Public assistance
Impel falls after cut in public subsidies
Shares of Impel outsourcing group plunged as much as 17 percent yesterday on news the company may lose most of its public subsidies for hiring lightly disabled workers. Impel, which has about 20.000 security guards, cooks and cleaning staff, 8000 of them disabled, said new rules have forced the company to cancel its previous earnings forecast. Under existing rules,...