Profitloss Centerstage Events

The referendum for a new constitution in Cuba took center stage on Wednesday, 10 April 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 2

Debenhams, a prominent UK department store, enters administration and is...

Debenhams, a prominent UK department store, enters administration and is taken over by its lenders. The pre-pack administration deal enables the 165 outlets to continue trading, but about 50 stores face potential closure. Shareholders, including Sports Direct, suffer losses, and store closures may result in job losses. The move comes as Debenhams grapples with declining revenue and efforts to rebuild its VIP business.

Monday, 8 April, 2019

Cuba holds a constitutional referendum, with voters approving a new...

Cuba holds a constitutional referendum, with voters approving a new constitution that introduces reforms such as the presumption of innocence, recognition of private property, a term limit for the president, and the restoration of the position of Prime Minister. The constitutional changes aim to modernize Cuba's legal framework and address various social and political issues in the country.

Tuesday, 9 April, 2019

WikiLeaks founder Julian Assange is arrested in London after Ecuador...

WikiLeaks founder Julian Assange is arrested in London after Ecuador revokes his asylum. He faces charges of breaching bail in the UK and potential extradition to the US, where he is accused of conspiring with Chelsea Manning to obtain classified government files. Assange's arrest marks a significant development in the legal battle surrounding his role in publishing classified information.

Wednesday, 10 April, 2019

Sudan experiences a coup d'état as President Omar al-Bashir is...

Sudan experiences a coup d'état as President Omar al-Bashir is overthrown by the military following popular protests. The army forms an interim council, led by First Vice President Lt. General Ahmed Awad Ibn Auf, and declares a state of emergency for three months. This event marks a turning point in Sudan's political landscape, triggering a transitional period before a subsequent agreement is reached.

Thursday, 11 April, 2019

The last known female Yangtze giant softshell turtle, one of...

The last known female Yangtze giant softshell turtle, one of the world's largest and most endangered freshwater turtle species, dies at Suzhou Zoo in China. The loss of this individual highlights the critical state of the species and the urgent need for conservation efforts to protect and preserve their habitat.

Friday, 12 April, 2019

The world's largest aeroplane by wingspan, built by Stratolaunch, takes...

The world's largest aeroplane by wingspan, built by Stratolaunch, takes its first flight. Designed as a flying launch pad for satellites, the aircraft aims to release satellites into orbit from an altitude of 10 km (6.2 miles). With a wingspan of 385 ft (117 m), it offers a potentially cost-effective alternative for space launches. The successful maiden flight marks a significant milestone in aerospace innovation.

Saturday, 13 April, 2019

AT&T sells its 10% stake in Hulu to Hulu LLC...

AT&T sells its 10% stake in Hulu to Hulu LLC for $1.43 billion, highlighting the ongoing competition and expansion efforts among global gambling companies. The deal provides a value of $7.1 billion for Hulu, with 50% of the amount to be paid in cash and the other 50% in Wynn shares. Crown Resorts, the subject of the offer, is yet to evaluate the proposal.

Sunday, 14 April, 2019