Profitloss Centerstage Events

A $ 7 Billion pledge by the EU to curb illegal immigrants to Turkey Center stage on Thursday, 31 March 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

Dexus Property Group, Australia's largest office landlord, sweetens its bid...

Dexus Property Group, Australia's largest office landlord, sweetens its bid for Investa Office Fund in an effort to secure the $2.6 billion deal amid strong demand for commercial property in Australia. Shareholders of Investa Office will receive an additional 7 Australian cents per share as a special distribution, subject to the merger's success. The acquisition would further consolidate Dexus's dominance in the listed office trust sector.

Monday, 28 March, 2016

State Street Corp. agrees to acquire General Electric Co.'s asset-management...

State Street Corp. agrees to acquire General Electric Co.'s asset-management unit for up to $485 million, aiming to expand its money-management division. The deal includes GE's U.S. benefits plans and third-party institutional clients' assets, managing over $100 billion. State Street Global Advisors, known for index-tracking funds, seeks to diversify its money management capabilities with private-equity and real-estate investments.

Tuesday, 29 March, 2016

The European Union pledges nearly $7 billion and other concessions...

The European Union pledges nearly $7 billion and other concessions to Turkey to assist in curbing the influx of migrants and addressing the large number of Syrians currently residing in the country. The implementation of the deal on asylum seekers begins with the transfer of the first group of migrants back to Turkey. The agreement aims to discourage refugees from using smugglers to reach nearby Greek islands and provides for a one-for-one arrangement in relocating Syrian refugees to EU countries.

Wednesday, 30 March, 2016

Amidst the Nuclear Security Summit in Washington, D.C., where global...

Amidst the Nuclear Security Summit in Washington, D.C., where global leaders are discussing North Korea among other topics, South Korean officials report that North Korea has launched a ballistic missile off its east coast.

Thursday, 31 March, 2016

A committee of 27 companies and trade associations, established by...

A committee of 27 companies and trade associations, established by the U.S. Federal Aviation Administration (FAA), submits recommendations that could pave the way for commercial drone flights over populated areas and accelerate the use of delivery drones. The proposed regulations aim to address safety concerns and promote the integration of drones into various industries, including package delivery services.

Friday, 1 April, 2016

The Panama Papers, comprising 11.5 million leaked documents, are made...

The Panama Papers, comprising 11.5 million leaked documents, are made public, revealing financial and attorney-client information for over 214,488 offshore entities. These documents, obtained from Panamanian law firm Mossack Fonseca, shed light on previously undisclosed personal financial activities of wealthy individuals and public officials. The Panama Papers expose instances of illegal usage of offshore entities, such as fraud, tax evasion, and evasion of international sanctions, leading to legal repercussions for some individuals involved.

Saturday, 2 April, 2016

Alaska Airlines announces its plans to acquire Virgin America for...

Alaska Airlines announces its plans to acquire Virgin America for $4 billion, a move that would expand Alaska Airlines' presence and strengthen its position in the airline industry.

Sunday, 3 April, 2016