Profitloss Centerstage Events

The death of Robin Williams took center stage on Monday, 11 August 2014 among all major events across the globe, and remains the highlight of this week's list of center stage events.
Picture Courtesy: Profit loss

Centerstage events of week 2

The sale of the Los Angeles Clippers NBA team to...

The sale of the Los Angeles Clippers NBA team to former Microsoft CEO Steve Ballmer has been finalized. The record-breaking $2 billion deal was brokered by Shelly Sterling on behalf of the Sterling Family Trust. Ballmer expressed his gratitude and excitement for becoming the new owner, acknowledging the loyalty of Clippers fans.

Monday, 11 August, 2014

Miro Cerar secures an absolute majority of votes in the...

Miro Cerar secures an absolute majority of votes in the Slovenian parliament, becoming the new Prime Minister of Slovenia with endorsements from the Pensioner's Party DeSUS and outgoing PM Alenka Bratušek.

Tuesday, 12 August, 2014

Coca-Cola acquires a 16.7% stake in energy-drink maker Monster Beverage...

Coca-Cola acquires a 16.7% stake in energy-drink maker Monster Beverage Corp. for $2.15 billion in a risky move to boost declining sales. With global soda sales growth slowing, Coke aims to generate new ideas and reignite growth amidst challenges, particularly with Diet Coke.

Wednesday, 13 August, 2014

The Mexican government initiates a bidding process for the construction...

The Mexican government initiates a bidding process for the construction of a passenger railway connecting Mexico City and Querétaro, aiming to reintroduce interstate rail travel. The project, estimated to require an investment exceeding $3 billion, is part of President Enrique Peña Nieto's broader plan to develop passenger railways in Mexico.

Thursday, 14 August, 2014

The Sultan of Brunei expresses interest in acquiring iconic properties,...

The Sultan of Brunei expresses interest in acquiring iconic properties, including New York's Plaza Hotel, London's Grosvenor House, and the Dream Hotel in lower Manhattan, for approximately $2 billion. This move showcases Brunei's investment intentions and desire to expand its presence in the hospitality industry.

Friday, 15 August, 2014

Sumitomo Mitsui Financial Group acquires a 12.25% stake in Cambodia's...

Sumitomo Mitsui Financial Group acquires a 12.25% stake in Cambodia's largest lender, Acleda Bank, further highlighting Japanese companies' interest in growing Asian markets due to their expanding economies and youthful populations. The purchase was made from the International Finance Corp., a World Bank unit, as part of their partnership with Acleda.

Saturday, 16 August, 2014

Sensata Technologies announces its agreement to acquire Schrader, a tire-sensor...

Sensata Technologies announces its agreement to acquire Schrader, a tire-sensor maker, in a deal valued at $1 billion. The acquisition will expand Sensata's leadership position in pressure sensing and provide access to the growing low pressure sensor market, especially in tire pressure monitoring sensors.

Sunday, 17 August, 2014