Daily News
World – Global economy ‘facing serious headwinds’
7 March 2019It’s slower growth ahead for the global economy, according to the “Interim Economic Outlook” released Wednesday by the OECD. Major risks persist, and European growth is slower than expected. The global economy is expected to grow 3.3% this year and 3.4% in 2020, but those projections are down from...
UK – Government commits to workers’ rights post Brexit; Parliament will be able to vote on changes
7 March 2019The UK government made a commitment Wednesday to not reduce the standards of workers’ rights from as they are in European Union laws post Brexit, and any new legislation changing those laws will be assessed as to whether they uphold this commitment. Parliament will also be given the right to consider...
World – Korn Ferry revenue up 10% in fiscal Q3, but EMEA executive search revenue down
7 March 2019Revenue rose 10% in constant currency at Korn Ferry in its fiscal third quarter ended 31 January 2019. However, EMEA executive search revenue fell 1.8% at the Los Angeles-headquartered provider of executive search; leadership and talent consulting; and recruitment process outsourcing.
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World – VMS provider Beeline announces CFO and CTO
7 March 2019Vendor management system supplier Beeline announced that Todd Pulley joined the company as CFO and Michael Madden has come on board to serve as chief technology officer.
Pulley had served as CFO for Adecco UK, Ireland, North America and South America. He has more than 20 years of leadership experience,...
World – Funding rounds for chatbot, coding school and Pickr; Fiverr expands; software acquisition: Tech Roundup
7 March 2019Chatbot maker Paradox announced a series A funding round of US $13.3 million. Hungary-based Coding school Codecool also announced a funding round as did UK-based online staffing firm Pickr. Human cloud platform Fiverr announced a European expansion. And The Access Group acquired Volcanic, a CMS provider...
France – Recruitment firm Proman reports three European acquisitions (Les Petites Affiches)
7 March 2019Proman, a recruitment firm headquartered in Manosque, France, recently announced three acquisitions, according to a report by Les Petites Affiches. The acquisitions included a majority stake in Rialto Recruitment, a Belgium-based executive search firm; CréaJob Services, a temporary staffing company...
World – Ireland, Sweden and Denmark rank among most attractive staffing markets
6 March 2019The most attractive markets for staffing are Ireland, Sweden, Denmark, Finland and Malaysia, according to a report released Wednesday by Staffing Industry Analysts. The report covered staffing markets in 60 countries around the world.
All these markets display varying degrees of strong growth prospects...
UK – PageGroup full-year revenue up 14%; Brexit uncertainty has impact
6 March 2019PageGroup plc (PAGE:LSE) reported revenue rose 14.0% in constant currency in 2018 with its Asia region posting the fastest growth. Revenue in its UK operations edged up 0.2%. The Surrey, UK-headquartered recruitment company noted that challenging market conditions related to Brexit uncertainty impacted...
UK – FDM Group revenue up 5%, notes strong demand
6 March 2019Revenue rose 4.9% at FDM Group (Holdings) plc (FDM:LSE) in 2018. UK and Ireland revenue edged down, but revenue rose in other geographies with Asia Pacific revenue up 31.1%. The London-based company noted a strong level of demand in 2018 which it sees continuing into 2019. It also reported good growth...
World – Gattaca responds to Reuters’ article, US Department of Justice request
6 March 2019Gattaca plc reported last week that it is responding to a request from the US Department of Justice regarding China-based telecom company Huawei, but could not offer further comment. The announcement was in reference to a Reuters article on an investigation of Huawei that mentioned the company.
“In...