Profitloss Centerstage Events

20,000 USD for a Bitcoin took center stage on Saturday, 16 December 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

Unibail-Rodamco agrees to acquire Westfield Corporation, a shopping mall owner,...

Unibail-Rodamco agrees to acquire Westfield Corporation, a shopping mall owner, for $15.7 billion. The deal, subject to regulatory approval, combines the two companies' portfolios and expands Unibail-Rodamco's presence in the global retail market.

Monday, 11 December, 2017

Israel-based pharmaceutical company Teva announces a restructuring plan that includes...

Israel-based pharmaceutical company Teva announces a restructuring plan that includes a reduction of 14,000 jobs globally. The two-year plan aims to cut costs by $3 billion by the end of 2019. The restructuring is part of Teva's effort to improve its financial performance in the face of challenges in the generic drug market.

Tuesday, 12 December, 2017

The Walt Disney Company announces its intention to acquire a...

The Walt Disney Company announces its intention to acquire a significant portion of 21st Century Fox for $52.4 billion, pending regulatory approval. The deal encompasses Fox's film and television studios, cable entertainment networks, and international TV businesses. This acquisition is expected to have a significant impact on the media landscape.

Wednesday, 13 December, 2017

Nestlé SA is selling its tea brands, Sweet Leaf Tea...

Nestlé SA is selling its tea brands, Sweet Leaf Tea and Tradewinds, as part of its strategy to enhance performance. The sale will result in the formation of a new company, The Sweet Leaf Tea Co., led by private-equity firm Fireman Capital Partners and Dunn's River Brands. The financial terms of the deal were not disclosed.

Thursday, 14 December, 2017

Bitcoin reaches an all-time high of $19,783.06 USD per BTC,...

Bitcoin reaches an all-time high of $19,783.06 USD per BTC, marking a significant milestone for the cryptocurrency. Bitcoin's value has experienced a surge in popularity and investment, captivating the attention of investors and the public alike.

Friday, 15 December, 2017

Sebastián Piñera emerges as the winner in Chile's presidential run-off...

Sebastián Piñera emerges as the winner in Chile's presidential run-off election, defeating Alejandro Guillier. Piñera, who previously served as president from 2010 to 2014, is known for his support of Christian Democrat Eduardo Frei Ruiz-Tagle and his opposition to the arrest of Augusto Pinochet in 1998. He identifies his political philosophy as Christian humanism.

Saturday, 16 December, 2017

Sebastian Kurz assumes office as the new Chancellor of Austria,...

Sebastian Kurz assumes office as the new Chancellor of Austria, and a new government is inaugurated, marking a shift in leadership for the country.

Sunday, 17 December, 2017