Profitloss Centerstage Events

323 reindeer dying due to lightning took center stage on Monday, 29 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 5

The European Union orders Apple to pay 13 billion euros...

The European Union orders Apple to pay 13 billion euros in back taxes to Ireland after a three-year investigation. The EU concludes that Apple received "illegal state aid," and demands payment along with interest and unpaid taxes. This ruling marks a significant development in the ongoing scrutiny of multinational companies' tax arrangements within the EU.

Monday, 29 August, 2016

Dilma Rousseff, the President of Brazil, is removed from office...

Dilma Rousseff, the President of Brazil, is removed from office by a Senate vote. Acting President Michel Temer assumes office until the end of Rousseff's term in January 2019. This decision concludes a tumultuous impeachment process that divided the country and led to political upheaval in Brazil.

Tuesday, 30 August, 2016

Ali Bongo is re-elected as President of Gabon, triggering violent...

Ali Bongo is re-elected as President of Gabon, triggering violent protests and allegations of electoral fraud. The announcement of Bongo's victory leads to two days of rioting, resulting in three fatalities and hundreds of arrests. The disputed election outcome and subsequent unrest highlight the political tensions and divisions within the country.

Wednesday, 31 August, 2016

The Great Elephant Census reveals a significant decline in the...

The Great Elephant Census reveals a significant decline in the African elephant population, estimating it to be around 352,271 individuals in 93% of their range. The comprehensive survey, costing $7 million, indicates a decrease of nearly one-third between 2007 and 2014. These findings underscore the urgent need for conservation efforts to protect and preserve the dwindling elephant population.

Thursday, 1 September, 2016

São Tomé and Príncipe holds presidential elections, initially resulting in...

São Tomé and Príncipe holds presidential elections, initially resulting in the victory of Evaristo Carvalho of the Independent Democratic Action party. However, the results are later annulled, leading to a second round between Carvalho and incumbent President Manuel Pinto da Costa. Pinto da Costa boycotts the second round, and Carvalho is ultimately elected unopposed, solidifying his position as the country's leader.

Friday, 2 September, 2016

In South Carolina, over 3 million bees perish after exposure...

In South Carolina, over 3 million bees perish after exposure to pesticides intended for Zika virus-carrying mosquitoes. The unintended consequence highlights the potential environmental risks associated with mosquito control measures. The incident raises concerns about the impact of such pesticides on pollinators and emphasizes the need for caution in implementing pest management strategies to safeguard vulnerable species.

Saturday, 3 September, 2016

Blue Water Energy, a private equity firm founded in 2011,...

Blue Water Energy, a private equity firm founded in 2011, has raised over $800 million for its second fund. The company focuses on investing in midmarket oil and gas companies primarily based in Europe, typically providing equity tickets ranging from $50 million to $150 million per deal. It is currently considering acquiring assets in the North Sea from Royal Dutch Shell.

Sunday, 4 September, 2016