Aryzta reveals turnover increase

first_imgAryzta’s European arm experienced a 1.6% growth in revenue to €321.2m (£260.8m), while underlying growth declined by 0.2%, in its first-quarter financial results.The Swiss-based speciality bakery firm, which owns brands such as Delice de France, La Brea and Honeytop, published its latest financial results this morning (3 December) for the 13 weeks to 31 October.It revealed a 9% increase in Group revenue to almost €1.1bn (£892m), alongside a 7.9% rise in its food business’ overall revenue to €747.5m (£607m) during the first quarter.Aryzta said the drop in underlying revenue in its European Food business during Q1 “illustrates a sequential improvement, compared to the larger declines experienced over the previous three quarters”.Owen Killian, chief executive, Aryzta, said: “Our performance during the period was satisfactory, given that the global trading environment remains very challenging and has not improved since our year-end results announcement in September. As previously highlighted, FY 2013 will be another year of substantial transformation and reorganisation for Aryzta.“Based on the Q1 performance, we continue to view the outlook and guidance issued with our 2012 full-year results as valid.”He added that Aryzta Europe remains very challenging, reflective of the weak macro consumer dynamics in the region and widening government austerity measures.Looking ahead, Aryzta said: “Our strategy to deal with this challenging market environment remains the completion of its reorganisation and transformational ATI program. Based on the continued progress of this program, and the performance during the period, our previous outlook and full-year guidance of 5-10% growth in underlying fully diluted EPS remains unchanged, despite the overall challenging trading conditions related to weak consumer dynamics.”last_img read more

Grab ‘n Go undergoes reform

first_imgSeven points will go a lot further at Grab ‘n Go after spring break when additional items become available at both the North Dining Hall and South Dining Hall locations. Sophomore Nimmy Thomas, a member of student government’s Constituent Services Committee, said after spring break, Grab ‘n Go options will be standardized at North Dining Hall and South Dining Hall locations. “Currently there is a discrepancy in the type of food served at both the North and South Dining Hall Grab ‘n Go’s,” Thomas said. South’s Grab ‘n Go will offer Pop Tarts, pita chips and hummus, Goldfish crackers and animal crackers, all of which were previously exclusive to North. North Dining Hall’s Grab ‘n Go will have granola bars, cereal bars and apple slices, which were only in the South location before, she said. Mark Poklinkowski, general manager of South Dining Hall, said its Grab ‘n Go began adding Pop Tarts, Goldfish and pita and hummus this week with much demand from students. “The hummus and chips … have been going like crazy,” he said. “We tried to warn our supplier on the Pop-Tarts that we were going to be needing a lot, and it looks like they’re already going to run us out by the end of this week.” In addition to these changes, Thomas said gluten-free options will be available to students who need them. “There will be Chewy bars and crispy rice, and those will be two Grab ‘n Go points,” Thomas said. “They have to be specially requested, and you have to have the marker on your ID that says you need a gluten-free diet.” Thomas said the Constituent Services Committee chose to focus on Grab ‘n Go reform because of student feedback on Whine Wednesday surveys. “We asked students, ‘Would you like Grab ‘n Go reform to go through?’ and 66 percent of the student body who responded stated that Grab ‘n’ Go needed to be changed,” she said. But Thomas said some of the changes students suggested were not feasible. “Some of the changes that we wanted to bring initially included having a hot meal served, but the idea of our University is that communal meals are preferred because they encourage community-building,” Thomas said. “All those ideas were changed to fit the ideals of the University.” Students also requested a salad bar with more vegetarian options, but Thomas said the Grab ‘n Go facilities could not accommodate that. Once the Constituent Services Committee drafted a proposal for changes to Grab ‘n Go, Thomas said Food Services was open to the ideas presented. “Within about two weeks [after submitting the proposal to Food Services] they told us everything will be changed over spring break,” she said. “They were very receptive to our ideas.” Poklinkowski said Food Services easily agreed to the changes because students had requested them in the past. “It really made sense with what we’ve heard,” he said.last_img read more

Analysts: More Global Momentum Toward Renewables

first_img FacebookTwitterLinkedInEmailPrint分享Bloomberg New Energy Finance:The continuing plunge in costs for solar and wind energy, and for lithium-ion batteries, means that market opportunities will keep opening up for clean power, storage and electric vehicles. In 2017, we saw new records set for the tariffs in renewable energy auctions around the world, at levels – for instance $18.60 per MWh for onshore wind in Mexico – that would have been unthinkable only two or three years ago.In batteries, we estimate that lithium-ion pack prices fell by no less than 24% last year, opening up the prospect, with further cost improvements, of EVs undercutting conventional, internal combustion engine cars on both lifetime and upfront cost by the mid-to-late 2020s.Detailed analysis by our teams suggests that these cost reduction trends are set to remain in place in the years ahead, thanks to economies of scale and technological improvements – although no trend is a straight line, given the importance of the supply-demand balance and commodity prices.The upswing in the world economy in recent months could also be helpful for the transition in energy and transport, since it has bolstered oil and coal (and, to a lesser extent, gas) prices, so tipping the competitive comparison a little further toward wind, solar and EVs. Investor confidence in our sectors has certainly been quietly improving, with the WilderHill New Energy Global Innovation Index, or NEX, which tracks the performance of around 100 clean energy and transport stocks around the world, climbing 28% between the end of 2016 and January 11 this year.However, and this is where the Dark Side comes in, there is room for concern about some of the risks in the wider world at the start of 2018, and about how waves created outside could wash into the energy transition. One particular risk is the uneasy co-existence of the most buoyant financial markets for more than a decade with the potential for a political or geopolitical shock – perhaps a collision between President Donald Trump and Robert Mueller, the special counsel investigating Russian interference in the U.S. presidential election; or a miscalculation on the Korean peninsula; or a military clash between Iran and Saudi Arabia.There is a more conventional market risk. A healthier world economy has raised the likelihood of tightening monetary policies in not just the U.S. but also Europe and Japan. Long-term interest rates have recently been rising – the U.S. 10-year up from 2% in September to more than 2.5% now – and a bigger move in the same direction could start to affect the cost of capital, and therefore the relative competitiveness, of high-capex, low-opex technologies such as wind and solar.The Trump administration will continue to pull every policy lever it can find to revitalize U.S. coal-fired power generation – but will not slow coal’s inexorable and inevitable decline. We are not sticking our noses out too far on this one, actually. Already, 2018 is scheduled to be the second biggest year in U.S. history for coal plant retirements, with 13GW of projects slated to shutter. A particularly cold first week of 2018 could boost the overall coal megawatt-hours a bit, but the total amount of coal capacity online will continue to decline.  In addition, on January 8, the Federal Energy Regulatory Commission rejected a request from Energy Secretary Rick Perry to have U.S. power markets reward coal and nuclear plants for the supposed “resilience” they provide to the grid. FERC, which historically prides itself on independence, rejected Perry’s request with a bipartisan 5-0 vote.The critical supports for U.S. wind and solar remain their tax credits, which survived last year’s tax-cut legislation relatively intact. While there are outstanding questions on how U.S. projects will now get financed in the wake of the tax changes, the pipeline looks relatively healthy for 2018.  However, if Trump chooses to impose trade tariffs or other penalties on foreign-manufactured PV cells, it could boost local prices for PV modules and render a meaningful portion of the U.S. solar project pipeline economically unviable. Ironically, Trump would likely justify such a move by professing his support for solar as two companies with U.S.-based manufacturing are pushing for the tariffs.The energy transition will continue apace in Asia’s two largest power systems, India and China, though the two countries face very different opportunities and challenges. India had a mixed 2017. While a decent 12GW of renewable energy were built, new investment in clean energy fell by 20%, as a result of a number of canceled auctions and power contract renegotiations. On the other hand, India also had a poor year on fossil fuel additions in 2017, with a significant number of projects slipping on their commissioning deadlines. The lag between financing and construction means that Asia’s third-largest economy is likely to see only about 10GW of renewable capacity built in 2018, while as much as 13GW of fossil fuel plants are commissioned, many of them the uncompleted projects from last year.However, 2018 will be the last year in which fossil fuels outpaces renewables in India. From 2019 onwards, greater policy certainty for renewables and a shrinking coal pipeline will mean more renewables built than fossil fuels each year. This will be a major milestone for a country that most see as a key battleground for the fight to stabilize global greenhouse emissions growth.China’s solar fever will continue to rage in 2018 (see Prediction 2, above). In 2018, China will also reach a turning point where it will build more “distribution-grid-connected” solar projects than the larger “transmission-grid-connected” projects and it will also double the volume of behind-the-meter solar projects built.More: The Force Is With Clean Energy: 10 Predictions for 2018 Analysts: More Global Momentum Toward Renewableslast_img read more

Chinese in Canada a target of increased hate during pandemic

first_imgEllen, who asked to be identified by first name only, said the database will guide advocacy to combat racism.”Very lewd, inappropriate and derogatory remarks and gestures, I’ve experienced quite a bit of that, mostly referencing characteristics of being Asian,” she said.”The anticipation of what might happen to me is quite stressful, scary and disturbing.” Vancouver resident Trixie Ling recalls her disgust and anger after a passing stranger taunted her with racial and sexual slurs in early May. Then he spat on her face.”I was feeling a mixture of shock, disgust and sadness that it happened to me,” Ling said in an interview with AFP near the scene. “But I knew I’m not the only one this has happened to.” Hate-mongeringA stone lion statue on the historic gate of Vancouver’s 125-year-old Chinatown was vandalized last week with “China” and “Covid” graffiti.A nearby Chinese cultural center’s windows were also recently vandalized. A mobile police surveillance camera trailer now monitors the area.Canadian singer Bryan Adams, who recorded his biggest hits in Vancouver, inflamed tensions with a tweet blaming COVID-19 on “bat eating, wet animal market selling, virus making greedy bastards.”Wet markets sell fresh food and produce, including farmed animals and wildlife. One such market in Wuhan, China has been identified by the World Health Organization as a possible source or “amplifying setting” of the outbreak.The “Cuts Like a Knife” singer later apologized for the “racist” post.Vancouver church pastor Daniel Louie, who co-organized an online anti-racism town hall in mid-May, said criticism of China’s government must be distinguished from stereotypes about Chinese people.The hate-mongering has also spilled out against people who were mistaken for Chinese or through association, including of Japanese, Korean or Vietnamese descent. ‘Shockingly high’ The ResearchCo poll also found that 24 percent of South Asians reported racist insults. Even Indigenous people reported being targeted.”It’s so shockingly high, I had to go back to the calculations to make sure there was nothing wrong with the numbers,” said pollster Mario Canseco. The survey is considered accurate within 2.5 percent.”There’s this element that comes out blaming an entire ethnicity for what is going on. It should be cause for great concern,” he said.Vancouver resident Dakota Holmes, who is Indigenous, said a man told her to “go back to China” before punching her in the head, leaving Holmes on the ground with bruises after she sneezed from seasonal allergies.”He said all these racial slurs,” Holmes recalled. “I’m Indigenous, not from Asia; he didn’t care.”British Columbia Premier John Horgan condemned the rising acts of hate as “unacceptable,” saying that “racism is a virus” and “hate has no place in our province.”But while political leaders, police and community advocates alike condemned the incidents, others want to see more aggressive preventive action by authorities, such as financial support for organizations serving the Chinese-Canadian community, offering victims mental health services, and backing initiatives to educate witnesses on how best to respond.”I would focus the attention, if someone is being verbally abused, on the victim — not the person harassing them,” Louie advised.Some advocates suggested that the racist incidents are not simply a short-term fad, but that the pandemic is bringing long-standing societal prejudices to the surface.Recalling her assault, Ling said it “lit a fire” in her to speak out.”People are afraid of going outside not because of COVID but because of their skin color,” she said. “It’s important for all of us to do something when you see it happening — to not be ashamed or silent, because if many people speak out, that’s how we fight against racism.”center_img Ling is indeed not alone. From spitting and violent attacks, to verbal assaults and vandalism of Chinese cultural sites, Chinese residents of Canada’s third largest city — who make up 26 percent of its population, according to the last census in 2016 — say they feel increasingly unsafe and unwelcome.A new survey obtained by AFP suggests the problem is deeply rooted: one in four British Columbians of Asian descent (70 percent of whom are Chinese) said someone in their household had been targeted with “racial slurs or insults” since March, according to the ResearchCo poll of 1,600 adults.Vancouver police are also investigating 29 anti-Asian incidents over the past two months, seven times more than the same period last year, the police chief revealed.Another Vancouverite who experienced racism during the pandemic helped launch an online reporting form for others to share their experiences anonymously.  Topics :last_img read more

From Ballon d’Or to abject humiliation: why Messi seeks pastures new

first_imgTopics : When Lionel Messi won an unprecedented sixth Ballon d’Or in December last year, the speculation had already begun over his career at Barcelona.The 33-year-old Argentine footballing genius was increasingly unable single-handedly to rescue his imploding club, as he had done so often in the past.Barcelona, despite lifting the La Liga title, had collapsed at the end of the 2018-19 season, losing a 3-0 semi-final lead, including two Messi goals, to Liverpool in the Champions League. Bayern embarrassment  Irreplaceable Barcelona have insisted in the past they had plans for coping with Messi’s retirement, whenever it came, but the truth is their number 10 is irreplaceable.He has spent his entire professional career with Barcelona, winning a club-record 33 trophies, including 10 La Ligas, four UEFA Champions Leagues, three Club World Cups and six Spanish Cups.Equally effective as a mesmerizing playmaker or lethal goalscorer, Messi holds the records for most goals and most hat-tricks in La Liga and has scored more than 700 senior goals for club and country.But his greatest year was long ago. In the 2011-12 season, under Guardiola, he became Barcelona’s all-time top goalscorer at just 24 years old, breaking Cesar Rodriguez’s 232 goal mark which had stood for 57 years.That year Messi netted a Liga record 50 goals on the way to a European all-time record season tally of 73, breaking Gerd Mueller’s 67 goals scored in the 1972–73 German season.Almost a decade on, Messi still harbors unfulfilled ambitions, including another Champions League crown and an elusive major trophy with Argentina to add to his 2008 Olympic gold.With time running out on a career that has seen a record six Ballon d’Ors and six Golden Shoes, those are major factors in convincing him to end his playing days away from the club that has been his home since he arrived as a 13-year-old.center_img They then dropped the Copa del Rey final 2-1 to Valencia, where the Argentine was again on the scoresheet, this time though just a late consolation.But all that paled in comparison to Barca’s barren 2020, capped by a shocking humiliation in Lisbon. The abject 8-2 quarter-final embarrassment against Bayern Munich in Lisbon 12 days ago meant a first season since 2007 without a trophy for Barcelona.It marked the first time Barca had conceded eight goals in a game since losing to Sevilla 8-0 in the 1946 Spanish Cup.But far more significant than that, it convinced the twinkle-toed talisman his final footballing years lay elsewhere.The fallout was immediate. Coach Quique Setien was sacked after barely six months in charge while sporting director Eric Abidal was also dismissed.Even the appointment of former Camp Nou fan favorite Ronald Koeman as head coach last week could not convince Messi to stay.The Dutchman has indicated he will embark on a clear-out and, at 33 years old, Messi must feel he doesn’t have time to wait until Koeman’s rebuilt Barca are able to challenge Europe’s elite.On Tuesday, Messi informed Barcelona he wanted “unilaterally” to terminate his contract by triggering a release clause, sending shockwaves across the world of sport.There will be no shortage of clubs eager to employ Messi, who could be snapped up on a free transfer, but the favorites look to be Manchester City, led by his former Barcelona mentor Pep Guardiola.They were close to European glory again this season, and the addition of four-time Champions League winner Messi could give the Guardiola the X-factor he needs to win the one trophy missing from the Manchester City cabinet.The growing turmoil enveloping Barcelona has been reflected in Messi’s diminishing statistics. Though he managed 31 goals in all games during the virus-interrupted campaign just ended, it was his lowest return since 2007-08, when he was just 20.last_img read more

Joanne Segars to chair USS valuation expert panel

first_imgJoanne Segars is to chair the expert group that will be examining the valuation of the £60bn (€69bn) Universities Superannuation Scheme (USS) as agreed in mediation talks at the end of March.She is a joint appointment of Universities UK (UUK), which represents UK higher education institutions, and the sector’s main trade union, the University and College Union (UCU).This is in line with an agreement that emerged from mediation talks between the two parties in March and was supported by university staff in April, after an earlier proposal was rejected by the unions.The panel’s job will be to agree key principles for UCU’s and UUK’s approach to the valuation of USS, the UK’s largest pension scheme. Segars is a well-known and respected figure in the UK pensions world. She is chair of the £41.9bn LGPS Central, one of eight asset pools formed by the UK’s local authority pension schemes, and before that was chief executive of the UK pension fund association, the Pensions and Lifetime Savings Association, for more than 10 years.She has also been head of pensions at the Trades Union Congress.Segars said she was honoured to have been appointed to the role. “I am acutely aware of how important USS is to the sector and to those who work in it,” she said.“If we are to be useful to UUK and UCU it is important that the panel members feel able to effectively challenge both each other’s views and those of our witnesses in a confidential environment,” she added.Segars said there would be considerable interest in the panel’s work from USS members and employers. She therefore intended to report regularly on the group’s progress and issues under discussion as well as “a clear explanation of the evidence upon which we base any recommendations”.last_img read more

Dutch prosecutor preparing criminal charges against Shell over Nigerian license deal

first_imgDutch Public Prosecutor’s Office is preparing to bring criminal charges against Anglo-Dutch oil major Shell over the company’s involvement in oil block OPL 245 located offshore Nigeria.The case is related to Shell and Eni’s acquisition of an offshore block in Nigeria in 2011.Shell said on Friday it had been informed by the Dutch Public Prosecutor’s Office that they were nearing the conclusion of their investigation and were preparing to prosecute Royal Dutch Shell plc for criminal charges directly or indirectly related to the 2011 settlement of disputes over Oil Prospecting License 245 (OPL 245) in Nigeria.“As appropriate, we will provide updates as this matter progresses,” Shell added in the brief statement on Friday.Shell is already facing charges for bribery at a Milan court related to the same deal together with Italian oil major Eni.Eni and Shell jointly bought the block in question in 2011 for more than one billion U.S. dollars. In 2014, the Milan Prosecutor’s office launched an investigation to see where the payment went and whether Eni and Shell knew, as it has been alleged, that the money didn’t end up in the state coffers but was passed on further to the former oil minister Dan Etete.The OPL 245 license had been owned by Malabu oil company, allegedly secretly owned by Etete. The allegations are that the Nigerian government gave the license to Shell and Eni for more than a billion dollars, and then passed the cash further to Malabu, that is, Etete.Both Eni and Shell have been denying any wrongdoing since the start of the investigation.Offshore Energy Today Stafflast_img read more

Cancer drug Avastin loses US approval

first_img Tweet HealthLifestyle Cancer drug Avastin loses US approval by: – November 19, 2011 9 Views   no discussions Share Sharecenter_img The drug-maker says it will undertake further study to establish which patients will benefit from the drugUS drug regulators have rescinded approval of a breast cancer drug, saying it is not effective enough to justify the risks of taking it.The drug, Avastin, was approved for US use in 2008, but UK officials have also rejected claims that it prolongs life.Further research showed it did not help patients live longer or improve quality of life, Food and Drug Administration commissioner Margaret Hamburg said.Avastin will still be used to treat other kinds of cancer.The drug is used to treat breast cancer that has spread to other parts of the body. It works by starving cancer cells of a blood supply.However, its side-effects include severe high blood pressure, massive bleeding, heart attack or heart failure and tears in the stomach and intestines, FDA studies have found.FDA approval of the drug had initially been given under a special programme that allows patients to start using promising treatments while the manufacturer finishes the studies to prove the medicine works as well as expected.The decision to withdraw the approval – which can happen if results of the research do not match predictions – was not easy, the FDA said.Stalling cancer growth“With so much at stake, patients and their doctors count on the FDA to ensure the drugs they use have been shown to be safe and effective for their intended use. Sometimes, the results of rigorous testing can be disappointing,” Ms Hamburg told the Associated Press news agency.US health insurance companies could remove the drug, which can cost as much as $100,000 (£63,342) per year, from their coverage – although doctors would still be permitted to administer the drug.But the government-backed Medicaid programme has said it has no immediate plans to change its policy of paying for it.Some advocates of the drug disagree with the watchdog’s decision.“The bottom line is that they are throwing out the baby with the bathwater. There absolutely may be subsets of carefully chosen breast cancer patients who benefit from Avastin,” said Dr Elisa Port, co-director of the Dubin Breast Center of Mount Sinai Hospital in New York.Roche, the Swiss manufacturer of the drug, has said it will undertake further study of the treatment, especially with the chemotherapy drug paclitaxel, to try to identify which patients might be best suited to benefit from use of the drug.The company says it expects the medicine will generate $7.6bn (£4.8m) of revenue annually, despite the FDA decision.The drug was approved on the basis of a study that showed Avastin was able to stall the growth of breast cancer by five-and-a-half months, when used together with a standard chemotherapy treatment.But subsequent studies revised the period of delay to between one and three months, and there was no evidence to show that the drug extended patients’ lives.International problemsThe US decision comes after Avastin fell foul of health authorities in the UK and in Europe.In February 2011, the UK’s National Institute for Health and Clinical Excellence (NICE), the NHS drugs advisory body, said Avastin should not be used to treat secondary breast cancers.NICE, which issues guidance for NHS in England and Wales, said there was insufficient evidence that the drug prolonged life. This guidance followed a recommendation by the European Medicines Agency (EMA) that doctors only prescribe the drug in combination with the taxane drug, paclitaxel.BBC News Sharing is caring! Sharelast_img read more

2 Females Rescued From Capsized Kayak

first_imgBROOKVILLE, Ind. — Indiana Conservation Officers along with other emergency personnel rescued 2 females from a tree within the Whitewater River just South of Brookville, IN.At approximately 2:50 p.m. Monday, Indiana Conservation Officers were dispatched to the Whitewater River just South of Brookville, IN for 2 females who capsized a kayak.The 2 females were believed to possibly have drowned due family members heard screams, located a floating kayak but could not locate the females.After several minutes the 2 females were located hanging onto a tree within the water but couldn’t hear the family screaming due to the rapid water rushing around them.The females were located and rescued by emergency personnel.Courtney Allen and Laura Fay, both of Dillsboro, IN, stated that wearing their lifejackets saved their lives!last_img read more

ISP promotes Versailles native

first_imgVersailles, In. — Indiana State Police Superintendent Douglas Carter promoted Indiana State Police Region IV Dispatcher Amanda Lawson to Region IV Dispatch Shift Supervisor.Lawson is a 1993 graduate of South Ripley High School in Versailles, Indiana.  Lawson graduated from Purdue University with a Bachelor’s Degree in Psychology and also obtained an Associate’s Degree from Vincennes University.  Lawson began her career with the Indiana State Police in June of 2010 when she was hired as a regional dispatcher for the Area IV Dispatch Center in Versailles.Lawson currently resides in Versailles, Indiana.  She is a member of the Benham United Methodist Church and a member of the Versailles chapters of the Order of Eastern Star and American Auxiliary.Supervisor Lawson will now be tasked with supervising other dispatchers who work out of the Region IV Dispatch Center at the Versailles Post which covers the Indiana State Police Versailles and Sellersburg Districts.last_img read more