Profitloss Centerstage Events

The United Nations Security Council was unable to reach an agreement on a resolution to prohibit the trade of Sierra Leone diamonds takes the centerstage among all global events which has happened over this week.
Picture Courtesy: Profit loss

Centerstage events of week 4

Stephen Yao, Chief Strategy Officer of ChinaTimes.com, stated that Yahoo!...

Stephen Yao, Chief Strategy Officer of ChinaTimes.com, stated that Yahoo! Inc. has acquired a stake of approximately 4% to 5% in ChinaTimes.com, a Taiwanese company. The internet firm has the option to increase its stake up to 10% in the next one or two years.

Monday, 26 June, 2000

Two members of staff at the U.N. Food and Agriculture...

Two members of staff at the U.N. Food and Agriculture Organization's mission in Baghdad are killed after an unidentified man entered the office and the army subsequently stormed the building, according to the FAO. A UN spokesman said that one international and one local staff member were shot dead and others were wounded in the incident. The identity of the man and the motive behind the attack remain unknown.

Tuesday, 27 June, 2000

The Prime Minister of India, Mr. Atal Behari Vajpayee, concluded...

The Prime Minister of India, Mr. Atal Behari Vajpayee, concluded his five-day foreign tour to two nations today, receiving an assurance from Portugal that it would support India's bid for a permanent seat at the United Nations Security Council.

Wednesday, 28 June, 2000

UniCredito Italiano SpA and Allianz AG have made a joint...

UniCredito Italiano SpA and Allianz AG have made a joint offer of $350 million (371.9 million euro) for 98.5% of Bulgaria's largest bank, Bulbank, which will be considered by the country's bank privatization agency on Friday. Petar Zhotev, the Deputy Prime Minister, has stated that he expects to approve the draft agreement. However, the bank's top management has publicly expressed criticism of the deal, stating that the offer price is too low.

Thursday, 29 June, 2000

The United Nations Security Council was unable to reach an...

The United Nations Security Council was unable to reach an agreement on a resolution to prohibit the trade of Sierra Leone diamonds, as members were split on whether to impose a time limit on the ban and to identify Liberia as a transit point for the illegal trade.

Friday, 30 June, 2000

After 71 years of one-party rule by the Institutional Revolutionary...

After 71 years of one-party rule by the Institutional Revolutionary Party (PRI), Vicente Fox makes history by being elected as the President of Mexico. He is the candidate of the right-wing National Action Party (PAN) and his victory marks a significant shift in Mexican politics. This event represents a turning point in the country's history as it symbolizes the end of PRI's dominance in Mexican politics and the beginning of a new era with more diverse political representation.

Saturday, 1 July, 2000

India a new power house in software exports. In the...

India a new power house in software exports. In the fiscal year of 1999-2000, India's software exports generated revenues of Rs. 17,150 crores ($4 billion), exceeding the target of Rs. 16,700 crores ($3.9 billion) and experiencing a 57% growth in terms of Indian rupees compared to the previous year.

Sunday, 2 July, 2000