This story is from the June 2021 edition of Industry Leaders.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,000+ magazines and newspapers.
Already a subscriber? Sign in
This story is from the June 2021 edition of Industry Leaders.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,000+ magazines and newspapers.
Already a subscriber? Sign in
Architects Pick Their Favorite Building Material
Henry Ford, the father of assembly-line manufacturing, had a saying: “Any customer can have a car painted any color that he wants so long as it is black.”
POWERFUL WOMEN IN FINANCE
The coronavirus is not only a public health crisis of magnitude – it’s also a looming reshuffle of the global economic order. Leading through the pandemic and economic crisis is not a minor accomplishment, but the events of this past year haven’t stopped the 10 trailblazers who make up Industry Leaders’ Most Powerful Women in Finance list.
GERMANY ADOPTS NEW LAW TO HASTEN THE END OF COAL PLANTS
A new climate law adopted by Germany requires that all coal-fired power plants be shut down before the promulgated 2038 deadline. In January 2020, the German government had negotiated a deal worth €40 billion to phase out coal power by 2038, but now it seems the country is in a hurry to end its dependence on coal power due to urgent climate concerns.
IRS AND JUSTICE DEPARTMENT INVESTIGATING CRYPTO EXCHANGE BINANCE
Singapore-based Binance was co-founded in 2017 by Changpeng Zhao, and is the largest cryptocurrency exchange in the world. The US Commodity Futures Trading Commission (CFTC) is probing money laundering and tax-related offenses on the platform by any US citizen. They are investigating whether any illegal trading of derivatives linked to digital tokens was done. The United States residents can only purchase these kinds of products from firms registered with the CFTC.
GEN Z ANGELS
INVESTORS SEEM TO BE GETTING YOUNGER AND YOUNGER.
Biggest AI Talent Grab of the Year
In a post-COVID-19 world, the role of Mergers and Acquisitions (M&A) will be redefined. Companies striving to defend their existing markets and accelerate recovery are looking at a wide range of strategies such as alliances and partnerships. In addition, deal-makings now have to reflect the new environmental and societal priorities of the post-crisis world, which include making organic changes like going virtual, remote collaborations, and potentially less inperson networking.
POSTWAR BOOM
PANDEMIC BRINGS GOOD SALES GROWTH FOR LUXURY CAR BRANDS
GOOGLE PLANS TO BUILD A COMMERCIAL QUANTUM COMPUTER BY 2029
Google is confident it can build a commercial-grade quantum computer by 2029. The search engine giant’s chief executive Sundar Pichai announced the plan to build a quantum computer during the Google I/O stream. To follow through on this ambitious journey is an important milestone in the form of a new Quantum AI campus in Santa Barbara, California, where Google engineers and scientists will be hard to work to build the world’s first commercial quantum computer.
BEYOND THE STARS
The dream of space tourism is alive and well.
2021 SEMICONDUCTOR CHIP SHORTAGE
The semiconductor chip shortage is far from over but this hasn’t stopped governments around the globe from getting creative to move production ahead. The impact of the chip crisis on the automotive market has been debilitating, resulting in competition between automakers and electronics manufacturers.
GAVIN HOUSTON ON GH COMEBACK
Gavin Houston, who made his television debut back in 2002 as GUIDING LIGHT’s Remy and is also known for his role as Jeffrey on OWN’s prime-time sudser THE HAVES AND THE HAVE NOTS, is thrilled to have earned a return trip to Port Charles after making a positive impression when he appeared in several episodes in February as Portia’s brother, Zeke.
KYLE BEGS KATHY: LET'S KISS & MAKE UP!
CRAFTY Kyle Richards knows Real Housewives of Beverly Hills fans can't get enough of her and squabbling sis Kathy Hilton - so she's trying to make peace with the sassy socialite and lure her back to the Bravo show, tipsters tattle.
J.HUD CLEANS HOUSE!
Replaces Ellen pros with clueless buds
Anwar's JEALOUS OF DUA'S NEW MAN
She's levitating! Dua Lipa and Romain Gavras made their carpet official on May 19 at the Cannes Film Festival premiere of The King of Algiers.
Harry CRUSHING ON CANDICE!
Sparks are flying between Harry Styles and Candice Swanepoel.Emily Ratajkowski
Life In the FAST LANE
Jordana Brewster chats with Us about Fast X, finding The One and why she feels like she's just getting started
HARRY STYLES ON MODEL BEHAVIOR!
HORNDOG Harry Styles has been hooking up with South African catwalker Candice Swanepoel, but he's looking to emulate Leonardo DiCaprio by notching as many model conquests as possible, sources tell The National ENQUIRER.
BENNIFER'S $600 MILLION DIVORCE DEAL!
J.Lo protects dough as doomsday looms
TORN-UP TAYLOR KEEPS TABS ON JOE
Secretly spies on one that got away
THE KARDASHIAN CURSE!
Kylie manhandles doomed Chalamet