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The future factory: a broader perspective on industry 4.0 By James Ridler For many, the future of food production lies purely in the latest technology, but there’s an increasing awareness that relying on a mix of old and new approaches is the way forward. For Siemens, simply parachuting the shiniest equipment and highest spec software into plants isn’t enough: the ‘future factory’ can only be realised through greater collaboration between food and drink manufacturers and machine builders. In ‘ Collaborating to Create the Future Factory for Food and Beverage Manufacturers’, the company finds ageing infrastructure and rising costs were assailing the industry even before Brexit and the pandemic became issues. ....
Risk.net Latest job changes across the industry Credit Suisse faces some tough choices as it absorbs the extraordinary losses inflicted by the Greensill and Archegos fund fiascos and subsequent ratings hit. On April 6, the firm announced an estimated pre-tax loss of approximately Sfr900 million ($963 million) for the first quarter, including a charge of Sfr4.4 billion ($4.7 billion) in respect of Archegos. At the same time, the firm announced that investment bank CEO Brian Chin and chief risk and compliance officer Lara Warner were stepping down from their roles with immediate effect. Christian Meissner, co-head of wealth management banking advisory and vice-chair of investment banking, will replace Chin in May. Meissner was previously head of global corporate and investment banking at Bank of America Merrill Lynch, and earlier co-CEO for EMEA at Lehman Brothers. ....
Asia’s Positive Stock Outlook Is Clouded By Chinese Selloff Bloomberg 5 hrs ago (Bloomberg) The allure of Asian stocks is fading after beating global peers last year. While 2021 began with investors expecting regional stocks to continue leading the global equity rebound as vaccine rollouts gather pace, that conviction now seems to be in short supply owing to a selloff in Chinese shares and concerns over dollar strength. The MSCI Asia Pacific Index is up just 3.3% year-to-date, compared with a gain of almost 10% each for equity benchmarks in the U.S. and Europe. The recent jump in real U.S. Treasury yields has put a squeeze on risk assets and prompted money managers to rethink geographic and cyclical exposure in their portfolios. Higher yields are also raising the odds of a stronger dollar a traditional negative for emerging Asia investors just when the worst rout in years in China, the world’s second-biggest stock market, has soured sentiment. ....
Asia's positive stock outlook is clouded by Chinese selloff indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Asia's Positive Stock Outlook Is Clouded By Chinese Selloff msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.