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Adecco Group has agreed to buy AKKA Technologies in a deal worth 2 billion euros ($2.4 billion) on an enterprise value basis, the companies said on Wednesday, with Adecco combining AKKA with its own Modis tech brand. Adecco said it was buying the engineering and technical consulting group, which is listed on Euronext Paris and in Brussels, to expand its professional staffing line which has higher margins and is less sensitive to the economic cycle than its general staffing business. "We are very pleased to announce today that AKKA Technologies and Modis will come together in a landmark transaction," Adecco Group CEO Alain Dehaze said in a statement.
North and South Korea are in talks to reopen a joint liaison office that Pyongyang demolished last year and hold a summit as part of efforts to restore relations, three South Korean government sources with knowledge of the matter said. South Korean President Moon Jae-in and North Korean leader Kim Jong Un have been exploring ways to improve strained ties by exchanging multiple letters since April, the sources said on condition of anonymity due to diplomatic sensitivity. Inter-Korean talks could also help restart stalled negotiations between Pyongyang and Washington aimed at dismantling the North's nuclear and missile programmes in return for sanctions relief.
KUALA LUMPUR, July 28 ― There are two new Mouseketeers and one of them is four-time KL International Wushu gold medallist Eric Lau Lofstedt. He also takes on the role as head Mouseketeer while...
These cheeky T-shirts, silly mugs, funny aprons and more will bring you constant joy.
Intense flash flooding brought on by heavy rain, swept through Albuquerque, New Mexico, amid weather warnings issued on July 27.This footage uploaded by Daniel Lawrence Macy, shows an arroyo – a type of canal or creek – overflowing as flood waters wreaked havoc across the city.The National Weather Service issued flash flood warnings for the region, urging locals to seek higher ground and avoid travelling through affected areas. Credit: Daniel Lawrence Macy via Storyful
A one-year-old girl from Kansas City wowed her mum with a gymnastics routine while watching the Olympics at home on July 27.Harper’s mum Jessica told Storyful that her daughter “loves watching the Olympics” at home and that her favorite sport to watch is gymnastics.The women’s artistic Olympic final took place on Tuesday, with the US team winning silver. Olympic medallist Simone Biles, who was part of the team, shocked fans when she withdrew from the final on Tuesday. Credit: jes.glenn via Storyful
KUALA LUMPUR, July 28 — The Malaysian Medical Association (MMA) asked authorities today to be reasonable when enforcing the Covid-19 standard operating procedures (SOPs) at private clinics, after...
Jamaica's Shelly-Ann Fraser-Pryce will be looking to make history on Saturday as the first woman to win three Olympic 100m gold medals and cement her place as one of the transcendent talents in the sport. Thirteen years after her triumph in Beijing, at the age of 34, and having taken time out to have a baby, Fraser-Pryce arrived in Tokyo on the back of an astonishing 10.63 second run and hot favourite to match compatriot Usain Bolt with a third gold in the blue ribbon 100m event. The performance made her the world's fastest woman alive - the time topped only by Florence Griffith Joyner - and is the fastest sprint in more than three decades, a performance that surprised even Fraser-Pryce herself.
KUALA LUMPUR, July 28 — Many food and beverage businesses find it difficult to sustain themselves by using the services of food delivery apps including Grab and Foodpanda, as the existing...
In a string of women's singles matches on Wednesday, Taiwan's Tai Tzu Ying reminded the world why she's number one when she had France's Qi Xuefei struggling to match up through their 25- minute encounter. Tai, who beat Qi 21-10, 21-13, had a rough start to the Tokyo Olympics, taking a longer time to fend off two hugely inferior opponents earlier in the Games. The 27-year-old has a history of slipping up at the Olympics, despite performing exceptionally in other competitions.
Worn famously by Elizabeth Taylor, Megan Fox, Kylie Minogue and Rihanna, the red lipstick has been a staple in Hollywood's roster of pop stars and celebrities.
Class Technologies Inc, which makes tools for Zoom Video Communications Inc's platform to enhance online classes, said on Wednesday it raised $105 million in a funding round led by SoftBank Group Corp's Vision Fund 2. The ed-tech start up was born during the pandemic as co-founder and CEO Michael Chasen saw the challenges of Zoom classes from his three children in public school. Chasen started his first education software business over 20 years ago called Blackboard, Inc. so was able to quickly get the company started with previous engineers he partnered with and big name investors.
South Korean archer Jang Minhee, already a gold medallist in the team competition and ranked second-top seed for the women's individual matchplay contest, suffered a surprise knockout on Wednesday, losing to unheralded Japanese athlete Miki Nakamura. Miki Nakamura beat Jang by 6-2, shooting more perfect 10s in their match-up, in hot, blustery conditions in Tokyo. The Japanese archer said the win was her first against a rival from South Korea, long-dominant in archery with the women's team matching their the longest gold streak with nine straight medals in Tokyo.
President Joe Biden's latest leap into the Senate's up-and-down efforts to clinch a bipartisan $1 trillion infrastructure deal comes with even more at stake than his coveted plans for boosting road, rail and other public works projects. The outcome of the infrastructure bargaining, which for weeks has encountered one snag after another, will impact what could be the crown jewel of his legacy. Biden and Senate Majority Leader Chuck Schumer, D-N.Y., will need support from every Democratic moderate and progressive to push the $3.5 trillion bill through the 50-50 Senate, with Vice President Kamala Harris' tie-breaking vote.
Gupshup, a Silicon Valley messaging startup with a focus on India, on Wednesday said it raised $240 million from Tiger Global Management and others to buy back shares ahead of a possible IPO next year. While venture capital investments are traditionally used for hiring more engineers or expanding sales and marketing, buy-back deals allow investors in a startup to realize their investment before an IPO. A flood of funds at a time when startups stay private for much longer has led to more buy-back deals on the private market, said Ed Zimmerman, a lawyer at Lowenstein Sandler who teaches venture capital at Columbia University's business school, referring to the market in general.
Siobhan Haughey won Hong Kong's first Olympic swimming medal by taking silver in the 200m freestyle on Wednesday and said she hoped her achievement in Tokyo would inspire the next generation of Olympians back home. The 23-year-old psychology major, already the first swimmer from Hong Kong to reach an Olympic final, looked set for gold before Australia's Ariarne Titmus chased her down. Haughey's silver medal comes after Hong Kong secured a gold in fencing on Monday.
President Joe Biden will be trying to connect with blue-collar workers Wednesday when he travels to a truck factory in Pennsylvania to advocate for government investments and clean energy as ways to strengthen U.S. manufacturing. The president will tour the Lehigh Valley operations facility for Mack Trucks, a chance to touch base with the plant's 2,500 workers, a majority of whom are unionized. Biden has made manufacturing jobs a priority, and Democrats’ political future next year might hinge on whether he succeeds in reinvigorating a sector that has steadily lost jobs for more than four decades.
Writing in The Daily Telegraph, Vaughan said the prospect of Australia facing an understrength England team "would be farcical", with senior players considering not travelling unless their families can visit over the Christmas period. "If this situation is not sorted out quickly and the England players allowed to be joined in Australia by their families then the Ashes have to be delayed by a year," Vaughan wrote.
While some may be eager to get out of the house, the prospect of readjusting to in-person work is a daunting one for many.
U.S. President Joe Biden on Tuesday warned a “real shooting war” may result from cyber attacks and he pointed to Russia as a growing threat.“I think it's more likely we're going to end up, well if we end up in a war, a real shooting war, with a major power it's going to be as a consequence of a cyber breach of great consequence. And it's increasing exponentially, the capabilities.”Cybersecurity has risen to the top of the Biden administration’s agenda, after a series of high-profile attacks on companies like SolarWinds, Colonial Pipeline, and Kaseya.Some of the hacks affected fuel and food supplies in parts of the U.S.During a June bilateral summit between the U.S. and Russia, Biden shared a list of off-limits critical infrastructure with Russian President Vladimir Putin.Since then, the White House says the two countries have been in constant contact about cyber attacks in the U.S.Biden also warned of the threat posed by China, saying President Xi Jinping was “deadly earnest about becoming the most powerful military force in the world.”Biden’s comments mark a departure from his predecessor Donald Trump, who had a contentious relationship with U.S. intelligence agencies, especially over whether Russia interfered to help him win the 2016 election.Trump went through four permanent or acting directors of national intelligence during his four years in office.