Profitloss Centerstage Events

The ceasing of operations of diamond mines in Zimbabwe took center stage on Monday, 22 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 4

Honda announces plans to expand its lineup of plug-in hybrids...

Honda announces plans to expand its lineup of plug-in hybrids and other electric vehicles. The company aims for electric vehicles to comprise two-thirds of global vehicle sales by around 2030, including plug-ins, gas-electric hybrids, and fuel-cell vehicles. Honda will focus its development resources on electrification, with plug-in hybrids and gas-electric hybrids expected to account for about half of future auto sales, while fuel-cell and electric vehicles may represent approximately 15%.

Monday, 22 February, 2016

Sharp Corporation reportedly accepts a 700 billion Japanese yen ($6.2...

Sharp Corporation reportedly accepts a 700 billion Japanese yen ($6.2 billion) takeover bid from Taiwan's Foxconn Technology Group, according to the Nikkei. This acquisition would bring together Sharp's display technology expertise with Foxconn's manufacturing capabilities, forming a significant partnership in the electronics industry.

Tuesday, 23 February, 2016

Canadian asset manager Brookfield Asset Management agrees to acquire U.S....

Canadian asset manager Brookfield Asset Management agrees to acquire U.S. REIT Rouse Properties for approximately $2.8 billion. This deal reflects the continued interest of investors in the real estate sector and demonstrates Brookfield's strategic expansion in the United States.

Wednesday, 24 February, 2016

Jamaica holds a general election, resulting in a narrow victory...

Jamaica holds a general election, resulting in a narrow victory for the Jamaican Labour Party led by Andrew Holness. The outcome of the election marks a shift in political leadership in the country.

Thursday, 25 February, 2016

Hashim Thaçi is elected as the President of Kosovo by...

Hashim Thaçi is elected as the President of Kosovo by the Parliament amid violent protests. Thaçi, a former guerrilla leader during the Kosovo conflict, secures the necessary majority in the third round of voting. The election process was marred by opposition lawmakers releasing tear gas in the parliament building.

Friday, 26 February, 2016

Golden State Warriors' Stephen Curry broke his own NBA record...

Golden State Warriors' Stephen Curry broke his own NBA record for most three-pointers in a season during a game against the Oklahoma City Thunder. Curry made 12 three-point shots, including a decisive one with only 0.6 seconds left in overtime, pushing his season total to 288. This surpasses his previous record of 286. With 24 games remaining, Curry is poised to extend this record well beyond 300 three-pointers.

Saturday, 27 February, 2016

China announces plans to lay off 1.8 million state workers,...

China announces plans to lay off 1.8 million state workers, around 15% of the workforce, in the coal and steel sectors to address overcapacity. The coal sector may see 1.3 million job losses, with an additional 500,000 job cuts in the steel sector. These sectors currently employ about 12 million workers. The move reflects China's efforts to address economic challenges and restructure its industries.

Sunday, 28 February, 2016