British recruitment business leader, PageGroup executive
Major recruitment firms have reported mixed quarterly results with improving temp hiring in some regions but weak demand in Europe. Net fees fell, executives caution on the year ahead as firms push cost cuts and focus on AI-driven efficiencies.
Oil prices remain near multi-week highs as tensions surrounding the Strait of Hormuz escalate. The US has reimposed a naval blockade on Iran, Iran warns it will respond, and analysts expect intermittent supply disruptions to keep prices elevated in coming quarters.