Nicolas Cage. AFP
Nicolas Cage. AFP

Nicolas Cage to return stolen T-Rex skull



Actor Nicolas Cage has agreed to give back a national treasure stolen from Mongolia. A publicist for the star said that Cage was the unwitting buyer of a stolen dinosaur skull. Prosecutors in New York announced last week that they were seeking court approval to seize the 32-inch fossil and return it to the Asian nation, but did not name the buyer. Cage bought the skull at auction from the LA-based I M Chait gallery and auction house, and it came with a certificate of authenticity, publicist Alex Schack said. After being notified last year that authorities suspected it was stolen, the actor "fully cooperated with the investigation, including arranging an inspection of the fossil by agents", and agreed to forfeit it, Schack added. Investigators believe the skull was looted from the Gobi Desert in Mongolia and shipped to Florida in June 2006. Cage bought it at an auction in Manhattan in 2007 for US$230,000 (Dh844,824) plus commission that raised the total to $276,000. It was marketed as an "extremely rare" Tyrannosaurus skull from the late Cretaceous period, which is 65 per cent complete. – AP

Star Wars takes China by storm

After a mammoth marketing campaign, growing online chatter in China about Star Wars: Episode VII –The Force Awakens suggests the latest instalment of the sci-fi saga has a shot at breaking box- office records in the world's second-largest movie market. Success in China is crucial if Disney's first foray into the world of Jedi knights – after buying the rights to the franchise from George Lucas for US$4 billion (Dh14.6bn) – is to earn a spot among the top-grossing films of all time. The movie, partly filmed in Abu Dhabi and the seventh in a saga that began in 1977 with the release of Star Wars: Episode IV – A New Hope, has already surged past this summer's Jurassic World to set a global ­opening-weekend record of $529 million. Disney has had to work hard for its Star Wars buzz in China. Though the first film came out a year after the end of the Cultural Revolution and the death of China's founding leader Mao Zedong, the original films weren't shown in Chinese cinemas until June this year. However, after promotions that included from 500 model Stormtroopers on the Great Wall to a pop-star dubbed China's version of Justin Bieber, an analysis of posts on Chinese microblog Sina Weibo reveals that Star Wars has been mentioned about 700,000 times this month, outpacing other big Hollywood releases in China this year. – Reuters

SRK hits back at critics of Dilwale

With elements of comedy, action, romance and drama, some critics have said that Dilwale has turned out to be a Bollywood potboiler. Its star, Shah Rukh Khan, says the film never pretended to be anything else and if audiences want something different, they should wait for his upcoming film, directed by Maneesh Sharma. "If you're looking for novelty, then you should watch out for Fan," Khan says. "It's a different kind of film, supposed to be a niche. It's not meant to be a blockbuster releasing ahead of Christmas." Also starring Kajol, in her first film alongside Khan for five years, Varun Dhawan, Kriti Sanon, Sanjay Mishra and Johnny Lever, Dilwale was released on Friday and despite lukewarm reviews, has been a box-office hit. "Dilwale is an unabashedly popular commercial film." says Khan. "It's not pretending to be something else. It's meant to be watched by everyone. It has romance, comedy, drama. I don't even think that having Kajol and Shah Rukh Khan is a novelty factor, as it's just that we are doing a film together after a long time." – IANS

Stream The Beatles for free from today

Songs by The Beatles will be available across streaming music services from today, tech news and analysis website Re/code reported. Streaming music services including Spotify, Apple Music, Google Play and Amazon Prime Music are among the those set to stream the band's songs, it reported. Unlike artists such as Adele, Coldplay and Taylor Swift, who decided to not release some of their music to the free versions of music-­streaming services, The Beatles will be available for free to its users, Re/code said. – Reuters

Rohit Bal to close LakmÉ Fashion Week

New Delhi designer-to-Bollywood-stars Rohit Bal will bring the curtain down on Lakmé Fashion Week Summer-Resort 2016. The 54-year-old will stage the grand-finale show at The St Regis Mumbai from March 30 to April 3. Bal, who last presented the closing show in 2012, said: "Great to be back again! Always a pleasure to work with the Lakmé team. The most incredible part about doing Lakmé Fashion Week is the carte blanche the designer is given. A complete and uninterrupted creative flow is what Lakmé has given me. That in itself makes doing the finale precious and priceless. I am thrilled to be given this opportunity." – IANS

Telugu singer records song for Kannada film

Telugu actor, singer and dancer Nandamuri Taraka Rama Rao Jr, is to record a song this week for the upcoming Kannada film Chakravyuha. "Despite his busy schedule, he has agreed to sing," a source close to the actor said. "The song will be recorded in a studio in the city. It will be the first time he will be singing in a language apart from Telugu." Chakravyuha stars Puneeth Rajkumar and the song is rumoured to be the title track. In addition to lending his voice to Chakravyuha, NTR is also dubbing the Telugu film Nannaku Prematho, which is scheduled for release during the Hindu festival of Sankranti next year. – IANS

Factfile on Garbine Muguruza:

Name: Garbine Muguruza (ESP)

World ranking: 15 (will rise to 5 on Monday)

Date of birth: October 8, 1993

Place of birth: Caracas, Venezuela

Place of residence: Geneva, Switzerland

Height: 6ft (1.82m)

Career singles titles: 4

Grand Slam titles: 2 (French Open 2016, Wimbledon 2017)

Career prize money: $13,928,719

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What is graphene?

Graphene is a single layer of carbon atoms arranged like honeycomb.

It was discovered in 2004, when Russian-born Manchester scientists Andrei Geim and Kostya Novoselov were "playing about" with sticky tape and graphite - the material used as "lead" in pencils.

Placing the tape on the graphite and peeling it, they managed to rip off thin flakes of carbon. In the beginning they got flakes consisting of many layers of graphene. But as they repeated the process many times, the flakes got thinner.

By separating the graphite fragments repeatedly, they managed to create flakes that were just one atom thick. Their experiment had led to graphene being isolated for the very first time.

At the time, many believed it was impossible for such thin crystalline materials to be stable. But examined under a microscope, the material remained stable, and when tested was found to have incredible properties.

It is many times times stronger than steel, yet incredibly lightweight and flexible. It is electrically and thermally conductive but also transparent. The world's first 2D material, it is one million times thinner than the diameter of a single human hair.

But the 'sticky tape' method would not work on an industrial scale. Since then, scientists have been working on manufacturing graphene, to make use of its incredible properties.

In 2010, Geim and Novoselov were awarded the Nobel Prize for Physics. Their discovery meant physicists could study a new class of two-dimensional materials with unique properties. 

 

What should do investors do now?

What does the S&P 500's new all-time high mean for the average investor? 

Should I be euphoric?

No. It's fine to be pleased about hearty returns on your investments. But it's not a good idea to tie your emotions closely to the ups and downs of the stock market. You'll get tired fast. This market moment comes on the heels of last year's nosedive. And it's not the first or last time the stock market will make a dramatic move.

So what happened?

It's more about what happened last year. Many of the concerns that triggered that plunge towards the end of last have largely been quelled. The US and China are slowly moving toward a trade agreement. The Federal Reserve has indicated it likely will not raise rates at all in 2019 after seven recent increases. And those changes, along with some strong earnings reports and broader healthy economic indicators, have fueled some optimism in stock markets.

"The panic in the fourth quarter was based mostly on fears," says Brent Schutte, chief investment strategist for Northwestern Mutual Wealth Management Company. "The fundamentals have mostly held up, while the fears have gone away and the fears were based mostly on emotion."

Should I buy? Should I sell?

Maybe. It depends on what your long-term investment plan is. The best advice is usually the same no matter the day — determine your financial goals, make a plan to reach them and stick to it.

"I would encourage (investors) not to overreact to highs, just as I would encourage them not to overreact to the lows of December," Mr Schutte says.

All the same, there are some situations in which you should consider taking action. If you think you can't live through another low like last year, the time to get out is now. If the balance of assets in your portfolio is out of whack thanks to the rise of the stock market, make adjustments. And if you need your money in the next five to 10 years, it shouldn't be in stocks anyhow. But for most people, it's also a good time to just leave things be.

Resist the urge to abandon the diversification of your portfolio, Mr Schutte cautions. It may be tempting to shed other investments that aren't performing as well, such as some international stocks, but diversification is designed to help steady your performance over time.

Will the rally last?

No one knows for sure. But David Bailin, chief investment officer at Citi Private Bank, expects the US market could move up 5 per cent to 7 per cent more over the next nine to 12 months, provided the Fed doesn't raise rates and earnings growth exceeds current expectations. We are in a late cycle market, a period when US equities have historically done very well, but volatility also rises, he says.

"This phase can last six months to several years, but it's important clients remain invested and not try to prematurely position for a contraction of the market," Mr Bailin says. "Doing so would risk missing out on important portfolio returns."

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The Equaliser 2

Director Antoine Fuqua

Starring: Denzel Washington, Bill Pullman, Melissa Leo, Ashton Sanders

Three stars

Apple product price list

iPad Pro

11" - $799 (64GB)
12.9" - $999 (64GB)

MacBook Air 

$1,199

Mac Mini

$799

COMPANY PROFILE
Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 
WHAT IS GRAPHENE?

It was discovered in 2004, when Russian-born Manchester scientists Andrei Geim and Kostya Novoselov were experimenting with sticky tape and graphite, the material used as lead in pencils.

Placing the tape on the graphite and peeling it, they managed to rip off thin flakes of carbon. In the beginning they got flakes consisting of many layers of graphene. But when they repeated the process many times, the flakes got thinner.

By separating the graphite fragments repeatedly, they managed to create flakes that were just one atom thick. Their experiment led to graphene being isolated for the very first time.

In 2010, Geim and Novoselov were awarded the Nobel Prize for Physics. 

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'Panga'

Directed by Ashwiny Iyer Tiwari

Starring Kangana Ranaut, Richa Chadha, Jassie Gill, Yagya Bhasin, Neena Gupta

Rating: 3.5/5

BEETLEJUICE BEETLEJUICE

Starring: Winona Ryder, Michael Keaton, Jenny Ortega

Director: Tim Burton

Rating: 3/5

FIXTURES

All times UAE ( 4 GMT)

Saturday
Fiorentina v Torino (8pm)
Hellas Verona v Roma (10.45pm)

Sunday
Parma v Napoli (2.30pm)
Genoa v Crotone (5pm)
Sassuolo v Cagliari (8pm)
Juventus v Sampdoria (10.45pm)

Monday
AC Milan v Bologna (10.45om)

Playing September 30

Benevento v Inter Milan (8pm)
Udinese v Spezia (8pm)
Lazio v Atalanta (10.45pm)

Ads on social media can 'normalise' drugs

A UK report on youth social media habits commissioned by advocacy group Volteface found a quarter of young people were exposed to illegal drug dealers on social media.

The poll of 2,006 people aged 16-24 assessed their exposure to drug dealers online in a nationally representative survey.

Of those admitting to seeing drugs for sale online, 56 per cent saw them advertised on Snapchat, 55 per cent on Instagram and 47 per cent on Facebook.

Cannabis was the drug most pushed by online dealers, with 63 per cent of survey respondents claiming to have seen adverts on social media for the drug, followed by cocaine (26 per cent) and MDMA/ecstasy, with 24 per cent of people.

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The specs

Engine: 5.2-litre twin-turbo V12

Transmission: eight-speed automatic

Power: 715bhp

Torque: 900Nm

Price: Dh1,289,376

On sale: now

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