Afternoon Coffee: Randstad Sourceright Launches MSP Ahead; Huawei Arrest May Hurt U.S.-China Trade Talks

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Randstad Sourceright has announced the launch of MSP Ahead, calling it “the latest evolution of its managed service provider (MSP) offerings.”

MSP Ahead will leverage new workforce technology and data analytics to help organizations manage today’s increasingly complex contingent workforce, the company said.

Going further than the traditional MSP program model and VMS technology footprint, the MSP Ahead model “combines human cloud platforms, talent community technologies, supply chain management, automation and satisfaction measurement to give clients unique insight into their total talent picture” in addition to providing “custom-built solutions to manage flexible talent,” according to a statement.

JoAnne Estrada, Randstad Sourceright’s global head of contingent workforce strategies, explained in the statement that traditional “managed services programs have typically included only contingent labor, with a focus on compliance and cost savings, but we have evolved the offering to include all types of talent, working ‘upstream’ to identify the appropriate talent pools even before a hiring need exists.”

Tariff Gains at Risk?

The arrest of a Chinese executive in a U.S. investigation has the potential to upend the U.S.-China trade talks and the recent tariff truce, Bloomberg News reports. Wanzhou Meng is the chief financial officer of Huawei Technologies and the daughter of its founder. The company’s leader is a key proponent of the Chinese president’s goal of China being self-sufficient in strategic technologies, Bloomberg reports.

The U.S. is seeking Meng’s extradition from Canada, where she was arrested Dec. 1 for a U.S. investigation of violating Iran sanctions. China has demanded her freedom but is continuing with trade negotiations, Bloomberg reports.

On the day of her arrest, the U.S. and China agreed at the G20 summit in Argentina to not increase tariffs on Jan. 1 and to continue trade talks.

News of the arrest is rattling the U.S. stock market, The Wall Street Journal reports.

OPEC Delays Oil Cuts

And finally, an update on oil: On Thursday, OPEC delayed its decision on how much to cut oil production in a bid to boost prices, the Associated Press reports. The delay came as it negotiates with Russia on how much that nation will cut oil production, AP reports.

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