The Strategist
Companies & CEOs

Blackberry announces job cuts to consolidate smartphone business - 05/23/2015

Canada-based smartphone maker Blackberry Ltd. has announced that it is cutting jobs at its offices around the world as it is working on a business consolidation plan.   The profits for the company through its smartphone business has dropped significantly over the past three years and this has forced the company to take over a consolidation plan. The cutbacks were announced so the company...

NAB to open second China branch - 05/23/2015

National Australia Bank is set to open its second branch in China.   The new branch of the bank will open in Beijing. The bank already has international operations in countries including New Zealand, United States and some parts of Europe as well as Asia. NAB is yet to get the regulatory approval from China Banking Regulatory Commission and is set to use the branch as a support for its...

Adani lines up buyers for Galilee Basin mine - 05/23/2015

India-based Adani Mining has signed contracts with buyers for selling nearly 70 percent of coal it plans to produce from its USD 16.5 billion Carmichael mine in Australia. Adani Australia CEO Jeyakumar Janakraj has announced that up to 70 percent of the production of coal was taken up by the customers and approval of the onshore dredging disposal option was anticipated well within the second...

Water Issues in Asia : An Interview With Jean-Philippe Filhol, Veolia Water Technologies - 05/22/2015

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 Sues BBC - 05/22/2015

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...

Successful People at Their 25 - 05/21/2015

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...

Carefirst discloses data breach - 05/21/2015

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 Services Corporation to split into two companies - 05/20/2015

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...

Consequences of Saudi Aramco's Restructuration - 05/20/2015

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...

Endo to buy Par pharma in $8.05 billion deal - 05/20/2015

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...
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