Profitloss Centerstage Events

Boris Johnson becoming the 55th Prime Minister of the UK took center stage on Wednesday, 24 July 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 4

Beijing Automotive Group acquires a small stake in Daimler AG,...

Beijing Automotive Group acquires a small stake in Daimler AG, increasing Chinese ownership in the German auto maker to around 15%. The move strengthens the alliance between the two companies, known as Beijing Benz Automotive Group Co., but raises concerns in Europe about Chinese influence in key industries.

Monday, 22 July, 2019

Boris Johnson is asked by the Queen to form a...

Boris Johnson is asked by the Queen to form a new administration, making him the 55th Prime Minister of the United Kingdom. Johnson's appointment follows the resignation of Theresa May and marks a significant transition in British politics amidst ongoing discussions about Brexit.

Tuesday, 23 July, 2019

Beji Caid Essebsi, the first freely-elected President of Tunisia, passes...

Beji Caid Essebsi, the first freely-elected President of Tunisia, passes away at the age of 92. Tunisian parliament President Mohamed Ennaceur assumes the role of interim president. Essebsi played a crucial role in Tunisia's transition to democracy and led the country as its president from December 2014 until his death.

Wednesday, 24 July, 2019

The U.S. Department of Justice approves the $26 billion merger...

The U.S. Department of Justice approves the $26 billion merger between T-Mobile and Sprint, paving the way for the creation of the third-largest mobile network operator in the United States. The merger aims to enhance competition in the telecommunications industry and facilitate the deployment of 5G networks.

Thursday, 25 July, 2019

Apple announces an agreement to acquire the majority of Intel's...

Apple announces an agreement to acquire the majority of Intel's smartphone modem business for $1 billion. This acquisition allows Apple to strengthen its wireless technology patent portfolio and focus on developing 5G technology. Intel retains the ability to develop modems for non-smartphone applications.

Friday, 26 July, 2019

London Stock Exchange Group reveals advanced talks to acquire financial-information...

London Stock Exchange Group reveals advanced talks to acquire financial-information and terminal business Refinitiv Holdings Ltd. from a consortium led by Blackstone Group for nearly $15 billion. The deal highlights the growing importance of data as a new source of growth for global exchange operators. LSE aims to expand its business as a data provider to investors and companies, reinforcing its position in the market.

Saturday, 27 July, 2019

The wild tiger population in India has increased by over...

The wild tiger population in India has increased by over 30% since 2015, according to the Wildlife Protection Society of India. With 2,967 tigers, India now has one of the largest and safest habitats for these endangered species. Prime Minister Narendra Modi hails this as a historic achievement, raising hopes for the survival and conservation of tigers.

Sunday, 28 July, 2019