Britain's PageGroup and Robert Walters warned on Tuesday that profit will b...
) warned on Tuesday that profit will be hit by a global recruitment squeeze as continuing geopolitical issues such as Brexit and the U.S.-China trade conflict dent economies.
Shares in Robert Walters, which has a presence in more than 30 countries, fell by 10.4% while larger PageGroup plunged nearly 13% to its lowest in nearly three years. Demand for new staff at British companies in September increased at the weakest rate in almost eight years, a survey showed on Tuesday.
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