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  • What entrepreneurs can learn from F1: Racing boss James Vowles shares 10 leadership lessons

    What entrepreneurs can learn from F1: Racing boss James Vowles shares 10 leadership lessons

    The British F1 team principal brought the beleaguered Williams back from the brink with a focus on process, points and people.

    James Vowles knows what it takes to perform under pressure. “We race on TV and in front of 70 million people,” he tells Monocle. But despite the high-speed, high-stakes nature of F1, Vowles insists that the fundamentals are the same as any business. “You want strong foundations, clear systems and smart use of data –  people are at the heart of it all.”

    After helping to steer Mercedes to multiple Formula One titles, he took over as team principal at Atlassian Williams Racing in 2023 and quickly made an impact, playing a key role in securing Carlos Sainz Jr for the team.

    Now signed to a new long-term deal, Vowles heads into the British Grand Prix with Williams sitting fifth in the constructor’s standings – a vast improvement on the bottom-dwelling position they held for four of the five years prior to Vowles taking charge.

    Monocle Radio spoke to Vowles about how to build a winning culture for our podcast The Entrepreneurs. Here are 10 key leadership lessons the motorsport boss shared.

    Eyes on the prize: James Vowles (Image: Alamy)

    1. 
    Tear down what’s familiar to build something better
    “We had to go from settling to settling for nothing but the best, and to do that we had to break everything. Changing culture takes a shift in thinking but it works. It’s changed our mindset in a short time.”

    2. 
    Don’t rest on your laurels
    “Our history makes me proud but it won’t win future races. I’m here to fight for championships and that means thinking long-term and aiming higher than fifth or sixth.”

    3.
    Embrace failure as part of the process
    “How you deal with poor performance defines you. We’re going to fail a tremendous amount. The really important bit is how you take that learning and reapply it back into what you do in a positive way.”

    4. 
    Hire people more intelligent than you
    “I’m not the most intelligent person at Williams and I shouldn’t be. My job is to assemble world-class talent, empower them and know when to get out of their way. That’s how you build future leaders and successors.”

    5. 
    Direction is often more important than the answer you provide
    “Indecision is worse than a wrong call. People are often afraid of making decisions. I’m not. The answer might not be perfect but we’ll be moving forward together.”

    6.
    Be visible and communicate constantly
    “I’ll email the whole factory three times a week and do team talks after every race. We’ll hold monthly meetings with the full company. I also make a point to walk the factory. And I know that I need to do even more.”

    7.
    Create space for the next generation
    “More than 10 per cent of our team is in early careers. I want success today but I’m here to build the backbone of the next 10 to 15 years. To do that, you invest in graduates, those at university and apprentices.”

    8.
    To get the best out of people, genuinely care about them
    “I’m hugely appreciative of people’s time, because they could be spending that minute with their family, and they’re not. They’re by my side as we work towards building this team up into championship material and that will buy infinite respect with me.”

    9.
    Stay authentic, especially under pressure
    “You have to believe in what you’re doing with all your heart, because ultimately, that’s what’s going to drive you on every single day when things get tough. And that’s where your true personality comes out. So if you put up a façade, it’ll eventually be broken down.”

    10.
    Play the long game
    “I don’t believe in any short-termism. I’m not going to go short term because it’s not right for Williams and its future. I wear the Williams shirt with pride but it’s not mine to keep. It’s mine to put into a better place and eventually pass on to future generations.”

    Listen to our full interview with James Vowles on The Entrepreneurs.

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  • Katy Perry and Orlando Bloom split after nine years together – USA Today

    Katy Perry and Orlando Bloom split after nine years together – USA Today

    1. Katy Perry and Orlando Bloom split after nine years together  USA Today
    2. Katy Perry and Orlando Bloom split six years after engagement  BBC
    3. Orlando Bloom shares Carl Jung quotes reflecting on “loneliness” after split from Katy Perry  The Express Tribune
    4. EXCLUSIVE: The True Reason Katy Perry and Orlando Bloom Broke Up — ‘Both Their Stars Are Fading’  RadarOnline
    5. Katy Perry and Orlando Bloom Confirm Split, Say Their ‘Priority’ Is Daughter Daisy amid ‘Shifting’ Relationship: Reps  People.com

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  • Portuguese man o’ war turn out to be four separate species

    Portuguese man o’ war turn out to be four separate species

    Long believed to be a single, globally distributed species drifting freely across the open ocean, the bluebottle – also known as the Portuguese man o’ war – has been revealed to be a group of at least four distinct species, each with its own unique morphology, genetics, and distribution.

    Uncovered by an international research team led by scientists at Yale University, the University of New South Wales, and Griffith University, the genetic discovery is being heralded as something of a revelation to the marine biology community.

    It was made when researchers began sequencing the genomes of 151 Physalia specimens from around the world. Now published in the journal Current Biology it found “strong evidence of reproductive isolation” among five genetic lineages.

    “The genetic data clearly show they’re not only different, they’re not even interbreeding despite overlapping ranges,” said Professor Kylie Pitt, a professor at Griffiths University. 

    The bluebottle is uniquely suited to long-distance travel, using its gas-filled float and muscular crest to catch the wind and sail the sea surface. Using an integrative approach, the team matched genomic lineages with four distinct physical forms identified from thousands of citizen-science images submitted to iNaturalist.org.

    Interestingly, this isn’t the first time the suggestion that the bluebottle was in fact four morphological separate species has been made. The idea was originally proposed in the 18th century and again in the 19th century but dismissed each time.

    Using today’s advances in science, however, the suggestions have indeed been verified by modern genomic evidence.


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  • Oasis in row with photo agencies over pictures from reunion shows | Oasis

    Oasis in row with photo agencies over pictures from reunion shows | Oasis

    A row has broken out over restrictions imposed on how newspapers, magazines, TV broadcasters and digital publishers can use pictures taken at Oasis reunion gigs, as the band prepare to play the first night of what is expected to be the most profitable tour in UK history.

    Photo agencies and publishers have been told they can use shots of the first concert, which takes place in Cardiff on Friday, for one year and then the rights revert back to the band and management.

    The industry norm is that such deals for independent photographers from agencies are struck in perpetuity, so publishers can continue to use shots for pieces such as band retrospectives, tributes and to illustrate future concerts.

    The News Media Coalition (NMC) – which represents national newspaper groups including Guardian News & Media, the Telegraph, the Sun and Times publisher News UK and the Mirror and Express owner Reach – has lodged a complaint after 11th-hour negotiations failed to sufficiently improve the terms.

    The NMC also represents agencies including Thomson Reuters, Associated Press, PA, Shutterstock, Getty Images, France’s AFP and Spain’s EFE.

    “News photography has had a significant role in amplifying interest and telling the visual cultural story of artists such as Oasis, it’s part of the legacy,” said Andrew Moger, the chief executive of the NMC. “And that does not stop after 365 days.”

    It is understood that the initial terms proposed were for the right to use images for just one month.

    While the one-year permission deal has been agreed for the first gig, the NMC is pushing for better terms for the remaining 40 dates.

    It has written on behalf of news agencies and its news publisher members to Oasis’s management about the restrictions imposed.

    “Oasis Live 25 will attract editorial coverage throughout the 41-date tour and for years to come,” Moger said. “We invite the concert organisers to withdraw the ‘shelf-life’ of such newsworthy material and not to diminish the copyright work of photographers who are in their own way artists too.”

    The NMC said that the “highly unusual” restrictions would hit independent news agencies in the UK and abroad, as well as publishers and broadcasters who use stills to illustrate editorial reports.

    The row is the latest issue to beset the highly anticipated tour, which brings brothers Noel and Liam back together for the first time in 16 years.

    Earlier this week, it emerged that the UK competition watchdog ha written to Ticketmaster threatening legal action over the way it sold more than 900,000 tickets for the reunion gigs.

    In March, the Competition and Markets Authority (CMA) published concerns that Ticketmaster may have misled fans, some of whom paid more than £350 for tickets with a face value of £150, in the way it priced tickets for the band’s comeback gigs when they went on sale last August.

    The watchdog said that since then Ticketmaster had failed to provide any undertakings that it found acceptable to resolve the issue of the way it sold the tickets.

    The CMA is concerned that the ticketing company may have breached consumer protection law by labelling certain seats as “platinum”, and selling them for almost 2.5 times the price of standard equivalent tickets, without sufficiently explaining that they did not offer any additional benefits and were often located in the same area of a stadium as standard tickets.

    The regulator also said fans were not informed that there were two categories of standing tickets at different prices, with many waiting lengthy periods in online queues without understanding they would be paying much higher prices than they expected.

    Oasis was approached for comment.

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  • Luca Bernabei Steps Down as Lux Vide Chief

    Luca Bernabei Steps Down as Lux Vide Chief

    Luca Bernabei is stepping down as CEO of Lux Vide, the Fremantle-owned Italian production powerhouse behind shows such as “Medici,” “Devils” and medical procedural “Doc,” the U.S. remake of which is produced by Fox and Sony Pictures Television.

    Bernabei is parting ways with Fremantle three years after the RTL-owned production and distribution giant acquired a 70% stake in the company founded in 1992 by his father Ettore Bernabei. Fremantle has now completed its planned 100% purchase of Lux Vide that has been increasingly pushing into the U.S. and international markets with high-end premium shows. 

    Lux Vide currently has two big English-language series – “Hotel Costiera” toplining Jesse Williams, a Prime Video original in several territories, and Italian state broadcaster RAI’s “Sandokan” with Turkish megastar Can Yaman slated for play later this year.

    News that Bernabei is stepping down was provided by a Fremantle statement on Friday announcing a new Lux Vide management board. No reason was provided for Luca Bernabei’s departure.

    Luca Bernabei’s sister Matilde Bernabei, who co-founded Lux Vide with her father and has been instrumental to the company’s success in past decades, remains on the board in a stronger role than before, having been appointed Lux Vide president. She was previously the company’s honorary president.

    The new Lux Vide management board will be made up by Valerio Fiorespino who is interim COO and CEO of Fremantle Italy Group; Elena Bucaccio, head of drama, Lux Vide; Corrado Trionfera, head of production Lux Vide; Manuela Monterossi, who is general counsel of Fremantle Italy Group; Valentina Monaca, who is CFO of Fremantle Italy Group; and Barbara Pavone who is Lux Vide’s chief marketing and sales officer.

    “We are happy to present our new management team,” Matilde Bernabei said in the statement.

    “They are highly experienced professionals and recognized leaders. I am happy to be able to work with them to take Lux Vide to new heights, also thanks to our solid relationship with Fremantle,” she added.

    “Since day one, Fremantle has fully supported the company, the team and the projects,” Matilde Bernabei went on to point out.

    “Series such as ‘Hotel Costiera’ and ‘Sandokan’ are proof of this: international productions that we could not have made without their involvement,” she concluded.

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  • Apple Martin Channels Mom Gwyneth Paltrow at the Peak of Her Cool ’90s Powers

    Apple Martin Channels Mom Gwyneth Paltrow at the Peak of Her Cool ’90s Powers

    The apple doesn’t fall far from the tree, and the energy of Gwyneth Paltrow at the peak of her ’90s cool girl powers continue to permeate today—case in point, her daughter Apple Martin.

    Photographed on a casual dog walk through the Hamptons yesterday (July 3), Apple Martin went for a relaxed look: She wore a white cable knit sweater over a white tank top, with navy adidas shorts, and black ballerina pumps with eyelet-studded straps. While the wired headphones (Apple Martin, an surprising certified wired-it girl) add that first layer of nostalgia, it’s the up-do and the circular black sunglasses that give her the ’90s stylings of her mother.

    It’s a look that almost exactly reflects her mother at the 1996 premiere of her film The Pallbearer. Here, Paltrow was photographed with her then-partner Brad Pitt at the Tribeca Film Center in New York City, where she wore a white, lightly floral patterned shirt, her long blonde hair in a relaxed off-center up-do, and a pair of small, dark sunglasses.

    Photo: Getty Images

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  • Baker McKenzie Advises Swyftx on its Acquisition of Caleb & Brown | Newsroom

    Baker McKenzie Advises Swyftx on its Acquisition of Caleb & Brown | Newsroom


    Baker McKenzie has advised the cryptocurrency exchange, Swyftx, on its acquisition of the boutique digital assets brokerage, Caleb & Brown, the largest recorded digital assets M&A transaction in Australia and New Zealand. The deal provides Swyftx with enhanced access to the US market, complementing Swyftx’s global expansion strategy. Swyftx was founded in 2018 and today has more than 1.2 million customers.

    Led by Baker McKenzie Corporate M&A specialists Robert Wright (partner, Hong Kong) and Vi Ky Lam (counsel, Sydney), the team was supported by Lance Sacks (partner, Sydney), Peter Keeran (associate, Melbourne) and Michelle Heisner (partner, New York) alongside Financial Services Regulatory specialists Karl Egbert (partner, New Work), Terence Gilroy (partner, New York), Bill Fuggle (partner, Sydney) and Trudi Procter (partner, Brisbane).

    Rob Wright commented: “We are excited to have had the opportunity to support Swyftx on this important transaction, reflecting increasing institutional interest and a move towards further consolidation across the digital assets sector. This transaction leverages Baker McKenzie’s cross-border M&A transactional capabilities across Asia Pacific and North America, alongside our regulatory expertise across the emerging digital assets sector.”

    Vi Ky Lam added: “Coordinating across multiple workstreams was crucial, and our cross-border team worked seamlessly, utilizing their expertise to navigate these challenges. This deal underscores our Firm’s ability to handle complex transactions with precision and dedication.”

    A transactional powerhouse with more than 2,500 deal lawyers in more than 40 jurisdictions, Baker McKenzie offers pragmatic counsel in the areas most critical for business. The Firm offers an unparalleled end-to-end service for technology M&A, covering the entire lifecycle of deals. The global fintech team provides the full range of legal services that clients need to develop, offer, and utilize products and services, such as those involving embedded finance, payment solutions, digital assets, lending, and digital banking. The team’s extensive experience acting for clients spanning the fintech sector, including many of the world’s largest financial institutions and most innovative technology companies, enables them to successfully assist fintech clients with a full range of regulatory and commercial complexities in both established and emerging markets.

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  • TOI-4465 B: New Giant Exoplanet Discovered 400 Light-Years Away – SciTechDaily

    1. TOI-4465 B: New Giant Exoplanet Discovered 400 Light-Years Away  SciTechDaily
    2. NASA exoplanet-hunting spacecraft and citizen scientists discover a cool new alien world  Space
    3. NASA and Stellar Citizen Scientists Network confirm new Exoplanet TOI-4465 by using backyard telescopes  The Desert Review
    4. University of New Mexico astronomers discover massive gas giant planet  KOAT
    5. Worldwide Team of Citizen Scientists Help Confirm a Tricky Exoplanet  Universe Today

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  • KP govt launches good governance roadmap

    KP govt launches good governance roadmap

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    PESHAWAR, Jul 04 (APP):Chief Minister Khyber Pakhtnkhwa, Ali Amin Khan Gandapur on Friday unveiled Khyber Pakhtunkhwa’s ambitious good governance roadmap during a ceremony at the CM’s House, attended by cabinet members, senior officials, and development partners.

    The two-year plan introduces comprehensive reforms across twelve sectors with strict performance-based evaluation systems.

    Key governance reforms include merit-based appointments, a Provincial Action Plan for timely mega project completion, and priority funding allocation.

    The roadmap particularly focuses on healthcare (upgrading 250 health centers for round-the-clock maternal care and ensuring full medicine availability), education (halving out-of-school children numbers), and disability inclusion (10,000 scholarships and assistive devices).

    Economic initiatives feature four new economic zones, livestock vaccination programs, and agricultural development including 1,000 premium fruit orchards. Infrastructure projects include the D.I. Khan-Peshawar Motorway and modernized vocational training institutes.

    The environmental package covers solar energy for 130,000 households and upgraded waste management systems.

    Tourism receives special emphasis with 50 new resorts and a homestay program across seven districts.

    Chief Secretary-led quarterly reviews and an independent monitoring mechanism will track implementation. “This roadmap delivers our promise of transparent, performance-driven governance,” stated Chief Minister noting all targets have clear timelines and accountability frameworks.

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  • China Imposes Anti-Dumping Duties on European Brandy as Trade Tensions Rise – Al Arabiya English

    1. China Imposes Anti-Dumping Duties on European Brandy as Trade Tensions Rise  Al Arabiya English
    2. Brandy Was a Hit Drink. Now It’s a Poster Child for the Trade Wars.  WSJ
    3. Pernod Ricard reaches agreement in China’s cognac dumping probe  Investing.com
    4. China Waives Tariffs for 34 Brandy Firms With Pricing Guarantee  Vino Joy News
    5. Reprieve for Cognac giants and travel retailers despite Chinese imposition of five-year anti-dumping duties  Moodie Davitt Report

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