Profitloss Centerstage Events

Pigeons to measure air quality in London took center stage on Wednesday, 16 March 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

Brookfield Asset Management and Qube Holdings join forces to make...

Brookfield Asset Management and Qube Holdings join forces to make a $9.1 billion bid for Australian freight logistics company Asciano Limited. This strategic partnership demonstrates the continued interest of major players in Australia's logistics sector. The acquisition aims to capitalize on the potential of the Australian market and further expand the companies' presence in the region.

Monday, 14 March, 2016

Scientists in London release a flock of pigeons equipped with...

Scientists in London release a flock of pigeons equipped with small backpacks containing sensors to monitor air quality during periods of moderate to high pollution. The innovative project, known as "The Pigeon Air Patrol," uses the pigeons to collect data on nitrogen dioxide and ozone levels. This unique approach provides valuable insights into urban air pollution and its impact on public health.

Tuesday, 15 March, 2016

J.P. Morgan Chase announces the authorization of an additional $1.88...

J.P. Morgan Chase announces the authorization of an additional $1.88 billion share repurchase program through the end of the second quarter. This move demonstrates the bank's commitment to returning capital to shareholders amid concerns about slowing global growth. The approval by the Federal Reserve reflects confidence in J.P. Morgan's capital plan and aims to enhance shareholder value.

Wednesday, 16 March, 2016

Airbus Group agrees to sell its defense-electronics business to KKR...

Airbus Group agrees to sell its defense-electronics business to KKR & Co. for €1.1 billion ($1.24 billion). This divestment is part of Airbus' strategic restructuring to focus on higher-growth areas such as commercial aircraft, military planes, and space systems. Private-equity groups are increasingly targeting aerospace and defense products as valuations in the sector become more favorable.

Thursday, 17 March, 2016

Sherwin-Williams Company, a U.S.-based paint company, announces its acquisition of...

Sherwin-Williams Company, a U.S.-based paint company, announces its acquisition of rival company Valspar Corporation in an all-cash deal valued at approximately $9.3 billion. This acquisition expands Sherwin-Williams' presence in the paint market and strengthens its competitive position. The deal reflects the company's growth strategy and aims to create synergies in the highly competitive industry.

Friday, 18 March, 2016

Parliamentary elections are underway in a former Soviet republic (not...

Parliamentary elections are underway in a former Soviet republic (not specified). President Nursultan Nazarbayev's Nur Otan party is expected to win comfortably, maintaining control of the lower house of parliament. However, concerns about political activism and media restrictions cast doubt on the election's fairness and transparency, reducing the chances of Western observers considering it as free and fair.

Saturday, 19 March, 2016

Voters in the Republic of the Congo head to the...

Voters in the Republic of the Congo head to the polls for an election expected to extend President Denis Sassou Nguesso's 32-year rule. The media blackout accompanies the elections, and the president has a complex political history, including previous terms in office and returning to power after a civil war. The outcome will determine the country's political future and potential for democratic transition.

Sunday, 20 March, 2016