Profitloss Centerstage Events

The announcement of introducing passenger drones in Dubai took center stage on Tuesday, 14th February 2017 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

The United Arab Emirates announces that a passenger drone, the...

The United Arab Emirates announces that a passenger drone, the Chinese model eHang 184, will begin "regular operations" in Dubai from July. The autonomous drone can carry one passenger and has a 30-minute flight time. Controlled by a command center, it can reach speeds of up to 100 miles per hour and travel 31 miles on a single battery charge, signaling advancements in transportation technology.

Monday, 13 February, 2017

India successfully launches a record-breaking 104 satellites on a single...

India successfully launches a record-breaking 104 satellites on a single mission, surpassing Russia's previous record. Most of the satellites are from foreign countries, highlighting India's emergence as a significant player in the space industry. This achievement showcases India's technological capabilities and positions the country as a major contender in the global space market.

Tuesday, 14 February, 2017

Mark Zuckerberg, CEO of Facebook, reveals a new mission statement...

Mark Zuckerberg, CEO of Facebook, reveals a new mission statement for the platform, emphasizing the development of artificial intelligence to identify potential tragic events, such as suicides, before they occur. The initiative reflects Facebook's commitment to using advanced technology for the greater social good and showcases the platform's potential impact on mental health and crisis prevention.

Wednesday, 15 February, 2017

Unilever, a British-Dutch consumer goods company, rejects a $143 billion...

Unilever, a British-Dutch consumer goods company, rejects a $143 billion takeover offer from Kraft Heinz, citing a lack of financial or strategic merit. Although Unilever declines the initial bid, Kraft Heinz expresses continued interest in reaching an agreement and has until March 17 to submit a final bid under UK takeover rules. This highlights the dynamics of the global consumer goods market and potential future negotiations.

Thursday, 16 February, 2017

Zealandia, a largely submerged landmass in the southwest Pacific, is...

Zealandia, a largely submerged landmass in the southwest Pacific, is proposed as a new continent by scientists. Zealandia, which includes New Zealand's visible mountain ranges, measures approximately five million square kilometers, making it comparable in size to neighboring Australia. The recognition of Zealandia as a continent sparks discussions among the scientific community about the definition and classification of continents.

Friday, 17 February, 2017

The Mongolian government, the International Monetary Fund, and other international...

The Mongolian government, the International Monetary Fund, and other international partners reach an agreement on a three-year, $5.5 billion economic stabilization package. The agreement aims to stabilize Mongolia's economy, which has been facing economic challenges, by implementing necessary reforms and addressing fiscal and monetary concerns. This collaboration demonstrates international support for Mongolia's economic development and financial stability.

Saturday, 18 February, 2017

The World Food Programme and other United Nations agencies declare...

The World Food Programme and other United Nations agencies declare a famine in parts of Unity State, South Sudan, with 100,000 people facing starvation and another million on the brink of famine. The dire situation highlights the urgent need for humanitarian assistance to alleviate hunger and prevent further loss of lives in the conflict-affected region.

Sunday, 19 February, 2017