Lawyers for German automaker Porsche said actor Paul Walker was responsible for his own death in a crash of a Porsche sports car. The announcement came in response to a wrongful-death lawsuit filed by the former Fast and the Furious star's daughter, Meadow Walker.
In November 2013, Walker was a passenger in a 2005 Porsche Carrera GT driven by friend Roger Rodas when the vehicle crashed into trees in Santa Clarita, north-west of Los Angeles, killing both men.
After a four-month investigation, Los Angeles officials said the crash was caused by excessive speed and not mechanical failure.
Lawyers for Porsche said Walker had “knowingly and voluntarily assumed all risk, perils and danger” of the 2005 Carrera GT, and that the car, owned by Rodas, had been “abused and altered,” and “was misused and improperly maintained. That abuse and alteration proximately caused or contributed to the incident and to Mr. Walker’s death.” – Reuters
Fast and the Furious spin-offs in the works
The makers of the Fast and the Furious movies are planning spin-offs and prequels for the car-racing series.
Development is still in the early stages, but star Vin Diesel says producers are keen to extend the action-thrillers beyond seven movies released so far. Furious 7, which was released this year, was partly filmed in Abu Dhabi and become the highest-earning film in the series.
“We’ve written out storylines for various characters. We’ve been playing with it for a long time. It’s a very rich property and we’re committed to treating it with a lot of class,” Diesel told variety.com.
Universal Pictures Chairman Donna Langley confirmed that discussions were taking place about how to broaden the’ reach of the series.
“We’re certainly in conversations about how we can expand the franchise now. It’s an ensemble cast and there’s room to bring characters in and out,” said Langley. – IANS
James Bond’s Aston Martin DB10 star of London exhibition
James Bond's Aston Martin DB10 from the film Spectre is the newest addition to an exhibition in London featuring the iconic cars from the movie.
“It’s the first time we’ve been able to have a live exhibition during the theatrical launch of a film, so we’re hugely excited,” said Jonathan Sands, the founder and chief executive of the London Film Museum, which is curating the exhibition.
Bond in Motion – The Cars of Spectre, also features cars driven by villains, including Mr. Hinx's Jaguar C-X75 and Franz Oberhauser's Rolls-Royce Wraith. The exhibition includes more than 150 original artefacts spanning all 24 Bond films, from costumes to concept art and storyboards. For tickets, visit to www.londonfilmmuseum.com. – Reuters
Julia Roberts mines trauma in gritty new thriller
Oscar-winning actress Julia Roberts may be best known for her trademark big smile, but in her latest film, Secret in Their Eyes (in UAE cinemas from November 19), she taps into a much less glamorous side of herself to play a traumatised police officer. In the film, set for US release this week, Roberts plays Jess, a police officer who arrives at a murder scene to find out that the victim is her daughter. The discovery transforms her from an extroverted joker into a withdrawn, broken individual.
The role was "hugely difficult but really a great opportunity to show such a giant distance in the life of one person," says 48-year-old Roberts. "I don't think I've ever had a chance to cover so much time with one character." The film is a remake of the 2009 Argentine movie El Secreto de Sus Ojos, which won the best foreign film Oscar. – Reuters
Actress Sharmila Tagore calls for equal pay in Hindi film industry
Veteran Hindi actress Sharmila Tagore highlighted pay inequalities within the Hindi movie industry when she appeared at the 21st Kolkata International Film Festival.
“There is no parity. Male actors are still getting more and female actors are getting less, so that needs to change,” she said. “In my time, the difference was much more. In my time, we [women] definitely played a secondary role. Now the perception has changed.”
Citing examples of female-lead films including, Piku by director Shoojit Sircar and Zoya Akhtar's Dil Dhadakne Do, the actress said that increasingly women were taking the starring roles and that the trend was set to continue.
“Things are changing and it will take time.” she said “We need not despair.” – IANS
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
More on Quran memorisation:
Key figures in the life of the fort
Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.
Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.
Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.
Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.
Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.
Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.
Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.
Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.
Sources: Jayanti Maitra, www.adach.ae
Points Classification
1. Marcel Kittel (Germany / Quick-Step) 63
2. Arnaud Demare (France / FDJ) 38
3. Andre Greipel (Germany / Lotto) 25
4. Sonny Colbrelli (Italy / Bahrain) 24
5. Mark Cavendish (Britain / Dimension Data) 22
6. Taylor Phinney (U.S. / Cannondale) 21
7. Geraint Thomas (Britain / Team Sky) 20
8. Thomas Boudat (France / Direct Energie) 20
9. Stefan Kueng (Switzerland / BMC Racing) 17
10. Michael Matthews (Australia / Sunweb) 17
Banned items
Dubai Police has also issued a list of banned items at the ground on Sunday. These include:
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Political flags or banners
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Bikes, skateboards or scooters
Guns N’ Roses’s last gig before Abu Dhabi was in Hong Kong on November 21. We were there – and here’s what they played, and in what order. You were warned.
- It’s So Easy
- Mr Brownstone
- Chinese Democracy
- Welcome to the Jungle
- Double Talkin’ Jive
- Better
- Estranged
- Live and Let Die (Wings cover)
- Slither (Velvet Revolver cover)
- Rocket Queen
- You Could Be Mine
- Shadow of Your Love
- Attitude (Misfits cover)
- Civil War
- Coma
- Love Theme from The Godfather (movie cover)
- Sweet Child O’ Mine
- Wichita Lineman (Jimmy Webb cover)
- Wish You Were Here (instrumental Pink Floyd cover)
- November Rain
- Black Hole Sun (Soundgarden cover)
- Knockin’ on Heaven’s Door (Bob Dylan cover)
- Nightrain
Encore:
- Patience
- Don’t Cry
- The Seeker (The Who cover)
- Paradise City
The 10 Questions
- Is there a God?
- How did it all begin?
- What is inside a black hole?
- Can we predict the future?
- Is time travel possible?
- Will we survive on Earth?
- Is there other intelligent life in the universe?
- Should we colonise space?
- Will artificial intelligence outsmart us?
- How do we shape the future?
Things Heard & Seen
Directed by: Shari Springer Berman, Robert Pulcini
Starring: Amanda Seyfried, James Norton
2/5
Match info
Liverpool 3
Hoedt (10' og), Matip (21'), Salah (45 3')
Southampton 0