Profitloss Centerstage Events

Sumo Wrestler Hakuho Sho wins 33rd Makuuchi championship and takes centerstage on Saturday, 24th January 2015 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 3

Oil services company Baker Hughes Inc. announces plans to lay...

Oil services company Baker Hughes Inc. announces plans to lay off approximately 7,000 workers due to declining crude oil prices. Despite reporting significant net income in the fourth quarter of 2014, the company anticipates a downturn and aims to prepare for the challenging market conditions. The decision reflects the impact of falling oil prices on the oil services industry, leading to cost-cutting measures.

Monday, 19 January, 2015

Gazprom, the Russian state-owned gas company, reveals its intention to...

Gazprom, the Russian state-owned gas company, reveals its intention to redirect its European natural gas pipeline from Ukraine to Turkey, utilizing a proposed route beneath the Black Sea. This unexpected move raises concerns about Europe's energy security and impacts Gazprom's relationship with Ukraine. The decision to shift gas flows is seen as a blow to Ukraine and prompts discussions about Europe's reliance on Russian gas.

Tuesday, 20 January, 2015

The European Central Bank (ECB) announces plans to purchase €60...

The European Central Bank (ECB) announces plans to purchase €60 billion in assets each month starting in March, as part of an aggressive bond-buying program. This move is aimed at revitalizing the eurozone economy and stimulating growth. While the ECB's action initially boosts market sentiment, President Mario Draghi emphasizes the importance of structural reforms, investment, and confidence in achieving long-term economic recovery in the region.

Wednesday, 21 January, 2015

Yemeni President Abdu Rabu Mansour Hadi, Prime Minister Khaled Bahah,...

Yemeni President Abdu Rabu Mansour Hadi, Prime Minister Khaled Bahah, and the Yemeni cabinet tender their resignations amid political turmoil. The Houthi rebels, a Shiite Muslim group, escalate their control in the country, culminating in the kidnapping of the presidential Chief of Staff. Though a tentative agreement is reached to address the situation, doubts arise regarding the rebels' commitment to upholding the accord, leading to further instability in Yemen.

Thursday, 22 January, 2015

Sumo wrestler Hakuhō Shō achieves a record-breaking 33rd makuuchi championship,...

Sumo wrestler Hakuhō Shō achieves a record-breaking 33rd makuuchi championship, surpassing Taihō's longstanding record. This accomplishment solidifies Hakuhō Shō's place in sumo history, marking the most top division championships ever won. Known for his exceptional skills and longevity in the sport, he continues to set new records and demonstrates his dominance in the world of sumo wrestling.

Friday, 23 January, 2015

Edgar Lungu, representing the ruling Patriotic Front party, emerges as...

Edgar Lungu, representing the ruling Patriotic Front party, emerges as the winner of the Zambian presidential election. Lungu's victory solidifies his position as the elected leader of Zambia, with the responsibility of guiding the country's political and economic development. The outcome of the election sets the path for Lungu's tenure and shapes the future trajectory of Zambia under his leadership.

Saturday, 24 January, 2015

Miss Colombia, Paulina Vega, is crowned Miss Universe in Miami,...

Miss Colombia, Paulina Vega, is crowned Miss Universe in Miami, Florida, becoming the second Colombian to win the prestigious title. With her victory, Vega follows in the footsteps of Miss Universe 2013, Gabriela Isler from Venezuela. The pageant, featuring 87 contestants, culminates in Vega's triumph, solidifying her place in the history of Miss Universe and bringing pride to her home country of Colombia.

Sunday, 25 January, 2015