Brittle US food supply chains need a rethink as weather takes its toll on crops
Increasingly frequent extreme weather events and supply chain disruptions are affecting the flow of food ...
– In a trading update before the market open, the Zurich-based lender said a number of other banks were also affected and had begun exiting their positions with the firm.
– The bank added that it would provide a further update on the matter “in due course.”
Credit Suisse warned Monday of a “highly significant” hit to to its first-quarter results, after it began exiting positions with a large U.S. hedge fund that defaulted on margin calls last week.
In a trading ...