For decades, Asia has served as a factory for the rest of the world. However, the offshoring of production to that part of the world has resulted in the displacement of a number of environmental issues, starting with those caused by industrial scale production. In an interview, Jean-Philippe Filhol, Regional Director Asia Veolia Water Technologies for industrial markets, provides further insight...

Rockstar Games Company, the developer of the famous computer game Grand Theft Auto, filed a lawsuit against the British media corporation BBC. Rockstar Games has accused the broadcaster in trademark infringement in relation to the shooting BBC film ‘Game Changer’, which focuses on confrontation of Rockstar Games and a well-known enemy of "violent" games Jack Thompson. May 21, the famous developer...

When people talk about the success, they keep in mind the result of efforts aimed, not something that comes naturally. If a person becomes a millionaire as a result of a chain of events, patterns, or random, it can hardly be called a success. Another thing is when money becomes assessment of persistent activities and the use of talent. Luck favors those who are not afraid to take risks. How is...

American healthcare insurer CareFirst BlueCross BlueShield has disclosed that its website was hacked and the breach would possibly affect about 1.1 million customers.   It is revealed that the attack targeted a single database that contained information on customers as well as those who accessed its websites. The breach happened in June last year. The nonprofit company has around 3.4...

Computer Sciences Corporation has announced that the company would split into two separate publicly traded entities.   The company CEO Mike Lawrie has noted that the move will make the company business poised for long-term growth and leadership. “CSC began its turnaround three years ago. That turnaround has progressed strongly, and our focus now turns to positioning the business for...

Restructuring of the national oil company of Saudi Arabia, Saudi Aramco, may be a step that can shake the dynamics of the global oil and gas industry. The problem is that the company is often used for political purposes, while competitiveness may eventually decline. In 2014, a former top manager of Aramco said that to replace the reserves, new deposits, the volume of which should be about 35...

US-Irish drugmaker Endo International is planning to buy Par Pharmaceutical Holdings from investment firm TPG Capital in a deal valued at $8.05 billion to expand its generic portfolio.   The deal has been made only two months after the company dropped its plans to buy US-based Salix Pharmaceuticals. Endo has announced that the company will buy Par with18 million Endo shares valued at...

American retail group Ascena Retail Group has announced that it would acquire women clothing retail brands Ann Taylor and Loft in a deal valued at about $2 billion.   Ascena, that owns Lane Bryant and Dressbarn, has around 4,900 stores worldwide and is estimated to generate $7.3 billion in sales. According to the company’s CEO, “the transaction will make us part of a larger...

The French holding group Kering SA, which owns a significant number of premium brands, on Friday filed a lawsuit against Alibaba in US federal court in Manhattan, accusing the Chinese Internet giant in sale of counterfeit goods on its trading platforms, writes The Wall Street Journal. The lawsuit unites the claims of such Kering brands like Gucci, Balenciaga, Yves Saint Laurent (YSL) and others....