Profitloss Centerstage Events

Announcement of end of Zika virus by WHO took centerstage on Friday, 18 November 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 2

Congolese Prime Minister Augustin Matata Ponyo resigns as part of...

Congolese Prime Minister Augustin Matata Ponyo resigns as part of a national dialogue framework agreement. The agreement stipulates that an opposition leader assumes the position of Prime Minister and endorses the 2018 presidential election proposed by the electoral commission, allowing President Joseph Kabila to remain in office until then.

Monday, 14 November, 2016

Russia has formally withdrawn its signature from the founding statute...

Russia has formally withdrawn its signature from the founding statute of the International Criminal Court (ICC), following the court's report labeling the annexation of Crimea as an occupation. This symbolic rejection undermines global efforts to pursue genocide, war crimes, and crimes against humanity. Recently, South Africa, Burundi, and Gambia have also signaled intentions to leave the ICC, citing bias towards Africa. Russia, which signed the Rome statute in 2000 but never ratified it, announced the move under President Vladimir Putin's orders, criticizing the tribunal as "one-sided and inefficient." Despite the symbolic nature of this gesture, it signals Russia's disinterest in future cooperation with the ICC.

Tuesday, 15 November, 2016

President Joseph Kabila appoints Samy Badibanga as the new Prime...

President Joseph Kabila appoints Samy Badibanga as the new Prime Minister of the Democratic Republic of the Congo. This appointment is a result of a power-sharing deal agreed upon by the opposition and the government, aiming to foster unity and stability in the country.

Wednesday, 16 November, 2016

The World Health Organization (WHO) declares an end to the...

The World Health Organization (WHO) declares an end to the global health crisis caused by the Zika virus. The virus, classified as a dangerous mosquito-borne disease, has raised concerns worldwide due to its potential impact on public health, similar to diseases such as malaria or yellow fever.

Thursday, 17 November, 2016

Facebook Inc. announces a $6 billion share repurchase program, marking...

Facebook Inc. announces a $6 billion share repurchase program, marking its first buyback since going public four years ago. The program, starting in the first quarter of 2017 with no specified end date, demonstrates Facebook's intention to invest in its own shares and utilize its substantial cash reserves for long-term growth and financial stability.

Friday, 18 November, 2016

Banco do Brasil SA, Latin America's largest bank, reveals plans...

Banco do Brasil SA, Latin America's largest bank, reveals plans to close a total of 402 branches across Brazil. This strategic move aims to reduce costs by up to $220 million annually and shift the bank's focus towards digital channels. Banco do Brasil intends to streamline services while optimizing operational efficiency in response to evolving customer preferences and the increasing importance of digital banking.

Saturday, 19 November, 2016

AT&T Inc., Dish Network Corp., and WPP PLC join forces...

AT&T Inc., Dish Network Corp., and WPP PLC join forces to acquire Invidi Technologies Corp., a company specializing in targeted television advertisements. The deal, expected to close in the first quarter, grants AT&T a controlling stake while allowing Invidi to maintain its independent operations. Invidi's technology enables advertisers to tailor ads to specific audiences based on their preferences or provided data, optimizing the effectiveness of TV advertising campaigns.

Sunday, 20 November, 2016