Profitloss Centerstage Events

A report on E-cigarettes took centerstage on Wednesday, 27 April 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

Venezuelan President Nicolás Maduro implements an energy-saving measure by granting...

Venezuelan President Nicolás Maduro implements an energy-saving measure by granting public sector employees Wednesdays, Thursdays, and Fridays off for at least two weeks. This measure aims to combat electricity shortages caused by drought and reduce energy consumption. Despite the reduced workweek, employees will receive full salaries. The ongoing economic hardships in Venezuela, including a severe recession and shortages of essential goods, have contributed to the need for energy-saving measures.

Monday, 25 April, 2016

The Royal College of Physicians in the United Kingdom releases...

The Royal College of Physicians in the United Kingdom releases a report stating that e-cigarettes are "much safer" than traditional tobacco smoking and should be promoted as a smoking cessation aid. The report emphasizes the significant evidence supporting the safety and efficacy of e-cigarettes in helping smokers quit. It also dispels concerns that e-cigarettes act as a gateway to smoking, suggesting that vaping could positively impact the lives of millions of people when used responsibly.

Tuesday, 26 April, 2016

Comcast's NBCUniversal acquires DreamWorks Animation for $3.8 billion. This acquisition...

Comcast's NBCUniversal acquires DreamWorks Animation for $3.8 billion. This acquisition marks a significant move in the media and entertainment industry, as NBCUniversal expands its portfolio by adding the well-known animation studio. The deal is expected to strengthen NBCUniversal's position in the global entertainment market and provide new opportunities for creative collaborations and content distribution.

Wednesday, 27 April, 2016

The new government of Kyrgyzstan is inaugurated, with Sooronbay Jeenbekov...

The new government of Kyrgyzstan is inaugurated, with Sooronbay Jeenbekov taking the oath of office as the Prime Minister. The transition of power represents a significant political development in Kyrgyzstan, highlighting the country's commitment to democratic processes and governance. The new government aims to address various socio-economic challenges and promote stability, progress, and the welfare of the Kyrgyz people.

Thursday, 28 April, 2016

Kenya conducts a symbolic burning of 105 tonnes of elephant...

Kenya conducts a symbolic burning of 105 tonnes of elephant ivory and 1.05 tonnes of rhinoceros horn to advocate for a total ban on the ivory trade. The act signifies Kenya's stance against poaching and illegal wildlife trafficking. President Uhuru Kenyatta emphasizes the worthlessness of ivory unless it remains on living elephants. The event serves as a call for international action to protect endangered species and combat the threats they face.

Friday, 29 April, 2016

Italy's Atlante fund agrees to purchase a 92% stake in...

Italy's Atlante fund agrees to purchase a 92% stake in Banca Popolare di Vicenza, an Italian bank. The fund acts as a backstop for troubled lenders and aims to support capital increases imposed by regulators. The purchase of unsold shares replaces the initial underwriter, UniCredit, in the transaction. Atlante's involvement underscores efforts to stabilize and strengthen Italy's banking sector amid regulatory requirements and challenges faced by financial institutions.

Saturday, 30 April, 2016

President Nicolás Maduro of Venezuela orders the country's clocks to...

President Nicolás Maduro of Venezuela orders the country's clocks to move forward by half an hour to UTC-04:00 to address the electricity shortage. This measure aims to take advantage of more sunlight during the day but reduces the sleeping time for Venezuelans.

Sunday, 1 May, 2016