Why curbing bad spending habits is better for your financial wellbeing than increasing income

The past few years have been challenging for British households as the cost of living crisis and rising mortgage costs stretched our budgets. Fortunately, inflation has fallen in recent months and certain expenses, including energy bills, have come down. This could mean that the pressure starts to ease and you…

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Scientists map how deadly bacteria evolved to become epidemic

P. aeruginosa is responsible for over 500,000 deaths per year around the world, of which over 300,000 are associated with antimicrobial resistance (AMR). People with conditions such as COPD (smoking-related lung damage), cystic fibrosis (CF), and non-CF bronchiectasis, are particularly susceptible.How P. aeruginosa evolved from an environmental organism into a…

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The Ultimate Leader Checklist

Just past the midpoint of the calendar year, July is frequently a month when leaders are looking to refresh their professional goals, thinking about new ways of working, new ideas for connecting with and leading their teams, and even new ways to define their organization’s culture or mission. To support…

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Best of Pioneers and Pathfinders: Cindy Cohn

In honor of Independence Day, we're revisiting our discussion with Cindy Cohn, executive director at the Electronic Frontier Foundation (EFF). For many years, Cindy has been a champion for civil liberties in the digital space. In our conversation, she spoke about the EFF's history and mission, as well as the…

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Mexico Amends Human Trafficking Law to Include Excess Work Shifts as a Crime of Labor Exploitation

Quick Hits Mexico’s Human Trafficking Law has been amended to define overtime work generated beyond legal limits as a form of labor exploitation. When overtime is generated, employers will have to pay for it and may be liable for fines and penalties. The Human Trafficking Law establishes a penalty of…

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5 Skills Your Managers Need (But Probably Don’t Have) to Effectively Interview Job Applicants

Did you know that 76% of hiring managers admit that attracting the right job candidates is their greatest challenge? Why? Because many managers lack key skills needed for effective interviewing. Culture matters to employees, but it’s just as crucial for hiring. Keep in mind that you’re not alone in searching…

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What does the future hold for India?

3D image of people forming the shape of India and organized based on their clothing color creating the pattern of the national flag. India is a place of superlatives. It’s home to the world’s fifth-largest economy. Its population, at over 1.4 billion people, has surpassed China’s to become the largest…

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From the Fall of USSR to the Rise of a Multipolar World. And Now What?

The fall of the USSR in 1989-91 provoked a sense of omnipotence in the dominant circles of Western capitalism, all the more so as it was preceded by a decade in which neoliberalism triumphantly ascended in the West itself (1980-90), as well as the decline of a series of Third…

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How Africa Can Embrace Venture Capital

According to the African Development Bank, 11 African countries currently feature in the top 20 fastest-growing global economies. The organisation’s latest Outlook Report estimates that real GDP (gross domestic product) growth for the continent is expected to average 3.8 and 4.2 percent in 2024 and 2025 respectively. That compares favourably to…

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When Being Responsive is a Responsibility

If a company manages to double the demand for its products, it will undoubtedly celebrate its outstanding performance. But when demand for a company’s products increases 10 times, there’s no time to celebrate. Instead, a supply chain shock ensues. This was the experience of Kenvue at the height of the…

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Supply chain ‘goes rouge’: Inside Coty’s makeover

Among tens of thousands of products, millions of customers, and an infinite number of outside forces shaping demand, how does one identify the next “it” beauty product—and get it in shoppers’ hands as quickly as they want it? While those questions were top of mind for Coty before the COVID-19…

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How euro area firms’ inflation expectations affect their business decisions

4 July 2024By Ursel Baumann, Annalisa Ferrando, Dimitris Georgarakos, Yuriy Gorodnichenko, Judit Rariga and Timo Reinelt Firms’ inflation expectations are key for monetary policy makers. The ECB Blog presents new survey data on these expectations, evidence on what influences them, how they change when new information becomes available, and if…

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10 ways to impact business velocity through Azure OpenAI Service

Organizations across industries are leveraging Microsoft Azure OpenAI Service and Copilot services and capabilities to drive growth, increase productivity, and create value-added experiences. The phrase, “time is money,” is commonly attributed to Benjamin Franklin, who first used it in his essay “Advice to a Young Tradesman,” published in 1748. Franklin…

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The ‘evergreen economy’: Harnessing the power of healthy longevity

The majority of people can now expect to grow older. By 2050, 1.6 billion people will be over the age of 65. The challenge—and opportunity—that comes with increased life expectancy is ensuring that those extra years are as healthy and productive as possible. It’s an attainable goal, asserts British economist…

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The European Health Data Space – What lies ahead?

In March 2024, the Council of the European Union and the European Parliament reached a deal on a provisional agreement for the European Health Data Space (“EHDS”) regulation as part of the broader EU data strategy. The Council of the European Union published the compromise text of this agreement as…

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Redundancy Dismissal Found to Be Unfair Following Failure to Consult Employee on ‘Pool of One’

Quick Hits The employer had not engaged in “meaningful consultation” with the employee, rendering the dismissal “procedurally unfair.” A fair redundancy process requires that employers adhere to a thoughtful and well-documented pooling and consultation process, which includes clear communication with affected employees. Background Zubair Valimulla worked for Al-Khair Foundation as…

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The Six Most Popular Stories of 2024 — So Far

Catch up on articles you might have missed and get expert advice on hard truths about meetings, AI and data science, return-to-office mandates, and more. Laurianne McLaughlin July 02, 2024 Reading Time: 3 min  subscribe-icon Subscribe Share When I interviewed Phillip G. Clampitt in early 2024 about how leaders could…

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Rhode Island Legislative Update 2024: New Laws on Leave Entitlements, Minimum Wage Exemptions, and Arbitration Agreements

Quick Hits Workers in Rhode Island will receive up to seven weeks of paid time off to bond with a new child or care for a sick family member in 2025. That number will increase to eight weeks in 2026. Domestic workers are now eligible for minimum wage and overtime…

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Microsoft Flight Simulator update includes Buffalo, Allentown and Washington, D.C.

Microsoft Flight Simulator: City Update IX highlights select locations throughout the northeastern United States with updated aerial imagery, new digital elevation models, and TIN (triangulated irregular network) surface texturing. The update includes the Washington, DC region; Buffalo, New York; Allentown, Pennsylvania area; and the East End of Long Island, New…

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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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