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.
Rebecca Davis editorImax China, the Hong Kong-listed subsidiary of Imax, has warned that it expects a net loss between $34 and $36 million for the first half of the year, as cinema closures in the country due to COVID-19 have slammed exhibition firms.
The 2020 figures stand in contrast to a net profit of $24 million in the same period last year. There are around 700 Imax cinemas in mainland China, nearly all of which have been shut since late January because of the coronavirus.
A notice posted Tuesday to the Hong Kong stock exchange said the 2020 decrease was primarily attributable to the shutdown and coronavirus slowing the installation of new theater systems.
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