Profitloss Centerstage Events

A report by Walk Free Foundation on modern slavery took center stage on Monday, 30 May 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 5

The Public Investment Fund of Saudi Arabia invests a significant...

The Public Investment Fund of Saudi Arabia invests a significant $3.5 billion in ride-hailing company Uber, marking the largest single investment the company has received to date.

Monday, 30 May, 2016

Switzerland inaugurates the world's longest and deepest rail tunnel, the...

Switzerland inaugurates the world's longest and deepest rail tunnel, the 57 km (35 miles) Gotthard Base Tunnel. This engineering marvel aims to enhance transportation efficiency and connectivity within Europe, providing a critical link for goods and passengers.

Tuesday, 31 May, 2016

Johnson & Johnson announces its acquisition of hair-products company Vogue...

Johnson & Johnson announces its acquisition of hair-products company Vogue International for $3.3 billion in cash. This move strengthens J&J's consumer business and marks its largest acquisition in the consumer-health market since previous challenges related to quality-control issues.

Wednesday, 1 June, 2016

The world mourns the passing of legendary boxer Muhammad Ali,...

The world mourns the passing of legendary boxer Muhammad Ali, a transformative figure who left an indelible impact on humanity through his athletic achievements and activism.

Thursday, 2 June, 2016

Business process outsourcing company Alorica Inc. acquires Expert Global Solutions...

Business process outsourcing company Alorica Inc. acquires Expert Global Solutions Inc., a move supported by One Equity Partners. The financial terms of the deal are not disclosed, but it marks a significant development in the outsourcing industry.

Friday, 3 June, 2016

Peruvian voters participate in the second round of the presidential...

Peruvian voters participate in the second round of the presidential election, with Keiko Fujimori and Pedro Pablo Kuczynski remaining as the candidates. Early results indicate a narrow lead for Kuczynski, with approximately 52% of the votes counted, showcasing a closely contested election.

Saturday, 4 June, 2016

Suning Commerce Group, a Chinese retail giant, announces its acquisition...

Suning Commerce Group, a Chinese retail giant, announces its acquisition of approximately 70% of Inter Milan, a top European soccer team, for €270 million ($307 million). This marks the first major deal by Chinese investors for control of a European soccer club and signifies the growing influence of Chinese investment in global sports.

Sunday, 5 June, 2016