0 Have your say The impact of robotics on job opportunities in manufacturing and logistics in Peterborough is to come under the spotlight. The transformation of the workplace by automation and robotics will be detailed by Simon Jeffery, policy officer from research group Centre for Cities, at the next Bondholder Breakfast hosted by economic development company Opportunity Peterborough.Ahead of the meeting, Mr Jeffery said: “Manufacturing and logistics play a significant role in Peterborough’s economy so the city is likely to see a huge shift in the types of jobs available. Looking at today’s jobs market, businesses are looking for different skill sets compared to 10 years ago. “Where manual jobs may be lost to automation, artificial intelligence and robotics, the adoption of technology has created growing demand for skills in programming, interpersonal and analytical skills across the country. This puts an entirely new strain on businesses … [Read more...] about New warning about impact of robotics on the nature of work in Peterborough
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Greggs ups profit guidance as new product ranges pay off
Greggs ups profit guidance as new product ranges pay off BelfastTelegraph.co.uk Bakery chain Greggs has upped its profit guidance and pledged to continue innovating, a week after the launch of its vegan sausage roll caused a stir. https://www.belfasttelegraph.co.uk/business/uk-world/greggs-ups-profit-guidance-as-new-product-ranges-pay-off-37694920.html https://www.belfasttelegraph.co.uk/news/uk/article37694921.ece/0137f/AUTOCROP/h342/bpanews_77ff5116-c277-4383-a0d0-cfddb40eae56_1 Email Bakery chain Greggs has upped its profit guidance and pledged to continue innovating, a week after the launch of its vegan sausage roll caused a stir. The FTSE 250 firm now expects underlying pre-tax profits for the full 2018 financial year to be at least £88 million, slightly higher than previously guided. This comes as sales over the 52 weeks to December 29 rose 7.2%, driven by growth in newer categories such as breakfast and vegan-friendly food as well as classic bakes. Like-for-like … [Read more...] about Greggs ups profit guidance as new product ranges pay off
Tim Cook calls ‘bologna’ on speculation that Apple’s new iPhone XR is tanking
Tim Cook has dismissed as “bologna” speculation that Apple’s iPhone XR is a flop. In an interview with Jim Cramer, Cook said that since Apple started shipping the XR, it’s been the most popular iPhone every day. Apple has had a rocky start to 2019 after last week’s shock earnings warning. Tim Cook has called “bologna” on speculation that the iPhone XR is tanking. In an interview on CNBC show “Mad Money,” Jim Cramer asked for Cook’s response to analysts and commentators, who viewed the iPhone XR as a “flop.” “Bologna. I call bologna on that,” Cook replied. “Since we began shipping the iPhone XR, it has been the most-popular iPhone every day, every single day, from when we started shipping until now,” he added. But just hours after the interview, the Nikkei Asian Review reported that Apple is cutting iPhone production by 10% between January and March. This included the XR, which launched … [Read more...] about Tim Cook calls ‘bologna’ on speculation that Apple’s new iPhone XR is tanking
Catholic Medical Partners names new CEO
Dr. Thomas P. Lawrence will return to Buffalo to serve as president and CEO of Catholic Medical Partners. The Buffalo native was most recently chief medical officer at Innovative Health Alliance of New York in Albany. Catholic Medical Partners is a network of nearly 1,000 physicians who are affiliated with Catholic Health. Lawrence will begin his new role on Feb. 18. He fills a vacancy created when Dr. Michael Edbauer left last summer for a position with HealthNow New York. … [Read more...] about Catholic Medical Partners names new CEO
EU banking watchdog says new cryptoasset rules may be needed
LONDON - New European Union rules may be needed to better protect consumers from cryptoasset risks and stop diverging national regulations from creating unfair competition, the bloc's banking watchdog said on Wednesday. Regulators have warned investors since 2013 they could lose their shirts by investing in virtual currencies like Bitcoin and ether, or in initial coin offerings (ICOs) that raise money for companies in return for tokens. The value of bitcoin rocketed close to $20,000 in late 2017, sweeping up investors from across the world, but it has since lost three-quarters of its value. The value of cryptoassets globally peaked at $830 billion a year ago, but fell to $210 billion by October, equivalent to less than 3 percent of the gold market. The European Banking Authority (EBA) said in a report on cryptoassets that they typically fall outside the scope of EU financial rules, making it harder to build a detailed picture. EU regulators have identified financial institutions owning … [Read more...] about EU banking watchdog says new cryptoasset rules may be needed