Profitloss Centerstage Events

The 2000 Summer Olympics, also known as the XXVII Olympiad, opens in Sydney takes the centerstage among all global events which has happened over this week.
Picture Courtesy: Profit loss

Centerstage events of week 2

In a first, and a significant advancement towards creating a...

In a first, and a significant advancement towards creating a cancer vaccine for humans, French scientists have made progress in developing a compound that combines protein fragments from a bacteria and cancer cell. The resulting mixture can selectively activate the immune system to attack cancer cells in mice, as reported by the researchers. Their findings will be published in the Journal of Immunology later this week.

Monday, 11 September, 2000

Millions of people around the world are living on less...

Millions of people around the world are living on less than $1 a day. In light of criticisms accusing the World Bank of favoring corporate and elite interests in developing countries, the organization conducted a study and concluded that its efforts to combat poverty will not be effective without empowering the poor to have more political influence. The bank, which is owned by 181 countries including the US, acknowledged that economic growth alone will not solve the problem of global poverty due to the existing political and economic structures that favor the wealthy and powerful. According to the report, empowering the impoverished by increasing their responsiveness and access to state and social institutions is a crucial component of poverty reduction.

Tuesday, 12 September, 2000

Windows ME (Millennium Edition) is released by Microsoft on as...

Windows ME (Millennium Edition) is released by Microsoft on as the successor to Windows 98. It is designed as an upgrade for home users, featuring improved multimedia capabilities, support for DVD playback, and Internet Explorer 5.5. Windows ME also introduced System Restore, which allows users to return their system to a previous state if it encountered issues.

Wednesday, 13 September, 2000

The 2000 Summer Olympics, also known as the XXVII Olympiad,...

The 2000 Summer Olympics, also known as the XXVII Olympiad, opens in Sydney, Australia. A total of 199 teams from around the world participated in the event, with athletes competing in 300 different events across 28 sports. The opening ceremony featured a variety of Australian cultural performances, including a display of Aboriginal art, and the lighting of the Olympic cauldron was performed by Cathy Freeman, an Australian Aboriginal track and field athlete.

Thursday, 14 September, 2000

Shares of Glaxo Wellcome PLC and SmithKline Beecham PLC rose,...

Shares of Glaxo Wellcome PLC and SmithKline Beecham PLC rose, while shares of Skidded Green PLC fell, following news of additional regulatory delays in the proposed merger between the two British pharmaceutical companies. The merger, valued at £48.8 billion ($69.26 billion or 79.78 billion euros), has already experienced setbacks due to a slow antitrust review by the U.S. Federal Trade Commission. The expected completion date has been pushed back from the originally planned September 25 to an unspecified date by the end of the year. If the merger ultimately goes through, the combined company would become the largest pharmaceutical firm in the world in terms of annual revenue.

Friday, 15 September, 2000

According to witnesses, the military authorities obstructed the route to...

According to witnesses, the military authorities obstructed the route to the headquarters of Myanmar's democratic opposition on Saturday, just two days after declaring the relaxation of stringent limitations against the party, which is helmed by Aung San Suu Kyi.

Saturday, 16 September, 2000

Starting this week, the previous British Gas will initiate the...

Starting this week, the previous British Gas will initiate the division of its operations into a pipeline entity and an energy exploration and production firm, as per its long-standing plan. Although investors may be eager to learn the details, they have already taken a considerable risk by investing in the company. Since the announcement of the plan in March, the company's stock has surged by 38% to 420 pence ($5.86 or 6.86 euros).

Sunday, 17 September, 2000