Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in the New York City borough of Queens, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan.
The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He owned the Miss Universe and Miss USA beauty pageants from 1996 to 2015, and produced and hosted The Apprentice, a reality television show, from 2003 to 2015. Forbes estimates his net worth to be $3.1 billion.
DFS falls to loss in face of Red Sea shipping delays and high interest rates
manchestereveningnews.co.ukFurniture retailer DFS has tumbled to a loss for the past year after it was hit by Red Sea shipping delays and higher interest rates.
The sofa specialist said sales were significantly down year-on-year due to “exceptionally low market demand”. It told shareholders that revenues dropped by 9.3% to £987.1 million for the year to June 30, compared with the previous year.
It said that delays to shipments due to cross the Red Sea – which have been redirected below the foot of Africa due to attacks on ships by Houthi rebels in the region – were partly to blame.
Disruption to shipments meant £12 million of sales were pushed back into the new financial year, DFS said. The sales slump also comes as shoppers have held back spending on big ticket items in the face of the recent surge in the cost of living and higher mortgage and rental costs.
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