Profitloss Centerstage Events

Michael Phelps, with 22 Olympic gold medals, took center stage on Thursday, 11 August 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

Irom Chanu Sharmila, an Indian civil rights activist from Manipur,...

Irom Chanu Sharmila, an Indian civil rights activist from Manipur, ends her 16-year hunger strike against the Armed Forces (Special Powers) Act. Known as the "Iron Lady of Manipur," Sharmila's hunger strike aimed to abolish the act granting Indian armed forces extensive powers. Her courageous act and determination have made her the world's longest hunger striker and a symbol of resistance against human rights violations.

Monday, 8 August, 2016

Telstra, Australia's largest telecommunications company, announces a $2.31 billion investment...

Telstra, Australia's largest telecommunications company, announces a $2.31 billion investment in network upgrades over the next three years. This initiative follows recent network outages and aims to enhance customer experience. Additionally, Telstra plans to buy back $1.5 billion worth of shares after reporting a 37% rise in net profit. These strategic moves demonstrate Telstra's commitment to improving its network reliability and delivering value to shareholders.

Tuesday, 9 August, 2016

American swimmer Michael Phelps wins the gold medal in the...

American swimmer Michael Phelps wins the gold medal in the 200-meter individual medley at the Olympic Games in Rio de Janeiro. This victory makes Phelps the first swimmer to win gold medals in the same event at four consecutive Olympic Games and adds to his remarkable tally of 22 Olympic gold medals.

Wednesday, 10 August, 2016

Greenland sharks claim the title of the longest-living vertebrates on...

Greenland sharks claim the title of the longest-living vertebrates on Earth, with scientists estimating the age of one female shark to be around 400 years. Using radiocarbon dating, researchers discovered that these sharks grow at a rate of only 1cm per year and reach sexual maturity at approximately 150 years. This finding highlights the extraordinary longevity of these mysterious creatures.

Thursday, 11 August, 2016

Venezuelans, including 65-year-old retiree Marisol Sayago, cross the reopened border...

Venezuelans, including 65-year-old retiree Marisol Sayago, cross the reopened border into Colombia in search of basic supplies such as toilet paper and sugar. Venezuela's economic collapse has led to severe shortages, and many Venezuelans travel to neighboring countries to meet their essential needs. The reopening of the border provides temporary relief, but the challenging economic situation continues to impact the daily lives of Venezuelan citizens.

Friday, 12 August, 2016

Jamaican sprinter Usain Bolt secures his third gold medal in...

Jamaican sprinter Usain Bolt secures his third gold medal in the men's 100 meters at the Olympic Games in Rio de Janeiro. This remarkable achievement makes Bolt the first man in history to win three consecutive Olympic gold medals in the event, further solidifying his status as one of the greatest sprinters of all time.

Saturday, 13 August, 2016

Concho Resources Inc. expands its position in the Midland Basin...

Concho Resources Inc. expands its position in the Midland Basin by acquiring approximately 40,000 net acres from Reliance Energy for about $1.625 billion. The deal includes cash payment of around $1.1 billion and stock worth about $500 million. Additionally, Concho raises $1.178 billion from the sale of 9 million common shares, enabling the company to strengthen its financial position and support further growth in the oil and gas industry.

Sunday, 14 August, 2016