Profitloss Centerstage Events

Licencing of GMO of human embryos took center stage on Monday, 1 February 2016 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 1

Chinese authorities arrest 21 individuals involved in the Ezubao online...

Chinese authorities arrest 21 individuals involved in the Ezubao online finance scheme, accused of defrauding 900,000 people in a $7.6 billion Ponzi scheme.

Monday, 1 February, 2016

China's state-owned ChemChina offers to acquire Swiss pesticide and seed...

China's state-owned ChemChina offers to acquire Swiss pesticide and seed manufacturer Syngenta for $43 billion. The deal represents one of the largest foreign takeover attempts by a Chinese company. Syngenta's shares surge in response to the offer.

Tuesday, 2 February, 2016

The World Health Organization declares the Zika virus spread a...

The World Health Organization declares the Zika virus spread a global public health emergency. Linked to cases of microcephaly, the virus poses a significant threat. The WHO's alert aims to accelerate research and aid efforts to combat the infection, which has seen a rise in microcephaly cases, particularly in Brazil.

Wednesday, 3 February, 2016

Argentina's President, Mauricio Macri, offers $6.5 billion in cash to...

Argentina's President, Mauricio Macri, offers $6.5 billion in cash to settle liabilities with holdout creditors, resolving a longstanding legal battle stemming from the country's 2002 default.

Thursday, 4 February, 2016

Tunisia completes the construction of a 200km barrier along its...

Tunisia completes the construction of a 200km barrier along its border with Libya, aiming to prevent the infiltration of terrorists trained in Libya.

Friday, 5 February, 2016

Haitian politicians reach a last-minute agreement to establish a transitional...

Haitian politicians reach a last-minute agreement to establish a transitional government, preventing an immediate power vacuum. Under the agreement, parliament will elect an interim president for a four-month term, as President Michel Martelly's term comes to an end. The runoff election, previously postponed due to concerns of violence and fraud allegations, is rescheduled for April 24.

Saturday, 6 February, 2016

The French data protection authority gives Facebook three months to...

The French data protection authority gives Facebook three months to cease tracking non-users' web activity without consent and to halt certain transfers of personal data to the United States. This action follows a ruling last year that invalidated the transatlantic Safe Harbour agreement, requiring companies to establish alternative legal arrangements for data transfers. While a new pact has been agreed upon, European authorities need more time to decide on potential restrictions.

Sunday, 7 February, 2016