Profitloss Centerstage Events

The EU banning inflatable boats to Libya took center stage on Monday, 17 July 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 3

Crown Castle International Corp. announces its agreement to acquire LTS...

Crown Castle International Corp. announces its agreement to acquire LTS Group Holdings LLC, the parent company of Lightower Fiber Networks, for approximately $7.1 billion. This acquisition will double Crown Castle's fiber-optic footprint and expand its presence in key Northeast metropolitan markets. The deal is expected to contribute significant site-rental revenue, adjusted earnings, and adjusted funds from operations, prompting Crown Castle to consider raising its annual dividend rate.

Monday, 17 July, 2017

Vietnam commits to ending the trafficking and farming of bears...

Vietnam commits to ending the trafficking and farming of bears by 2022. Concerns have been raised regarding the potential impact of closing bear farms without simultaneously addressing the demand for bear bile, as it could lead to increased hunting of wild bear populations. Surveys conducted in Vietnam indicate a low utilization of both farmed and wild bear bile, with individuals showing apathy toward its continued use. Consumers exhibit a preference for synthetic alternatives and non-animal-based products.

Tuesday, 18 July, 2017

Ram Nath Kovind emerges victorious in the Indian presidential election,...

Ram Nath Kovind emerges victorious in the Indian presidential election, securing over two-thirds of the total electoral college votes. Kovind, the 14th President of India, previously served as the Governor of Bihar and as a Member of Parliament. Before entering politics, he had a successful career as a lawyer, practicing in the Delhi High Court and the Supreme Court of India.

Wednesday, 19 July, 2017

Tuimalealiifano Va'aletoa Sualauvi II is appointed as O le Ao...

Tuimalealiifano Va'aletoa Sualauvi II is appointed as O le Ao o le Malo, or Head of State, in Samoa. He succeeds Tufuga Efi, who held the position since 2007. Prior to his appointment, Sualauvi II served in various roles, including police officer, lawyer, and Samoan Police Chief Inspector. He is an elder deacon and lay preacher for the Congregational Christian Church of Samoa.

Thursday, 20 July, 2017

A UK court rejects a £14 billion class-action lawsuit against...

A UK court rejects a £14 billion class-action lawsuit against Mastercard, which accused the company of overcharging more than 45 million people in Britain over a 16-year period. The competition appeal tribunal ruled that the case would not proceed to trial, thus denying the necessary collective proceedings order. This decision prevents what could have been the largest and most complex class-action case in British legal history, testing the limits of the Consumer Rights Act.

Friday, 21 July, 2017

Snooty, formerly the world's oldest West Indian manatee, tragically dies...

Snooty, formerly the world's oldest West Indian manatee, tragically dies at the age of 69 after becoming trapped in the plumbing system of the South Florida Museum. Snooty's unexpected demise leads to an outpouring of sadness and highlights the need for improved safety measures to protect marine animals.

Saturday, 22 July, 2017

Microsoft announces that Paint will no longer receive updates after...

Microsoft announces that Paint will no longer receive updates after the Windows 10 Fall Creators Update, as its features have been integrated into Paint 3D. The iconic software, which was first released 32 years ago, will be replaced by the more advanced 3D design tool.

Sunday, 23 July, 2017