Profitloss Centerstage Events

Apple approving the development of an electric car took centerstage on Monday, 21 September 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

Volkswagen announces that approximately 11 million vehicles may have been...

Volkswagen announces that approximately 11 million vehicles may have been equipped with emission control software. The company sets aside €6.5 billion to cover potential fines, repairs, and litigation expenses related to the issue. This revelation raises concerns about Volkswagen's compliance with emissions standards and prompts investigations into the matter.

Monday, 21 September, 2015

The military coup in Burkina Faso, which took place on...

The military coup in Burkina Faso, which took place on September 17, comes to an end as the provisional government is overthrown. Michel Kafando is reinstated as president, and Isaac Zida returns to his position as Prime Minister. The coup leaders admit their mistake and relinquish their control, paving the way for the restoration of the country's government.

Tuesday, 22 September, 2015

Facebook's Internet.org initiative, which provides free Internet access in developing...

Facebook's Internet.org initiative, which provides free Internet access in developing countries, faces criticism in India and Indonesia for alleged violations of net neutrality principles. Users express frustration over limited access to certain websites and claim that the initiative falls short. Despite Facebook CEO Mark Zuckerberg's influence, the program receives backlash from users who perceive it as inadequate.

Wednesday, 23 September, 2015

Nigeria achieves a significant milestone in global efforts to eradicate...

Nigeria achieves a significant milestone in global efforts to eradicate polio, successfully stopping transmission of the disease within the country. This leaves only Pakistan and Afghanistan as the remaining countries with active transmission. However, eliminating the virus in these two countries poses substantial challenges. The global target for polio eradication is pushed back to 2019, with the need for additional funding of $1.5 billion.

Thursday, 24 September, 2015

The United States and China make significant commitments to combat...

The United States and China make significant commitments to combat climate change. China pledges to launch a program by 2017 to cap emissions and put a price on carbon, while also contributing $3.1 billion to assist developing nations in their transition efforts. These actions demonstrate the countries' dedication to meeting emissions targets and strengthen the global accord on reducing carbon emissions.

Friday, 25 September, 2015

Vocus Communications and M2 Group agree to merge, creating a...

Vocus Communications and M2 Group agree to merge, creating a telecommunications company valued at over AUD 3 billion. This consolidation is part of a larger trend in the Australian telecommunications industry aimed at challenging the dominance of Telstra. The merger positions the combined entity as the fourth-largest telecoms company in Australia by market value and the third largest in New Zealand, narrowing the gap with Telstra.

Saturday, 26 September, 2015

NASA announces the discovery of the strongest evidence yet for...

NASA announces the discovery of the strongest evidence yet for liquid water on Mars. The water, although highly poisonous, contains dissolved salts that could potentially support microbial life. This finding ignites excitement about the possibility of life beyond Earth and opens new avenues for future exploration and research on the Red Planet.

Sunday, 27 September, 2015