On June 27, the Valdai Club hosted a discussion on the confiscation of Russian assets abroad. The moderator, Ivan Timofeev, highlighted that a new development has emerged in this regard. While previously, the emphasis was on freezing assets, the current concern involves the dispossession of property rights. He went on…
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…
With summer finally here, it’s the perfect time to enjoy the warmer weather by exploring the great outdoors. Yet, although the 2021 census found that 87% of UK households have a garden, many people overlook the simple joy of spending more time looking after it. As well as allowing you…
Generative AI’s (GenAI) power to transform every aspect of our lives is now common knowledge But business leaders are still unsure exactly how to make this revolutionary technology an integral part of their activities. The truth is that the integration of Generative AI for operations requires a very different approach…
27 June 2024By Othman Bouabdallah, Ettore Dorrucci, Lucia Hoendervangers and Carolin NerlichEurope needs trillions of euros to manage climate change, become digital and defend itself. How can EU and national policymakers support these projects? This Blog post discusses the options in times of low growth and high public debt levels.The…
Following a record showing in 2022, the global banking sector continued to exceed expectations during 2023. Global return on tangible equity reached 13 percent in 2023, its highest level since the 2008 financial crisis. Meanwhile, the worldwide Tier 1 ratio hit a ten-year high of 13.4 percent, and net interest…
The European Football Championship is in full swing. Germany beat Scotland 5:1 in the opening game. But for the host country, it is not just about sports. The Euro 2024 and the upcoming Summer Olympics in Paris belong to the category of mega-events where billions are at stake – and…
Since it was founded in the United Kingdom close to two decades ago, enterprise software company Anaplan has been built around the core concept of what it has dubbed “connected planning.” For customers who had long dealt with a messy patchwork of different systems and manual processes, this has meant…
For chief marketing officer success, focus on helping them attain the right skill set at the right corporate growth stage. Kimberly A. Whitler and Jonathan Metrick June 26, 2024 Reading Time: 6 min Nick Lowndes/Ikon Images Chief marketing officer turnover has long been a challenge for companies. As a company…
To bring Hong Kong’s Foreign-Sourced Income Exemption (FSIE) regime in line with the European Union’s updated guidance on FSIE regimes promulgated in December 2022, the Inland Revenue (Amendment) (Taxation on Foreign-sourced Disposal Gains) Ordinance 2023 was enacted on 8 December 2023 to refine Hong Kong’s FSIE regime with effect from…
Your relationship with money may play a huge role in how you handle financial decisions and your long-term security. Many factors affect your financial decisions, but you might be surprised by how much your childhood experiences still influence you today. The majority of parents recognise how important financial education is.…
Over the past decade, private-capital firms and insurers have built a symbiotic relationship. Private-capital firms, which typically raise money from institutional investors such as pension funds and sovereign wealth funds, encompass multistrategy private-market firms, private-credit firms, private equity firms, and real estate firms. Tie-ups with insurers have allowed private-capital firms…
Q: When we talked two years ago, you described an industry in search of a profitable business model. You warned that companies would be in for a tough stretch. Where do things stand now? It’s been a very difficult two years for the entertainment sector— worse than we could have…
The advent of Generative AI (GenAI) has ushered in a new era of possibilities for businesses, allowing them to harness the power of artificial intelligence in unprecedented ways. With the global generative market currently worth $44.89 billion and expected to reach $66.62 billion (Statista) by the end of the year,…
Quick Hits On June 21, 2024, two bills were introduced in the California Legislature to reform PAGA, which could provide a measure of relief to California employers and much-needed increased court oversight. Notably, the proposed amendments would allow an employee to bring PAGA claims only for Labor Code violations the…
Many businesses are loath to share proprietary information with others, fearing it will undercut their long-term financial prospects. They view openness as a threat to innovation.But a new years-long study of the wireless router industry shows that businesses that are transparent with suppliers and partners about their technologies can increase…
At a glance Labor markets in advanced economies today are among the tightest in two decades, not merely a pandemic-induced blip but rather a long-term trend that may continue as work forces age. Tightness means forgone economic output. We estimate that GDP in 2023 could have been 0.5 percent to…
The Polish government considers it absolutely necessary to develop NATO’s military presence on the so-called “eastern border”, the accession of Sweden and Finland to NATO and the development of the Alliance’s military infrastructure on their territory. In Sikorski’s understanding, it strengthens transatlantic unity and security in the Baltic Sea region.…
As we move further into 2024, inclusivity in consumer healthcare marketing will continue to be more of a strategic imperative rather than just a nice-to-have for brands. We know that Generation Alpha is more value-motivated than the proceeding generations (as we’ve seen reflected in their skincare and beauty purchasing) but…
It’s a manager’s nightmare: A customer pulls into a drive-thru after a long day at work with children in tow, everyone looking frazzled and famished. After waiting patiently in line, the customer grabs her bag of burgers through the window and happily zips away—until her kids rip open their bounty…
Too many GTM efforts in B2B companies are focused on leads and pipeline creation, causing them to wonder why that doesn’t work well for them. Outcomes are unpredictable and the marketing and sales teams are badly aligned. That’s why in my blog post “Modern Demand Management,” I proposed a “VAP”…
In the United States each year, resettlement agencies assist tens of thousands of refugees in finding new homes and employment; in fiscal year 2023, more than 60,000 people received resettlement services in this country. The task is monumental—and essential, as the number of displaced people around the world continues to…
The stock market offers daily lessons in animal spirits and, occasionally, something more. Every so often, investors become obsessed with a small group of companies, and clever analysts give them a name that resonates with the investing public. In the ’60s, we had the Nifty 50; in the 2010s, we…
What if every time your customers engage with your business, they feel satisfied, appreciated, and understood? Implementing a thoughtful customer experience strategy ensures just this, but mastering the art of customer experience is easier said than done. Join us as we explore the transformative impact of effective customer experience strategies that leverage data, technology, and […] The post What is a Customer Experience Strategy? appeared first on Accelare.
Every business must make sure that its growth prospects are clear and that the resources needed to achieve these goals are readily available. However, the increasing uncertainty in the market environment may hinder businesses’ ability to secure financing, ultimately affecting their capacity to implement certain strategies. These uncertainties are particularly…
In order to understand this phenomenon, it is necessary to think differently and adopt a new approach. The current way of thinking has not been successful in addressing this issue. Furthermore, there is a certain degree of critical blindness with regard to the current situation. This largely reflects the dominant…
Many digital laws were enacted in the past, mostly under the EU’s Digital Agenda and Digital Single Market (DSM) programmes. In the current legislative term, which is coming to an end, important new measures relevant to digitalisation such as the Digital Markets Act (DMA), the Digital Services Act (DSA), the…
After months of bickering over whether and how to confiscate Russian sovereign assets, G7 members on 14 June agreed to use future profits from frozen funds held by Euroclear in Belgium to prop up a loan for Ukraine of up to €50 billion. That makes sense, as a full-blown confiscation…
25 June 2024By Piero CipolloneA digital euro would combine the convenience of digital payments with cash-like features. ECB Executive Board member Piero Cipollone explains how a digital euro would enhance Europeans’ freedom of choice when deciding how to pay.Freedom lies at the heart of the European Union’s principles. Every EU…
Carolyn Geason-Beissel/MIT SMR | Getty Images For the growing number of organizations committing to decarbonization, meeting their goals can take a frustrating amount of time. The decarbonization journey is a nontraditional marathon — with a lot of ambiguity regarding the nature of the track — and many organizations struggle to…
Quick Hits Following the lead of California, Colorado, Hawaii, New York, Washington, and the District of Columbia, Maryland’s Equal Pay for Equal Work – Wage Range Transparency Act will require employers to disclose certain wage information in both public and internal job postings. The law was signed into law by…
Three-year, projected multibillion-dollar strategic partnership will focus on creating innovative industry solutions that deliver transformative outcomes for businesses and society Hitachi Group will embed the Microsoft cloud, Azure Open AI Service, Dynamics 365, Copilot for Microsoft 365 and GitHub Copilot into its Lumada Solutions to accelerate growth of the Lumada…
Seyfarth Synopsis: PAGA reform has officially been introduced in the state Assembly and Senate! The language of the bills were released detailing the most substantive changes to PAGA in its 20-year history. The bills have numerous provisions that benefit California employers, including imposing more restrictive standing requirements for plaintiffs, codifying…
70 years ago, the BBC broadcast its first daily television news programme. Since then, round-the-clock news has become available, and you can get the latest headlines with a few taps on your smartphone. While being connected can be positive, for investors, it can make periods of volatility and choosing an…
As financial planners, we often talk about the importance of working towards long-term goals and security. As part of your financial plan, you might be putting money into a pension for retirement or building an emergency fund to safeguard your finances if you experience a shock. Considering your long-term ambitions…
2 in 5 UK retirees have retirement regrets, according to a Canada Life survey. If you’re saving towards your future, you could learn some valuable pension lessons and avoid repeating the same mistakes. Securing the retirement you want often means thinking about this milestone many years before you celebrate it.…
We’re supporting more organizations to establish 15 new cybersecurity clinics across the U.S.
Amendments to the Company Law of the People's Republic of China (the “New Company Law”) were passed on December 29, 2023, and will come into effect on July 1, 2024. The New Company Law consists of 15 chapters and 260 articles, with substantial additions and modifications of around 70 articles…
The number of retirees who could face an Income Tax bill is expected to rise. If your total income could exceed tax thresholds, there might be some steps you can take to reduce your tax bill. The Personal Allowance is the amount of income you can receive before you usually…
Trade associations representing independent repair facilities have become strong advocates for expanding right to repair laws to increase member access to vehicle telematics data. These efforts have created uncertainty for auto manufacturers, most recently in Maine, where state legislators failed in their effort to amend that state’s right to repair…