The 93rd Academy Awards have wrapped for the night.
An Oscars like no other in recent history, the ceremony took place at Los Angeles's Union Station, with no musical performances or montages to break up the show, and no host to tie the event together.
With three awards, the evening belonged to Nomadland, much like the rest of the awards season. The film won Best Picture, as well as Best Director for Chloe Zhao and Best Actress for Frances McDormand.
Mank, Ma Rainey's Black Bottom, Sound of Metal, Soul, Judas and the Black Messiah and The Father all won two awards apiece.
British actor Sir Anthony Hopkins won the Best Actor Oscar, but was not at the ceremony, or the London screening, to pick up his award. The Best Supporting Actor and Best Supporting Actress awards went to Daniel Kaluuya for Judas and the Black Messiah and Youn Yuh-jung for Minari, respectively.
2021 Oscar winners in full:
Best Picture
WINNER: Nomadland
The Father
Mank
Minari
Promising Young Woman
The Trial of the Chicago 7
Sound of Metal
Judas and the Black Messiah
Best Director
WINNER: Chloe Zhao, Nomadland
Emerald Fennell, Promising Young Woman
David Fincher, Mank
Lee Isaac Chung, Minari
Thomas Vinterberg, Another Round
Best Actress
WINNER: Frances McDormand, Nomadland
Viola Davis, Ma Rainey's Black Bottom
Andra Day, The United States vs. Billie Holiday
Vanessa Kirby, Pieces of a Woman
Carey Mulligan, Promising Young Woman
Best Actor
WINNER: Anthony Hopkins, The Father
Riz Ahmed, The Sound of Metal
Chadwick Boseman, Ma Rainey's Black Bottom
Gary Oldman, Mank
Steven Yeun, Minari
Best Supporting Actress
WINNER: Youn Yuh-jung, Minari
Glenn Close, Hillbilly Elegy
Olivia Colman, The Father
Amanda Seyfried, Mank
Maria Bakalova, Borat Subsequent Moviefilm
Best Supporting Actor
WINNER: Daniel Kaluuya, Judas and the Black Messiah
Sacha Baron Cohen, The Trial of the Chicago 7
Leslie Odom Jr, One Night in Miami
Paul Raci, Sound of Metal
LaKeith Stanfield, Judas and the Black Messiah
Best Adapted Screenplay
WINNER: The Father
Borat Subsequent Moviefilm
Nomadland
One Night in Miami ...
The White Tiger
Best Original Screenplay
WINNER: Promising Young Woman
Minari
Sound of Metal
The Trial of the Chicago 7
Judas and the Black Messiah
Best Animated Feature
WINNER: Soul
Onward
Over the Moon
A Shaun the Sheep Movie: Farmageddon
Wolfwalkers
International Feature Film
WINNER: Another Round (Denmark)
Better Days (Hong Kong)
Collective (Romania)
The Man Who Sold His Skin (Tunisia)
Quo Vadis, Aida? (Bosnia and Herzegovina)
Best Original Song
WINNER: Fight For You from Judas and the Black Messiah
Husavik from Eurovision Song Contest: The Story of Fire Saga
Io si (Seen) from The Life Ahead (La vita davanti a se)
Speak Now from One Night in Miami ...
Hear My Voice from The Trial of the Chicago 7
Best Original Score
WINNER: Soul
Da 5 Bloods
Mank
Minari
News of the World
Live Action Short Film
WINNER: Two Distant Strangers
Feeling Through
The Letter Room
The Present
White Eye
Best Documentary Feature
WINNER: My Octopus Teacher
Collective
Crip Camp
The Mole Agent
Time
Best Sound Mixing
WINNER: Sound of Metal
Greyhound
Mank
News of the World
Soul
Best Make-up and Styling
WINNER: Ma Rainey’s Black Bottom
Emma
Hillbilly Elegy
Mank
Pinocchio
Best Cinematography
WINNER: Mank
Judas and the Black Messiah
News of the World
Nomadland
The Trial of the Chicago 7
Best Production Design
WINNER: Mank
Ma Rainey's Black Bottom
News of the World
Tenet
The Father
Best Film Editing
WINNER: Sound of Metal
The Father
Nomadland
Promising Young Woman
The Trial of the Chicago 7
Best Visual Effects
WINNER: Tenet
Love and Monsters
The Midnight Sky
Mulan
The One and Only Ivan
Best Costume Design
WINNER: Ma Rainey’s Black Bottom
Emma
Mank
Pinocchio
Mulan
Best Animated Short Film
WINNER: If Anything Happens I Love You
Burrow
Genius Loci
Opera
Yes-People
Best Documentary Short
WINNER: Colette
A Concerto Is a Conversation
Do Not Split
Hunger Ward
A Love Song for Latasha
What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
Employment lawyer Meriel Schindler of Withers Worldwide shares her tips on achieving equal pay
Do your homework
Make sure that you are being offered a fair salary. There is lots of industry data available, and you can always talk to people who have come out of the organisation. Where I see people coming a cropper is where they haven’t done their homework.
Don’t be afraid to negotiate
It’s quite standard to negotiate if you think an offer is on the low side. The job is unlikely to be withdrawn if you ask for money, and if that did happen I’d question whether you want to work for an employer who is so hypersensitive.
Know your worth
Women tend to be a bit more reticent to talk about their achievements. In my experience they need to have more confidence in their own abilities – men will big up what they’ve done to get a pay rise, and to compete women need to turn up the volume.
Work together
If you suspect men in your organisation are being paid more, look your boss in the eye and say, “I want you to assure me that I’m paid equivalent to my peers”. If you’re not getting a straight answer, talk to your peer group and consider taking direct action to fix inequality.
Four reasons global stock markets are falling right now
There are many factors worrying investors right now and triggering a rush out of stock markets. Here are four of the biggest:
1. Rising US interest rates
The US Federal Reserve has increased interest rates three times this year in a bid to prevent its buoyant economy from overheating. They now stand at between 2 and 2.25 per cent and markets are pencilling in three more rises next year.
Kim Catechis, manager of the Legg Mason Martin Currie Global Emerging Markets Fund, says US inflation is rising and the Fed will continue to raise rates in 2019. “With inflationary pressures growing, an increasing number of corporates are guiding profitability expectations downwards for 2018 and 2019, citing the negative impact of rising costs.”
At the same time as rates are rising, central bankers in the US and Europe have been ending quantitative easing, bringing the era of cheap money to an end.
2. Stronger dollar
High US rates have driven up the value of the dollar and bond yields, and this is putting pressure on emerging market countries that took advantage of low interest rates to run up trillions in dollar-denominated debt. They have also suffered capital outflows as international investors have switched to the US, driving markets lower. Omar Negyal, portfolio manager of the JP Morgan Global Emerging Markets Income Trust, says this looks like a buying opportunity. “Despite short-term volatility we remain positive about long-term prospects and profitability for emerging markets.”
3. Global trade war
Ritu Vohora, investment director at fund manager M&G, says markets fear that US President Donald Trump’s spat with China will escalate into a full-blown global trade war, with both sides suffering. “The US economy is robust enough to absorb higher input costs now, but this may not be the case as tariffs escalate. However, with a host of factors hitting investor sentiment, this is becoming a stock picker’s market.”
4. Eurozone uncertainty
Europe faces two challenges right now in the shape of Brexit and the new populist government in eurozone member Italy.
Chris Beauchamp, chief market analyst at IG, which has offices in Dubai, says the stand-off between between Rome and Brussels threatens to become much more serious. "As with Brexit, neither side appears willing to step back from the edge, threatening more trouble down the line.”
The European economy may also be slowing, Mr Beauchamp warns. “A four-year low in eurozone manufacturing confidence highlights the fact that producers see a bumpy road ahead, with US-EU trade talks remaining a major question-mark for exporters.”
