Profitloss Centerstage Events

Agreements on the power plants between Siemens and Egypt took centerstage on Saturday, 14 March 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 2

Shareholders of Actavis PLC and Allergan Inc. approve Actavis's acquisition...

Shareholders of Actavis PLC and Allergan Inc. approve Actavis's acquisition of Allergan. With a value of $66 billion, the deal is set to close in the second quarter, creating one of the world's largest pharmaceutical companies. The combined entity will have substantial sales, led by Allergan's popular antiwrinkle treatment Botox, and is expected to strengthen the companies' positions in the global market.

Monday, 9 March, 2015

TPG Telecom agrees to acquire iiNet Ltd., an Australian internet...

TPG Telecom agrees to acquire iiNet Ltd., an Australian internet service provider, for AUD 1.4 billion. This move represents a significant development in Australia's telecommunications sector, challenging the dominance of Telstra Corp. The deal aims to enhance competition and expand TPG Telecom's presence in the market, providing customers with more options and potentially driving innovation and improved services.

Tuesday, 10 March, 2015

FIFA expels the Zimbabwe Football Association from qualifying for the...

FIFA expels the Zimbabwe Football Association from qualifying for the 2018 FIFA World Cup due to the association's failure to pay former head coach José Claudinei arrears. This decision highlights the importance of financial responsibility and adherence to contractual obligations within the realm of international sports, emphasizing the consequences for non-compliance.

Wednesday, 11 March, 2015

NASA reports the discovery of a salty ocean beneath the...

NASA reports the discovery of a salty ocean beneath the surface of Ganymede, Jupiter's largest moon. Scientists, utilizing the Hubble Space Telescope, uncover this significant finding, suggesting the presence of liquid water on this celestial body. This discovery contributes to our understanding of the potential for habitable environments beyond Earth and enhances our exploration of the solar system.

Thursday, 12 March, 2015

Siemens AG announces agreements worth €4 billion with the Egyptian...

Siemens AG announces agreements worth €4 billion with the Egyptian government to develop a combined-cycle power plant and wind-power capacity in the country. These agreements signify a major investment in Egypt's energy infrastructure, including the establishment of a factory for wind turbine rotor blade production. This collaboration aims to boost renewable energy generation and create employment opportunities, supporting Egypt's economic development.

Friday, 13 March, 2015

The Venezuelan parliament grants President Nicolás Maduro the power to...

The Venezuelan parliament grants President Nicolás Maduro the power to rule by decree for nine months in response to perceived threats from the US government and recent sanctions imposed on Venezuelan officials. This controversial move has sparked debates over the concentration of power and the implications for democracy and human rights in Venezuela, with critics viewing it as a potential expansion of executive authority.

Saturday, 14 March, 2015

Premera Blue Cross discloses a cyberattack that occurred in May...

Premera Blue Cross discloses a cyberattack that occurred in May 2014, compromising the personal data of 11 million customers, including bank account numbers. This incident highlights the increasing threat of cyberattacks on healthcare organizations and the potential risks to sensitive information.

Sunday, 15 March, 2015