike, which could result in closed retail stores during the weekend, according to the Communications Workers of America union, whose AT&T members went on strike. Wireline workers, who work in phone, landline and cable services businesses in California, Nevada, and Connecticut, and DirecTV...

  • President Donald Trump on Thursday triggered the process to start renegotiating the North American Free Trade Agreement between the United States, Canada and Mexico, which could usher in formal talks by mid-August. Trump has threatened to jettison the 23- year-old accord if he cannot rework it in favor of the United States, arguing it has gutted U.S....

  • May 15- Thermo Fisher Scientific Inc, the world's largest maker of scientific instruments, said on Monday it would buy contract manufacturing company Patheon NV for about $5.2 billion in cash. Thermo Fisher's offer of $35 per share represents a premium of about 35 percent to Patheon's Friday close. The deal represents a purchase price of about $7.2 billion,...

  • Chief executives of S&P 500 companies surveyed were paid on average $13.1 million last year, 347 times the pay of the average U.S. worker, according to the AFL-CIO, the largest federation of U.S. labor unions. The AFL-CIO used the survey release to highlight slow U.S. wage growth and the outsourcing of jobs to countries with lower wages. Corporate directors were at...

  • *Plans to open 4 U.S. tech centres, starting with Indiana in Aug. SAN FRANCISCO/ MUMBAI, May 2- India- based IT services firm Infosys Ltd said it plans to hire 10,000 U.S. workers in the next two years and open four technology centers in the United States, starting with a center this August in Indiana, the home state of U.S. In a telephone interview with Reuters from Indiana,...

  • Supporters of founder and Leader of the political movement 'En Marche !' Emmanuel Macron celebrates after winning the lead percentage of votes in the first round of the French Presidential Elections at Parc des Expositions Porte de Versailles on April 23, 2017 in Paris, France.

    Globalization silenced the historic looms of Calais; blue-collar voters there represent the forces powering the far right, The NYT reports.

  • *India- based outsourcing firms could be hit if program changes. *Silicon Valley makes heavy use of foreign STEM workers. KENOSHA, Wis., April 18- President Donald Trump on Tuesday ordered a review of the U.S. visa program for bringing high-skilled foreign workers into the country, putting technology firms and the outsourcing companies that serve them on notice...

  • KENOSHA, Wis., April 18- President Donald Trump on Tuesday ordered a review of the U.S. visa program for bringing high-skilled foreign workers into the country, putting technology firms and the outsourcing companies that serve them on notice that possible changes may be ahead. Seeking to carry out a campaign pledge to put " America First," Trump signed an executive...

  • SAO PAULO, March 31- Brazilian President Michel Temer on Friday signed into law a bill approved by the Congress last week to allow companies to outsource jobs, a measure fiercely opposed by unions. But Temer vetoed some of the articles approved by the Congress, partially addressing criticism from labor leaders. That period was limited to nine months where the...

  • LONDON, March 28- Britain's Telegraph Media Group, the publisher of the Daily and Sunday Telegraph broadsheets, is cutting jobs by outsourcing more of its sub-editing and page production to a third party agency, the company said on Tuesday. The group, which has been owned by British businessmen David and Frederick Barclay since 2004, said the domestic news...

  • March 27- Chatbot maker 7 Inc expects its revenue to increase 30-35 percent to more than $400 million in its financial year ending March 2018, the company's chief executive told Reuters. The company, which clocks over 40 million chats annually and offers services in Spanish and Mandarin, gets about 75 percent of its revenue from the United States and the rest from...

  • SAO PAULO, March 23- The Brazilian real weakened on Thursday after the country's lower house of Congress approved a government-sponsored bill by a narrower margin than expected, raising concerns of fading support for a planned pension reform. The bill, which allows companies to outsource any job and drew fierce opposition from labor unions, was approved...