Profitloss Centerstage Events

The world's largest bee rediscovered in Indonesia, took center stage on Thursday, 21 February 2019 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

Honda confirms the closure of its car plant in Swindon,...

Honda confirms the closure of its car plant in Swindon, UK, by 2021 due to declining demand for diesel cars and stricter emissions regulations. The closure will result in the loss of approximately 3,500 jobs. Honda's decision reflects the challenges faced by the automotive industry in adapting to changing market trends and regulations.

Monday, 18 February, 2019

A female Fernandina Galápagos tortoise, thought to be extinct for...

A female Fernandina Galápagos tortoise, thought to be extinct for over a century, is discovered on Fernandina Island in the Galápagos. The tortoise species, Chelonoidis phantasticus, was last confirmed in 1906. The recent discovery brings hope for the conservation of this critically endangered species and offers an opportunity to study and protect it. It is considered a significant achievement in tortoise conservation efforts.

Tuesday, 19 February, 2019

The world's largest bee, Wallace's giant bee, is rediscovered on...

The world's largest bee, Wallace's giant bee, is rediscovered on an Indonesian island after decades of being considered lost to science. The giant bee, named after naturalist Alfred Russel Wallace, was last seen alive in 1981. Its rediscovery provides an opportunity for further research and conservation efforts to protect this vulnerable species, which has seen a decline in its population.

Wednesday, 20 February, 2019

Tesla delivers its first Model 3 cars in China, aiming...

Tesla delivers its first Model 3 cars in China, aiming to boost revenue in its second largest market. The company faced a looming tariff deadline but hopes to benefit from increased sales of the Model 3. Tesla aims to reverse its revenue decline in China, where it experienced a 13% drop in 2018. The company recently started construction on a Shanghai factory to increase its production capacity.

Thursday, 21 February, 2019

Roche agrees to acquire biotechnology firm Spark Therapeutics, based in...

Roche agrees to acquire biotechnology firm Spark Therapeutics, based in Philadelphia, to expand its presence in treating hemophilia. The deal is valued at $4.8 billion and is expected to close in the second quarter. Roche's acquisition aims to strengthen its portfolio and capabilities in the field of genetic disorders. The agreement reflects the ongoing consolidation and strategic moves within the biotechnology sector.

Friday, 22 February, 2019

Cuban voters are asked to approve a new constitution that...

Cuban voters are asked to approve a new constitution that introduces reforms such as the presumption of innocence for criminal defendants, recognition of private property, a ban on some forms of discrimination, a term limit for the president, and the restoration of the position of Prime Minister. The referendum presents an opportunity for Cubans to shape their country's governance and constitutional framework.

Saturday, 23 February, 2019

Senegal's President Macky Sall is re-elected with over 57% of...

Senegal's President Macky Sall is re-elected with over 57% of the vote, avoiding a runoff election. The Constitutional Council confirms the election results, stating that Sall won in 13 out of 14 regions. The peaceful voting process in Senegal allows for a democratic transition of power.

Sunday, 24 February, 2019