A giant in the booming "green" industry will be born next month when Paris-based utility Suez SA spins off its environment unit into a stand-alone company. The new company, to be called Suez Environment, will focus on the businesses of…
Panasonic announced mid- and long-term environmental management plans Tuesday, beginning with the designation of its Kusatsu manufacturing facility as a “Eco Ideas Factory.” The Kusatsu Factory of Matsushita Home Appliances Co. will serve as a testing ground for three of…
Banking giant HSBC has come under attack after proposing changes to its pension schemes which union leaders claim will leave staff in a "precarious" financial position. The bank maintained that the proposals involved an investment in pensions and would improve…
Greenpeace activists delivered 500 Philips television sets and 100 pieces of Philips electronic equipment to the company’s headquarters in Amsterdam. The e-waste was obtained from an e-waste trader; this very same e-waste would most probably have ended up on a…
HEWLETT-Packard is striving to have a workforce profile that reflects the diverse one billion people using HP products worldwide. This would see the Fortune 500 company embarking on retraining women or attracting more women to join it, said vice-president of…
Giant biotech companies are privatising the world's protection against climate change by filing hundreds of monopoly patents on genes that help crops resist it, a new investigation has concluded. The study — by the authoritative Action Group on Erosion, Technology…
Following Tesco’s recent legal wrangle with the Guardian over allegations of corporation tax avoidance, the retailer’s tax affairs have one again hit the headlines. It turns out that the retailer is engaging in corporation tax avoidance schemes, after all. Private…
In a move to speed the development of alternative fuels that don't consume food crops, oil giant Chevron and timber behemoth Weyerhaeuser are setting up a joint venture called Catchlight Energy. The companies said Friday the venture will pursue new…
UBS AG is considering whether to reveal the names of up to 20,000 wealthy American clients as federal authorities intensify an investigation into offshore bank accounts, the New York Times said on Friday, citing people close to the inquiry. Federal…
Habitat for HumanityInternational and Nissan North America Inc. (NNA) announced today the renewalof an annual $1 million partnership. Through the partnership, Nissan will fundthe construction of affordable houses that conserve energy and water, supportongoing Habitat for Humanity homebuilding projects and…
