Hershey buying snack maker Amplify in $1.2 billion deal
United Kingdom pension changes to create £4bn opportunity for asset managers
European Union launches investigation into IKEA tax deals
Amazon Prime UK could face probe over tardy deliveries
United States tech giant Oracle is buying Australia's Aconex for $1.6 billion
Artist Lubaina Himid wins 2017 Turner Prize
06 December 2017, 11:41 | Cesar Cruz
Lubiana Himid's 2017 Turner Prize victory is a specious cop-out
At 62-years-old, Himid becomes the oldest person to ever win the Turner Prize, 2017 being the first year since the introduction of a rule change allowing artists over the age of 50 to compete. One of the pioneers of the British Black Arts Movement, Himid first came to prominence in the 1980s when she began organising exhibitions of work by her peers, whom she felt were under-represented in the contemporary art scene.
The jury made a decision to reward her for the "vitality of her work" and "the seriousness of the issues she deals with, which are very relevant today", said Tate Britain museum director and president of the award jury, Alex Farquharson.
The jury admired Himid's expansive and exuberant approach to painting which combines satire and a sense of theatre.
Her section of the Turner Prize exhibition, in Hull, contains work spanning from the 1980s to the present-day. The jury also acknowledged her role as an influential curator and educator who continues to speak urgently to the moment.
Himid, 63, is the oldest artist to win the award so far.
Himid makes paintings, prints, drawings and installations which celebrate Black creativity and the people of the African diaspora while challenging institutional invisibility.
Judges praised the Zanzibar-born artist for the "seriousness of themes she addressed", paying tribute to the "current vitality of Lubaina's work as well as the current relevance" of it in three decades past. Her paintings, prints, drawings, and installations are now in the collections of Tate, the Whitworth Art Gallery, and the Leeds City Museum, among other institutions.
"Now that its reputation is so firmly established, we want to acknowledge the fact that artists can experience a breakthrough in their work at any age".
In the past, the prize has been viewed as a vehicle for younger artists, but it has moved in a new direction this year, with two nominees over 40 and the other two short-listed artists in their 50s and 60s. Once exclusively exhibited in London, the prize is now displayed out of capital, with this year's location being Hull, the "the UK City of Culture 2017" at the Ferens Art Gallery. The jury was chaired by Alex Farquharson, the director of Tate Britain.
The annual award for contemporary art was presented to Himid by electronic music star Goldie, in a televised ceremony held in Hull Minster church in the north eastern city of Hull.
Optum to Purchase DaVita Medical Group for $4.9B
Optum, part of UnitedHealth Group ( UNH ), said that it agreed to buy DaVita Medical Group, a subsidiary of DaVita Inc. Reuters reported last month that DaVita was exploring a sale of its medical unit.
Xiaomi launches Redmi 5A
Smartphone manufacturing major Xiaomi today launched the "Redmi 5A" in the city on the eve of the nationwide online sales. It will be available in two variants - 3GB RAM with 32GB internal storage and 4GB RAM with 64GB of internal storage.
Terror Plot Against British Prime Minister Stopped
An official report into the attack released on Tuesday found opportunities to thwart it had been missed. The terror attack was foiled after a joint operation by Scotland Yard, West Midlands Police, and MI5.