Isles’ new UBS Arena to prioritize mobile technology

UBS Arena planners want to ensure most of the physical contact in the under-construction building at Belmont Park will take place on the ice during Islanders games.

The COVID-19 pandemic has radically refocused thinking on health and safety protocols, and UBS Arena will prioritize mobile technology to reduce “touch points.”

“We have a chance to build into the original fabric of our arena various things that will keep our fans safe and sound,” Islanders co-owner Jon Ledecky said on a webinar released on Thursday detailing some of the health and safety precautions being designed in conjunction with arena sponsor Northwell Health and developer Oak View Group.

“The most important thing we’re facing off against is the comfort of home and being on the sofa,” Ledecky said. “We have to give a reason for the customer to come out and come to UBS Arena. We have to make sure that the

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‘Great Polarization’ May Be Next for World’s Rich, UBS Says

Spy Scandal Leaves UBS Group AG With A Headache

Photographer: Stefan Wermuth/Bloomberg

The huge boost to the fortunes of technology and health-care billionaires during the coronavirus pandemic may be the beginning of a more permanent trend.

The Covid-19 shock could act as a catalyst to spur increased opportunities for those who offer digital or other tech solutions, while the wealth of those in older industries may in turn suffer, UBS Group AG and PricewaterhouseCoopers said Wednesday in a report.

“Those that are the innovators and the disruptors, the architects of creative destruction in the economy, are still increasing their wealth,” the 2020 Billionaires Insights report found. “The net wealth of billionaires in entertainment, financial services, materials and real estate sectors lagged the rest of the universe.”

Despite the global economic shock, the world’s 500 richest people are a combined $813 billion richer now than they were at the beginning of the year, according to the Bloomberg

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Billionaire wealth reaches new high during COVID-19 pandemic – UBS

ZURICH, Oct 7 (Reuters) – Billionaire wealth reached record high levels amid the COVID-19 pandemic, a report by UBS and PwC found, as a rally in stock prices and gains in technology and healthcare helped the wealth of the world’s richest break the $10 trillion mark.

The report, covering over 2,000 billionaires representing some 98% of the cohort’s total wealth, found billionaire wealth grew by more than a quarter during the early months of the pandemic to reach $10.2 trillion in July, breaking the previous record of $8.9 trillion at the end of 2019.

The figure represents a five- to ten-fold rise over the past 25 years, the span covered by the UBS and PwC database, when billionaire wealth stood at just over $1 trillion.

Between April 7 and July 31 this year, billionaires across every industry covered by the study saw their wealth rise by double digits, with billionaires

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