Rachel Phua

Asia–Pacific (APAC), New York

@business earnings specialist | Works in: @CNBC @nikkeiasia @thenation @theprospect @dallasnews | @columbiajourn data-j grad |[email protected]

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Articles

Recruiter woes compound as tariffs sting global labor markets | Maggie Shiltagh, Rachel Phua & Rachel Yeo / Bloomberg

3 days ago | businessmirror.com.ph | Maggie Shiltagh |Rachel Phua |Rachel Yeo

Recruiters across Europe and the US had a dismal start to the year. US President Donald Trump’s tariffs are now dimming their prospects for the rest of 2025. Earnings in the sector largely missed the mark, reflecting the current harsh labor market on both sides of the Atlantic—US job openings and hiring are down, with vacancies also lower in the UK and Germany. Almost unanimously, recruiters warned that US trade policy is weighing on hiring activity.
Mercado laboral en pausa: tensiones comerciales están frenando la contratación global

4 days ago | bloomberglinea.com | Maggie Shiltagh |Rachel Phua |Rachel Yeo |Joe Raedle

Bloomberg — Los reclutadores de Europa y EE.UU. han tenido un pésimo comienzo de año. Los aranceles del presidente estadounidense Donald Trump ensombrecen ahora sus perspectivas para el resto de 2025. Los resultados del sector no han sido muy favorables, lo que refleja la dureza actual del mercado laboral a ambos lados del Atlántico: las ofertas de empleo y las contrataciones en EE.UU. están a la baja, y las vacantes también son más bajas en el Reino Unido y Alemania.
Recruiter Woes Compound as Tariffs Sting Global Labor Markets

5 days ago | bloomberg.com | Maggie Shiltagh |Rachel Phua |Rachel Yeo

(Bloomberg) -- Recruiters across Europe and the US had a dismal start to the year. US President Donald Trump’s tariffs are now dimming their prospects for the rest of 2025. Earnings in the sector largely missed the mark, reflecting the current harsh labor market on both sides of the Atlantic — US job openings and hiring are down, with vacancies also lower in the UK and Germany. Almost unanimously, recruiters warned that US trade policy is weighing on hiring activity.
Recruiter Woes Compound as Tariffs Sting Global Labor Markets

5 days ago | news.bloomberglaw.com | Maggie Shiltagh |Rachel Phua |Rachel Yeo

Recruiters across Europe and the US had a dismal start to the year. US President Donald Trump’s tariffs are now dimming their prospects for the rest of 2025. Earnings in the sector largely missed the mark, reflecting the current harsh labor market on both sides of the Atlantic — US job openings and hiring are down, with vacancies also lower in the UK and Germany. Almost unanimously, recruiters warned that US trade policy is weighing on hiring activity.
Recruiter Woes Compound as Tariffs Sting Global Labor Markets

5 days ago | news.bloombergtax.com | Maggie Shiltagh |Rachel Phua |Rachel Yeo

Recruiters across Europe and the US had a dismal start to the year. US President Donald Trump’s tariffs are now dimming their prospects for the rest of 2025. Earnings in the sector largely missed the mark, reflecting the current harsh labor market on both sides of the Atlantic — US job openings and hiring are down, with vacancies also lower in the UK and Germany. Almost unanimously, recruiters warned that US trade policy is weighing on hiring activity.
Walmart, Hertz Plot Growth With Tariffs: US Earnings Week Ahead

5 days ago | news.bloomberglaw.com | Redd Brown |Rachel Phua |Ignacio González

Walmart Inc. and Hertz Global Holdings get a chance next week to lay out plans for growth as recession fears continue to deepen, chilling consumer sentiment. Both are likely to plot out opportunities for expansion as the global trade turmoil threatens to push costs higher for households. Walmart, which is expected to see quarterly earnings shrink for the first time in almost three years, is banking on competitive price cuts.
Krispy Kreme Slumps as Dividends End, McDonald’s Plan Paused (2)

6 days ago | news.bloombergtax.com | Rachel Phua

Krispy Kreme Inc. shares hit a record low after saying it will no longer pay quarterly cash dividends in order to pay down its debt and focus on growth. The doughnut maker is also pausing the expansion of its partnership with McDonald’s Corp.in the second quarter and withdrew its profit guidance, saying it won’t provide an updated outlook at this time due to macroeconomic weakness and uncertainty over the tie-up. Shares fell as much as 30% on Thursday, the most since late February.
McDonald's partnership wasn't an instant salve for Krispy Kreme

6 days ago | chicagobusiness.com | Rachel Phua

Krispy Kreme Inc. shares hit a record low after saying it will no longer pay quarterly cash dividends in order to pay down its debt and focus on growth. The doughnut maker is also pausing the expansion of its partnership with McDonald’s Corp. in the second quarter and withdrew its profit guidance, saying it won’t provide an updated outlook at this time due to macroeconomic weakness and uncertainty over the tie-up. Shares fell as much as 30% on Thursday, the most since late February.
Krispy Kreme Slumps as Dividends End, McDonald’s Plan Paused

6 days ago | bloomberg.com | Rachel Phua

A Krispy Kreme doughnuts store at Times Square. (Bloomberg) -- Krispy Kreme Inc. shares hit a record low after saying it will no longer pay quarterly cash dividends in order to pay down its debt and focus on growth. The doughnut maker is also pausing the expansion of its partnership with McDonald’s Corp. in the second quarter and withdrew its profit guidance, saying it won’t provide an updated outlook at this time due to macroeconomic weakness and uncertainty over the tie-up.
Cleveland-Cliffs cancels Weirton transformer project expected to create hundreds of jobs

1 week ago | post-gazette.com | Rachel Phua |Joseph Deaux |Martin Ritchie |Evan Robinson-Johnson

Cleveland-Cliffs Inc. announced Wednesday that it would not be going ahead with plans to turn a massive warehouse in Weirton into a hub for electrical transformers. The West Virginia project, which had been expected to employ hundreds of United Steelworkers members, had been hailed by public officials when it was announced last summer. Cleveland-Cliffs had closed a tinplate mill there earlier that year.

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Rachel Phua @rachelphua_el

17 Dec 24

RT @business: Once synonymous with the energy drink industry, Red Bull and Monster are losing market share in an industrywide shift toward…

Rachel Phua @rachelphua_el

8 Oct 24

RT @business: Thanks to Gen Z, sales of the ultrasoft toys increased almost eightfold from 2013 to 2022 https://t.co/rHw9mPv6A9

Rachel Phua @rachelphua_el

28 Aug 24

RT @business: This unlikely Southeast Asian ingredient is taking over New York's food sene https://t.co/VFOE7gdQjj

Rachel Phua

Articles

Recruiter woes compound as tariffs sting global labor markets | Maggie Shiltagh, Rachel Phua & Rachel Yeo / Bloomberg

Mercado laboral en pausa: tensiones comerciales están frenando la contratación global

Recruiter Woes Compound as Tariffs Sting Global Labor Markets

Recruiter Woes Compound as Tariffs Sting Global Labor Markets

Recruiter Woes Compound as Tariffs Sting Global Labor Markets

Walmart, Hertz Plot Growth With Tariffs: US Earnings Week Ahead

Krispy Kreme Slumps as Dividends End, McDonald’s Plan Paused (2)

McDonald's partnership wasn't an instant salve for Krispy Kreme

Krispy Kreme Slumps as Dividends End, McDonald’s Plan Paused

Cleveland-Cliffs cancels Weirton transformer project expected to create hundreds of jobs

Contact details

Emails

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X (formerly Twitter)