1495day.year
A monk, John Cor, records the first known batch of Scotch whisky.
In 1495, Scottish monk John Cor made the earliest recorded mention of Scotch whisky production.
John Cor documented the distillation of 'aqua vitae' in the Exchequer Rolls of Scotland, marking the first written record of Scotch whisky.
This entry highlights early royal interest in the spirit as a valued commodity.
Over the centuries, whisky production grew into a cornerstone of Scottish economy and identity.
Techniques evolved from small-scale monastic distilleries to large commercial operations.
Today, Scotch whisky remains an iconic export, celebrated for its craftsmanship and heritage.
1495
monk
John Cor
Scotch whisky
1961day.year
The Canadian Bank of Commerce and Imperial Bank of Canada merge to form the Canadian Imperial Bank of Commerce, the largest bank merger in Canadian history.
Two major Canadian banks merged to form the Canadian Imperial Bank of Commerce.
On June 1, 1961, the Canadian Bank of Commerce and the Imperial Bank of Canada joined forces in a landmark merger, creating the Canadian Imperial Bank of Commerce (CIBC). This union formed one of the largest banks in Canada, aiming to strengthen financial services, expand branch networks, and enhance competitive positioning. The merger reflected a broader trend of consolidation in the global banking industry, reshaping Canada's financial landscape and influencing banking practices for decades to come.
1961
Canadian Bank of Commerce
Imperial Bank of Canada
Canadian Imperial Bank of Commerce
1978day.year
The first international applications under the Patent Cooperation Treaty are filed.
The first international patent applications were filed under the new Patent Cooperation Treaty.
On June 1, 1978, inventors and companies submitted the first international patent applications under the Patent Cooperation Treaty (PCT), streamlining the process for seeking patent protection across multiple countries with a single filing. The treaty reduced costs and administrative burdens, facilitating global innovation and technology transfer. The PCT remains a cornerstone of the international intellectual property system, enabling inventors to secure broader protections and supporting collaborative research and development worldwide.
1978
Patent Cooperation Treaty
1998day.year
European Central Bank is founded in Brussels.
The European Central Bank is established in Brussels, centralizing monetary policy for the eurozone.
On June 1, 1998, the European Central Bank (ECB) was founded in Brussels as the central monetary authority for the euro.
Its primary mandate was to maintain price stability by controlling inflation across member states.
The ECB began operations with the coordination of national central banks, laying groundwork for the European Monetary Union.
It introduced key policy tools, including setting interest rates and overseeing foreign exchange operations.
Headquartered in Frankfurt from 1999, the ECB played a critical role in the introduction of the euro currency.
Over time, it has navigated challenges such as the global financial crisis and sovereign debt emergencies in Europe.
1998
European Central Bank
Brussels
2009day.year
General Motors files for Chapter 11 bankruptcy. It is the fourth largest United States bankruptcy in history.
General Motors filed for Chapter 11 bankruptcy on June 1, 2009, marking the fourth largest U.S. bankruptcy in history.
Facing mounting losses from the 2008 financial crisis, General Motors filed for Chapter 11 bankruptcy protection on June 1, 2009.
The storied automaker became the fourth largest bankruptcy in U.S. history, seeking to restructure its operations and finances.
The U.S. and Canadian governments intervened with bailout funds to support GM's reorganization.
This bankruptcy reshaped the global auto industry and led to significant layoffs and plant closures.
GM emerged from bankruptcy later that year with a streamlined business model and renewed focus on innovation.
General Motors
files
Chapter 11
bankruptcy