BOMB SCARE
A touch of nerves over a terrorist alert permeated Day 2 of Fashion Week as the industry ran to and fro Friday through stepped-up security on road and rail. "It's kind of scary," Christian Siriano said as he madly put the finishing touches on his Saturday show. "We're just kind of pumping through it." National Guard troops and transit police with assault rifles watched crowds at Penn Station and stopped vehicles at the 59th Street bridge in Manhattan after counterterrorism officials received a tip of a possible Al Qaida car bombing in New York City or Washington around the September 11 anniversary Sunday.
THE ROW
Mary Kate and Ashley Olsen got their coveted quiet in an almost all cream collection when they opted out of New York Fashion Week chaos and showed the spring collection for The Row in a sparse space in a no-man's-land neighborhood on Manhattan's West Side. There were just a few wooden benches for guests, who numbered in the dozens instead of the hundreds at the main fashion hub of the Lincoln Center tents. The designers didn't appear on the runway, choosing to let the clothes speak for themselves. (One could actually hear each step the models took in their flat white sandals.)
PROJECT RUNWAY
If Bryce Black wins this season of "Project Runway," look for his new T-shirt: "Klum of Doom." Yet there was one thing even more frightening than judge Heidi Klum, he said, and that's appearing in public. Black and the other eight remaining contestants for the ninth season got the chance to explain their looks from the runway at the Lincoln Center tents. Black's clothes included a number of odd-looking military-style jackets, some in pastels, and a lot of trousers with large, exaggerated seams.
NICOLE MILLER
Miller's collection seemed aimed at a downtown, 20-something woman, with many references to street chic, from bicycle clothing to messenger bags to bomber jackets. Above all, there was color - bold bursts of it. "It's no longer black with a little color," she said. "It's color, with a little black." Asked her influences, she mentioned "the whole bicycle thing - I got really interested in vintage bicycle clothing. And skateboarding, and Formula One." Yet there was some delicacy, too, with one of the biggest hits a gray and peach beaded dress with graceful cutouts in back.
What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
More on animal trafficking
APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps
Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
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COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
MATCH INFO
Uefa Champions League, semi-final result:
Liverpool 4-0 Barcelona
Liverpool win 4-3 on aggregate
Champions Legaue final: June 1, Madrid
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
DEADPOOL & WOLVERINE
Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin
Director: Shawn Levy
Rating: 3/5
COMPANY%20PROFILE
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COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
The specs
Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
The specs: 2018 Jeep Grand Cherokee Trackhawk
Price, base: Dh399,999
Engine: Supercharged 6.2-litre V8
Gearbox: Eight-speed automatic
Power: 707hp @ 6,000rpm
Torque: 875Nm @ 4,800rpm
Fuel economy, combined: 16.8L / 100km (estimate)
Thank You for Banking with Us
Director: Laila Abbas
Starring: Yasmine Al Massri, Clara Khoury, Kamel El Basha, Ashraf Barhoum
Rating: 4/5
Notable cricketers and political careers
- India: Kirti Azad, Navjot Sidhu and Gautam Gambhir (rumoured)
- Pakistan: Imran Khan and Shahid Afridi (rumoured)
- Sri Lanka: Arjuna Ranatunga, Sanath Jayasuriya, Tillakaratne Dilshan (rumoured)
- Bangladesh (Mashrafe Mortaza)
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