Profitloss Centerstage Events

The unveiling of 3D atomic structure for rapid communication between brain cells took center stage on Monday, 17 August 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

SS&C Technologies Holdings agrees to acquire Citigroup's alternative investor services...

SS&C Technologies Holdings agrees to acquire Citigroup's alternative investor services business for $425 million. This move aligns with Citigroup's strategy to streamline its operations by divesting various businesses. The acquisition includes hedge-fund services and private-equity fund services, along with 1,500 employees, strengthening SS&C's position in the financial services industry.

Monday, 17 August, 2015

Stolen customer data from Ashley Madison, a dating website for...

Stolen customer data from Ashley Madison, a dating website for married individuals seeking extramarital affairs, is reportedly leaked on the dark web. The data, which allegedly includes member accounts and credit card details, was obtained by hackers who demanded the site's shutdown. While the authenticity of the leaked data remains unverified, the incident raises concerns about online privacy and security.

Tuesday, 18 August, 2015

Kazakhstan's currency, the tenge, experiences a 26% devaluation against the...

Kazakhstan's currency, the tenge, experiences a 26% devaluation against the US dollar shortly after the government announces a shift to a free-floating exchange rate system. The decision is prompted by the country's struggling economy, influenced by falling oil prices, as Kazakhstan heavily relies on oil exports. The devaluation aims to address economic challenges and adapt to the changing oil market conditions.

Wednesday, 19 August, 2015

Ranil Wickremesinghe assumes office as Sri Lanka's Prime Minister following...

Ranil Wickremesinghe assumes office as Sri Lanka's Prime Minister following a successful performance by his United National Front for Good Governance in the recent election. Wickremesinghe's appointment reflects a shift in Sri Lanka's political landscape, bringing hope for political stability and reforms under the new government.

Thursday, 20 August, 2015

Iran unveils an upgraded version of its short-range ballistic missile...

Iran unveils an upgraded version of its short-range ballistic missile called Fateh-313. President Rouhani highlights the missile's enhanced accuracy and emphasizes the importance of military strength in achieving regional peace. The missile, with improved launch capabilities and a range of 500 kilometers, represents Iran's commitment to advancing its defense capabilities.

Friday, 21 August, 2015

Britain and Iran reopen their embassies in each other's capitals,...

Britain and Iran reopen their embassies in each other's capitals, signaling a restoration of diplomatic relations after the British embassy in Tehran was stormed by protesters in 2011. The reopening of embassies signifies an improved diplomatic relationship between the two countries and an opportunity for enhanced cooperation in various areas of mutual interest.

Saturday, 22 August, 2015

Southern Company acquires AGL Resources, a natural gas utility, for...

Southern Company acquires AGL Resources, a natural gas utility, for $12 billion. This move allows Southern to tap into the growing gas market and expand its customer base, becoming the second-largest utility in the US. With the demand for affordable natural gas on the rise, Southern aims to offset its rising costs and capitalize on the growth opportunities presented by the natural gas sector.

Sunday, 23 August, 2015