Five Essential Elements to Build the Capital You Need to Lead

To aspiring entrepreneurs and other business practitioners looking to advance their careers, the path to a leadership role may seem daunting. Yet anyone with a dream to open a business, start a nonprofit, or simply move up the ranks at work can indeed get where they want to go, as…

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Genetic study points to oxytocin as possible treatment for obesity and postnatal depression

Obesity and postnatal depression are significant global health problems. Postnatal depression affects more than one in 10 women within a year of giving birth and is linked to an increased risk of suicide, which accounts for as many as one in five maternal deaths in high income countries. Meanwhile, obesity…

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Doing What You Love Doesn’t Always Pay for Women

It’s a clichéd staple of commencement speeches and family dinners: “Do what you love, and you’ll never work a day in your life.” This advice is particularly resonant in a culturally individualistic country such as the U.S., where the idea of “following your passion” guides many young people as they…

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Cutting-edge genomic test can improve care of children with cancer

The study, published today in Nature Medicine, is the first time that the impact of using whole genome sequencing in current NHS practice has been assessed. It was led by researchers at the University of Cambridge, Cambridge University Hospitals NHS Trust, Wellcome Sanger Institute and Great Ormond Street Hospital.The team…

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What to read next: McKinsey’s 2024 annual book recommendations

As publishers of insights, we believe that reading books can be a powerful tool for learning, growing, and navigating the landscape of today’s complex business environment. And books can both illuminate and provide moments of respite from the demands of daily life. McKinsey Global Publishing leader Raju Narisetti returns with…

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Legal Regulation Issues in the Area of Information Technologies and Artificial Intelligence in Africa

Legal regulation of IT by the AU  In 2014, the AU approved its own Convention on Cyber Security and Personal Data Protection similar to the CE document. The AU was certainly based on the European experience but it also took into consideration its own record and African realities. This explains…

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Navigating shifting risks in the insurance industry

Today’s insurers are exposed to multiple risks, from financial risks, such as shifting interest rates, changing costs and sources of capital, and increasing claims levels due to consecutive years of significant inflation, to an array of nonfinancial risks, including extreme climate events and generative AI (gen AI). This uncertain environment…

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How the apparel industry could refashion itself

A bit of retail therapy can feel like harmless fun. Yet getting a great deal on a new shirt or pair of shoes may come with a hidden price tag: greenhouse gas emissions, resource depletion, and the mistreatment of workers and animals. The average cotton T-shirt, for example, requires about…

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Should Your Brand Take a Stand?

Leaders face tough choices on whether and how their businesses should take a public stance on current events. Today’s conflicts may be particularly precarious to navigate. Cynthia E. Clark July 01, 2024 Reading Time: 3 min  Topics Leadership Corporate Social Responsibility Carolyn Geason-Beissel/MIT SMR | Getty Images Growing concern over…

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Can You Collaborate With Someone You Compete Against?

In December 2022, the world watched in awe as Argentina’s Lionel Messi and France’s Kylian Mbappé lit up the World Cup final. Playing at a top international tournament for their national team is the pinnacle of any footballer’s career. But what happens when they returned to their club, where their teammates…

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Microsoft Dynamics 365 Contact Center is now generally available 

On June 4, 2024, we introduced the latest milestone in our journey towards modernizing customer engagement: Microsoft Dynamics 365 Contact Center, a Microsoft Copilot-first contact center solution that delivers generative AI to every customer engagement channel. This standalone Contact Center as a Service (CCaaS) solution enables customers to maximize their…

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Embracing generative AI in credit risk

Some technologies are so compelling that they quickly take on a life of their own. Generative AI (gen AI) made the leap from the laboratory to the mainstream in late 2022, when Open AI launched a public beta of its ChatGPT service. Within two months, it had more than 100…

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AI Tools Reshape Job Application Process

Artificial intelligence rapidly changed the ways that companies screen applicants for positions, and now job seekers themselves use generative AI to navigate this evolving career landscape. According to Sean McGowan, director of employer relations at Carnegie Mellon University’s Career and Professional Development Center(opens in new window) (CPDC), generative AI can be…

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Cambridge spin-out’s sportscar prototype takes ultra-fast charging out of the lab and onto the road

In addition to ultra-fast charging times, the batteries developed by Nyobolt – which was spun out of Professor Dame Clare Grey’s lab in the Yusuf Hamied Department of Chemistry in 2019 – do not suffer from the degradation issues associated with lithium-ion batteries.Tests of the first running Nyobolt EV prototype…

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Largest ever genetic study of age of puberty in girls shows links with weight gain

In the largest study of its kind to date, an international team led by researchers at the Medical Research Council (MRC) Epidemiology Unit, University of Cambridge, studied the DNA of around 800,000 women from Europe, North America, China, Japan, and Korea.Published today in Nature Genetics, the researchers found more than…

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Transformation of BRICS: From Symbolic Power to a Real Financial Pole in The Modern World

This year, Russia will be hosting the BRICS summit in October in Kazan. Our governmental circles, our ministries and our NGOs are all preparing for the summit. It is considered the key foreign policy event in Russia this year. The top political question, as I personally see it, could be…

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The decisive edge: 5 steps to improve organizational decision making

In a landscape where big and small decisions can have meaningful impacts on an organization’s strategic and cultural direction, building intentional and healthy decision-making habits is essential. What makes for “healthy” habits is determined by the company’s growth stage and current needs. For mid-size companies, the balance between rapid growth…

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Look-alikes and trade dress protection: guidance from Italian Court on how brand owners can take enforcement action against third party imitators  

22nd May 2024 To what extent can product packaging be an illicit look-alike of a competitor’s product packaging?  A ruling by the Court of Turin provides some guidance on look-alikes and trade dress protection.  Look-alikes are deemed to contravene Italy’s unfair competition rule. Consequently, the Court granted a preliminary injunction in…

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‘You’re not a wave. You’re water,’ – Melinda French Gates

Throughout her life, philanthropist and businesswoman Melinda French Gates has navigated difficult transitions, including career changes, having children, and losing a close friend. In each case, she felt terrified that life as she knew it would end." hroughoutThroughout her life, philanthropist and businesswoman Melinda French Gates has navigated difficult transitions,…

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Minnesota Ban on Staffing Agency Nonsolicitation Provisions to Take Effect July 1, 2024

Quick Hits Minnesota’s new ban on the use of nonsolicitation agreements by service providers or staffing agencies takes effect on July 1, 2024. The law will prohibit service providers from restricting in any way its employees from being solicited or hired by user companies. The law will render such provisions…

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What the 2024 general election could mean for your finances

2024 has been called “the year of elections” with an estimated 2 billion people around the world heading to the polls. Voters in the UK will have their say on 4 July. Now that each of the main parties has published their manifestos, here’s what the 2024 general election could…

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Practical tips to avoid greenwashing

In today's business landscape, sustainability and environmental consciousness have become paramount. However, it is crucial for businesses to avoid making misleading or exaggerated claims about their green initiatives, a practice known as greenwashing. How can businesses navigate the complex world of sustainability claims and maintain their credibility? To shed light…

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Global Economics Intelligence executive summary, May 2024

Consumers and businesses looking forward to the fillip of an interest rate cut may have to wait a little longer. Among our surveyed economies, only Brazil’s Monetary Policy Committee (Copom) cut its policy rate in May—but by just 0.25 percentage points, taking the Selic rate to 10.50%.Hopes of imminent interest…

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‘Believe in Something Unconventional, Something Unexplored,’ NVIDIA CEO Tells Caltech Grads

NVIDIA founder and CEO Jensen Huang on Friday encouraged Caltech graduates to pursue their craft with dedication and resilience — and to view setbacks as new opportunities. “I hope you believe in something. Something unconventional, something unexplored. But let it be informed, and let it be reasoned, and dedicate yourself…

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Arizona Court Nullifies Two City Ordinances on Prevailing Wage

Quick Hits The Superior Court of Arizona ruled Arizona municipalities cannot set prevailing wage ordinances. The court struck down prevailing wage ordinances enacted by Phoenix and Tucson affecting construction contractors. On June 21, 2024, the Superior Court of Arizona Maricopa County ruled in favor of three trade associations challenging the…

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Iranian Democracy and the Global South

On June 28, the Valdai Club held a discussion dedicated to the presidential elections in the Islamic Republic of Iran and the potential for the development of Iranian-Russian relations. The event was moderated by Timofei Bordachev, Programme Director of the Valdai Club. Vitaly Naumkin, Full Member of the Russian Academy…

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Europe’s new resilience regime: The race to get ready for DORA

Digitalization of the financial sector has brought significant benefits but has also exposed businesses to rising technology risks, including cyberattacks, system outages, and third-party information and communications technology (ICT) failures. To ensure financial institutions (FIs) remain resilient in the face of these threats, the European Union’s Digital Operational Resilience Act…

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DC Sources New Revenue From Assignments of Long-Term Leases

On May 17, 2024, the District of Columbia Office of Tax and Revenue (OTR) published a notice summarizing the District of Columbia’s current policy regarding the recordation and transfer tax treatment of an assignment of a lease, including a ground lease, with a term of at least 30 years (including…

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Discover in our June issue how AI is making health care smarter and faster

You probably read the predictions. For a decade, they peddled the same sunny promise: Someday AI will help make medicine smarter and faster. Someday has dawned. Nearly 80% of health care organizations now use AI. In fact, AI is already helping to reduce repetitive clinical tasks and enable more precise…

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78% of retirees could be missing out on investment returns by accessing their pension early

According to research from Scottish Widows, more than three-quarters of retirees could be missing out on potential investment returns by accessing their pension before their retirement date. Understanding the implications of withdrawing money from your pension could help you to make a decision that’s right for you. Read on to…

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Generative AI and the future of work: A Singapore perspective

To explore how generative AI (gen AI) could transform the future of work globally, and in Singapore particularly, McKinsey partner Sanjna Parasrampuria, an expert in data, artificial intelligence and generative AI,  talked to Terence Chia, assistant chief executive of the Infocomm Media Development Authority (IMDA) of Singapore, and to Kathryn…

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No evidence that England’s new ‘biodiversity boost’ planning policy will help birds or butterflies

From 2024, the UK’s Environment Act requires planning applications to demonstrate an overall biodiversity net gain of at least 10% as calculated using a new statutory biodiversity metric.The researchers trialled the metric by using it to calculate the biodiversity value of 24 sites across England. These sites have all been…

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The state of US women’s heart health: A path to improved health and financial outcomes

At a glance Cardiovascular disease (CVD) is the leading cause of death for women. Cardiovascular conditions in the United States make up at least a third of the women’s health gap because of inequities between women and men in care delivery, efficacy, and data availability. Addressing heart health at every…

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Louisiana Institutes New Restrictions on Noncompete Agreements for Physicians

Quick Hits Act No. 273 modifies La. Rev. Stat. § 23:921, Louisiana’s noncompete statute, to limit the noncompete restrictions allowed in contracts with physicians. Any contract that restrains a primary care physician from practicing medicine expires three years after the effective date of the contract and all other physicians five…

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AI Data Drop: Which jobs have an AI advantage?

At Microsoft, we’re doing deep research into AI adoption at work—what's working for people, what challenges are emerging, and how organizations can move from early experimentation to broad business transformation. Today we’re surfacing new data from Copilot customers that shows which job functions are gaining an early AI advantage. To…

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Gen AI Marketing: How Some ‘Gibberish’ Code Can Give Products an Edge

It’s the new way of comparison shopping in the age of large language models (LLM): Tapping into AI-driven search engines for research and advice on which products to buy. But can consumers trust the recommendations to be impartial?New research finds that companies can subtly manipulate the LLM into favoring their…

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Why the “4% rule” could put your retirement finances at risk

When you’re accessing your pension, it’s important to consider the sustainability of your withdrawals. You might have heard of the “4% rule”, which provides a seemingly simple way to calculate how much you can access each year. However, for modern retirees, applying this rule to your pension could be risky.…

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Biden Should Go on Offense—Without Being Offensive

Several top Democrats have reportedly issued strong warnings to Joe Biden to challenge Trump’s friendly ties to corporate America when the two face off on Thursday’s presidential debate, and less time talking up his legislative accomplishments. The news reflects continued pressure on Biden to lean more into populist, anti-corporate appeals.…

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