Commodities tracker

first_imgPricing has been affected over the last month by significant weakening of the dollar, according to the RM Curtis Edible Nuts & Dried Fruit Market Report, March-April 2007.Report author Mark Setterfield said that many of the products covered by the report had been hit. Against sterling, the dollar has weakened to a landmark 2:1 for the first time since 1980, said the report. “Conversely however, it must also be remembered that those countries exporting in dollars have also experienced dollar weakness and this equates to higher prices from their respective origins,” said Setterfield.Forecasts for the new hazelnut crop are down on the current crop. The present crop is calculated to be around 650,000m tonnes in shell, while the new crop estimate is closer to 550,000m tonnes. This is partly because of extremely dry weather since the start of 2007 in the Black Sea region, Turkey and Greece. “This has spiralled prices at origin upwards of 10% over the past two weeks,” said Setterfield.The walnut market “remains extremely firm”, said the report, even with the compensating currency factor. “But we would strongly suggest that buyers look to cover the remainder of their current crop requirements sooner rather than later,” said Setterfield.He added that there is little to report on cashews. Meanwhile, for pecans, he said: “Even prices in sterling are firm and reflect both origin (US) strength as well as an ever-diminishing trickle of offers of unsold stock. We envisage supply running critically low.”RM Curtis imports, trades and distributes edible nuts, dried fruit, seeds and herbslast_img read more

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Tate & Lyle on track for forecast profit

first_imgTate & Lyle, the bakery ingredients supplier, said it expected full-year reported adjusted pre-tax profit to be “modestly below” last year’s full-year figures.Tate & Lyle remained stable in its third quarter. It reported increased trading volumes in some divisions, but lower margins and continuing difficulties in the ethanol market.In the three months to 31 December, the company described trading in its specialty food ingredients division as “steady”, with volumes ahead of the same period a year earlier.DivisionsIn the food systems division, Tate & Lyle’s board said volume continued to grow in the quarter, benefiting from the acquisition of Gemacom in December 2014. Margins in that business declined, however, as a result of a sharp increase in the cost of some ingredients.It said: “Splenda sucralose volume was ahead of the comparative period although, as expected, pricing was lower year-on-year.”In the supplier’s bulk ingredients division, sweetener volumes in North America were slightly ahead of those recorded at the same point last year.The company’s commodities division was still having a negative impact on overall performance, especially with continued weakness in the US ethanol market.OutlookTate & Lyle’s outlook for the year remained unchanged: “As previously communicated, the group’s adjusted profit before tax from continuing operations in constant currency and on an equity-accounting basis is expected to be broadly in line with that of the 2015 financial year, at £193m.”It added: “At reported rates, adjusted profit before tax is expected to be modestly below this figure.”Looking forwards, Tate & Lyle’s board remained confident. It was expecting the specialty food ingredients division to grow slowly, with a long-term objective to grow ahead of the market and drive margin expansion.It said: “While in the near-term we expect weakness in commodity markets to persist, we will continue to target stable earnings from core bulk ingredients and to manage commodities to dampen volatility.”Overhauling businessThe company said that is in the process of overhauling its business to focus on higher-margin speciality food ingredients instead of commoditised bulk ingredients, which account for a majority of the group’s sales.In the company’s half year results, adjusted profit before tax increased by 28% to £103m. This morning, shares in Tate & Lyle fell 7.7%.last_img read more

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Harvard yield highest since 1960s

first_imgNearly 84 percent of students admitted to the Class of 2021 have chosen to matriculate at Harvard College. The last time the yield reached this level was in 1969, when 83.1 percent of the Class of 1973 chose to attend.“Many changes at Harvard over the past decade have greatly enriched the undergraduate experience,” said William R. Fitzsimmons, dean of admissions and financial aid. “In addition, Harvard’s deep commitment to financial aid has expanded access to promising students from all economic backgrounds.”As students share their reasons for coming to Harvard, they often mention the four-fold increase in the number of small freshman seminars to 130; an augmented advising system that doubles the number of freshman advisers to more than 400 and includes 200 peer advising fellows and 60 resident proctors; expanded research opportunities with close faculty collaboration; the creation of more than 40 secondary fields (minors); many more options for study abroad; the new John A. Paulson School of Engineering and Applied Sciences; and a rich array of new possibilities in the humanities, including a concentration in Theater, Dance, and Media, as well as the opening of the new Harvard Art Museums and re-vitalized theater opportunities through the Office for The Arts and the American Repertory Theater.“Students are also excited about the opportunities available under the ‘One Harvard’ concept,” said Fitzsimmons. “Many extraordinary resources are available to undergraduates across the entire University—at Harvard’s graduate schools and the affiliated research institutions and hospitals.”“The students who will be enrolling here in August are more economically diverse than those in last year’s freshman class,” said Sarah D. Donahue, Griffin Director of Financial Aid, sharing that two-thirds of the entering class applied for financial aid; nearly 24 percent qualified for the low-income portion of the Harvard Financial Aid Initiative; more than 19 percent requested application fee waivers; 17 percent are eligible for Pell Grants; and 15 percent are first-generation college students.“One in five Harvard families has an annual income less than $65,000 and pays nothing toward the cost of the student’s education. Families with incomes up to $150,000 with typical assets pay 10 percent or less of their annual incomes,” said Donahue. “Many families with higher incomes also qualify for assistance depending on individual circumstances. More than half of Harvard students receive need-based financial aid, and their families pay an average of only $12,000. And students are never required to take out loans to cover the cost of their education.”Harvard is committed to ensuring that all students take full advantage of their college experience. In addition to receiving grant aid to cover the basic cost of attendance, Harvard provides more than $6 million in additional funding annually to aided students, supporting everything from new winter coats to music lessons to studying abroad to public service internships to research experiences in a lab.“Harvard’s neediest students also receive a $2,000 ‘start up’ grant to help ease their transition to college and allow them to explore the vast opportunities available to Harvard students during the school year and summer,” said Fitzsimmons. “This made an enormous difference this past year to students who received the grant, and we heard many positive things about the ‘start up’ grants from the students who will join us in the Class of 2021.”“Nearly 50 percent of the matriculants are women: 49.6 percent compared to 47.8 percent last year,” said Marlyn E. McGrath, director of admissions. “In addition, a record 13.2 percent are African Americans.”Intended academic concentrations remained similar to last year’s with an increase in social scientists, a decrease in those undecided, and minor fluctuations in the rest. Geographical origins of the Class of 2021 are also similar to last year’s Class of 2020.“We are enormously grateful to all the faculty members, students, and alumni who reached out to prospective members of the Class of 2021 throughout the year and during ‘Visitas,’ our visiting program in April,” said McGrath. “They make the critical difference in our ability to enroll the nation’s and the world’s most outstanding students each year.”Recruiting for next year’s Class of 2022 began in February with mail and email outreach. Staff will visit 70 locations in the United States this month and another 80 during the fall in addition to some international travel. Nearly 55,000 students and family members will attend these presentations and another 47,000 will visit Harvard during the course of the year.last_img read more

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SOUTHCOM Commander Discusses Security in Argentina

first_imgBy Juan Delgado/Diálogo July 29, 2019 U.S. Navy Admiral Craig S. Faller, commander of U.S. Southern Command (SOUTHCOM), visited Argentina in late June. Adm. Faller met with Argentine Army Lieutenant General Bari del Valle, chairman of the Armed Forces Joint Chiefs of Staff, and Minister of Defense Oscar Aguad, as well as other Argentine military leaders.The senior leaders discussed regional security and cooperation to strengthen the relationship between both countries. During his stay in Buenos Aires, Adm. Faller also gave a presentation at the Joint War College (ESGC, in Spanish) and toured the facilities of Argentina’s Joint Training Center for Peacekeeping Operations.“It was an excellent meeting. We had an honest exchange of viewpoints about some issues and shared our opinion about the security environment and opportunities to work even more closely in the near future,” Adm. Faller told the press about the reunions with Argentine defense and military authorities.During his presentation with ESGC cadets and officers, Adm. Faller warned about the threat that some countries pose to the region. “Unfortunately, Russia, China, and Iran don’t share our values on matters such as democracy and human rights.” Adm. Faller also pointed to Venezuela, Cuba, and Nicaragua for their lack of democratic values.The SOUTHCOM commander emphasized the crisis in Venezuela and the regime of Nicolás Maduro that promotes narcotrafficking and terrorism, representing a threat to the region. Adm. Faller stressed that transnational criminal organizations seek to undermine legitimate governments, which have to cooperate to preserve stability.Argentine Army Colonel José Colombo, head of the Armed Forces Joint Chiefs of Staff’s Department of Institutional Communication and Public Affairs, praised the bonds of friendship between the United States and Argentina. “With the United States, and particularly with SOUTHCOM, there is a solid relationship based on mutual trust and on the fact that we have threats in common, just like with the rest of the hemisphere,” the officer told Diálogo.During an interview with the Argentine magazine DEF, Adm. Faller said the relationship between both nations was strong. “In any case, here we work on solid foundations, consisting of shared values, such as mutual trust, and educational, joint exercises, and equipment exchange activities. When you trust, you’re able to share […]. When we work jointly and share information, we provide the most effective responses to these threats.”last_img read more

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JNC applicants sought

first_imgJNC applicants sought December 1, 2005 Regular News JNC applicants sought Judicial Nominating Commissions: Two lawyer vacancies for each of the 26 JNCs. The Florida Bar must nominate three lawyers for each vacancy to the governor for his appointment. Each appointee will serve a four-year term, commencing July 1, 2006. Applicants must be engaged in the practice of law and a resident of the territorial jurisdiction served by the commission to which the member is applying. Applicants must comply with state financial disclosure laws. Commissioners are not eligible for state judicial office for vacancies filled by the JNC on which they sit for two years following completion of their four-year term.Applications must be completed for each vacancy you are applying for and must be received by mail or fax, (850) 561-5826 no later than 5:30 p.m., January 16, 2006, in the executive director’s office of The Florida Bar. Resumes will not be accepted in lieu of an application. Screening committees of the Board of Governors will review all JNC applications. The committee will then make recommendations to the Board of Governors.Persons interested in applying for any of these vacancies may download the application form (there is a specific JNC application) from the Bar’s Web site at floridabar.org, or should call Bar headquarters at (850) 561-5600, ext. 5757, to obtain the application. Completed applications must be received by the Executive Director, The Florida Bar, 651 E. Jefferson St., Tallahassee 32399-2300 by the January 16 deadline.last_img read more

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Hector Bellerin identifies the area Arsenal need to improve under Mikel Arteta

first_imgHector Bellerin identifies where Arsenal need to improve under Mikel Arteta Arsenal are training in Dubai ahead of their clash with Newcastle (Picture: Getty)‘When you see that you’re playing better and controlling games better, the goals are something that’s going to come. I’m sure you’re going to see that very quickly.‘For us, the promise is that we’re trying to get better every single day.‘When a different coach comes, there are different things that you’re being asked to do.‘The most important thing is to get things right and I think with the coaching that we’re getting and the tactical advice, if we do the things that they’re asking us to do we’re going to be successful.’ Advertisement Hector Bellerin claims Arsenal could be ‘more effiecient’ in front goal (Picture: Getty)Hector Bellerin says Mikel Arteta has already made a ‘big change’ but Arsenal still need to be more ‘efficient’ in front of goal.Arteta will have been desperate to transform Arsenal’s fortunes after replacing Unai Emery as head coach at the Emirates back in December, but the Spaniard has overseen just three wins from his opening nine matches in charge of the club.The Gunners’ dismal start to the season sees them languishing down in tenth place in the Premier League and only Sheffield United have scored fewer goals (28) than Arteta’s men (32) in the top half of the table.AdvertisementAdvertisementPierre-Emerick Aubameyang is far and away Arsenal’s leading scorer in the English top flight with 14 goals, while Alexandre Lacazette (Arsenal’s next best goalscorer) has found the net on just five occasions since the start of the campaign.ADVERTISEMENT Aubameyang has scored 14 of Arsenal’s 32 goals in the Premier League this term (Picture: Getty)Bellerin admits Arsenal’s attacking players need to start chipping in with more goals to ease the pressure on Aubameyang – and the right-back is confident this will happen under their new manager.‘Mikel has always been very tactical in his work and in his whole life, he’s very professional with very clear ideas,’ Bellerin told Arsenal’s official website.‘It’s very early doors in time. [Mikel] has a new philosophy and the way he has implemented it in the last few games that we’ve played, there’s been a big change.‘I think sometimes we need to be a bit more efficient in front of goal [but] that’s also something that comes with confidence. Metro Sport ReporterTuesday 11 Feb 2020 12:49 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link8.6kShares Advertisement Comment Ozil is enjoying life under new manager Arteta (Picture: Getty)Mesut Ozil believes the Arsenal’s dressing room is a much ‘happier’ place since Arteta took over the reins from Emery.‘As a team, we are much happier and everyone wants to give everything for this club, the German said.‘Especially tactically we improve a lot and I hope in the future we will be more successful.’More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityArsenal striker Lacazette added: ‘We are more together now.‘The way we think as well on the pitch and outside the pitch.‘Tactically we are better and we’re going to see a big improvement in the next few weeks.’MORE: Arsenal set to agree deal to sign defensive midfielder Pape Gueyelast_img read more

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Bergen Group to maintain offshore platform engines for Equinor

first_imgIllustration: Equnior’s Gina Krog platform offshore Norway / Photographer: Ole Jørgen Bratland / EquinorNorwegian oil and gas company Equinor has signed a framework agreement with its compatriot company Bergen Group Services for engine maintenance on offshore platforms.The framework agreement will be valid from February 1, 2019. Bergen Group said the deal could generate it turnover of at least NOK 50 million ($5 million) throughout the contract period. The agreement includes an option for a 2-year renewal.The framework agreement comprises work related to corrective and planned service/maintenance/overhaul of MTU diesel engines both on offshore locations (Norwegian sector) and at Bergen Group Services’ premises located in Bergen.last_img

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Shearer slams ‘frustrating’ Man Utd star for looking uninterested under Solskjaer

first_imgAlan Shearer believes Anthony Martial should lose his spot at the top of Manchester United’s attack after a series of “frustrating” performances. Martial has scored two goals in his last nine appearances in all competitions and put in a flat performance as United drew 0-0 with Wolves on Saturday. The Frenchman did not manage to fire off a shot during the stalemate at Old Trafford, which was the third consecutive league game in which United failed to score following Marcus Rashford’s lower back injury. Martial has so far failed to shoulder the responsibility that has increased with Rashford’s absence, which is expected to last for another month at least. And the Premier League’s all-time top goalscorer Shearer has been left seriously unimpressed by Martial’s efforts.Advertisement “If there is one man who sums up United’s struggles in front of goal, it is Anthony Martial,” Shearer told The Sun. “He just looks uninterested. I never get the impression he enjoys playing football — which is something I’ve not really come across too much in the game before. “That role isn’t just about scoring goals. You also have to bring your team-mates into the game and do plenty of running to get in behind the defenders. Read Also:Saudi prince remains ‘desperate’ to buy Man United “He has one good game followed by three average ones — he’s a very frustrating player to watch. I’m sure all the fans agree. FacebookTwitterWhatsAppEmail分享 Promoted Content7 Theories About The Death Of Our Universe7 Mind-Boggling Facts About Black HolesThe Models Of Paintings Whom The Artists Were Madly In Love WithBest Car Manufacturers In The WorldSome Impressive And Almost Shocking Robots That ExistCare To Try A Glow-In-The-Dark Doughnut?This Guy Photoshopped Himself Into Celeb Pics And It’s HystericalThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreEvery Movie Starring Sylvester Stallone From Best To WorstAlbino Animals: A Rare Kind Of Ultimate Beauty6 Extreme Facts About HurricanesBirds Enjoy Living In A Gallery Space Created For Them Loading… last_img read more

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Amuneke charges Nwakali to revive his career

first_img Loading… Promoted ContentWhich Country Is The Most Romantic In The World?5 Of The World’s Most Unique Theme Parks6 Product That Have Wild Origin Stories6 Secret Origin Stories Of Modern Mouth-Watering Meal7 Most Asntonishing Train Stations In The WorldBirds Enjoy Living In A Gallery Space Created For ThemA Soviet Shot Put Thrower’s Record Hasn’t Been Beaten To This Day6 Incredibly Strange Facts About Hurricanes10 Risky Jobs Some Women DoBest & Worst Celebrity Endorsed Games Ever MadeThailand’s 10 Most Iconic LandmarksA Hurricane Can Be As Powerful As 10 Atomic Bombs The African football great pointed out some reasons on why Nwakali is not living up to expectation like Osimhen and Chukwueze, and suggested ways on how he can return to his best once again. “No doubt about his quality, but in the context of being an African, there are a lot of factors that can hinder their growth. Most of these players are from poor backgrounds and a lot is expected from them,” he added. “Also, most of the agents that surround them never tell them the truth. The good thing about Nwakali is that he is still young and has age on his side. “All he needs to do is counsel himself and realise that when you forget the root that took you to success, you start to lose the beauty of what made you who you are. “A lot of Nigerians are expecting his progression but it is unfortunate because of what he has passed through over the years. He also needs to check the kind of lifestyle he is living and know that without football, he is a nobody.” “The only thing he must do to bounce back is to work very hard. To some, working hard is an abomination because we believe in godfathers and have to pay money to be someone. We must not forget that the highest contact we can have is God who deposited this talent in us. “So, it is mandatory to work very hard to complement our God-given talents. Hard work is non-negotiable in terms of success and without that, suffering and endurance you can never be anybody. read also:Coronavirus’ issue makes life more difficult in Spain – Nwakali “Even when things are not going well, it is up to him [Nwakali] to be calm because everyone and everything in this world have its time. I can only hope that he will work hard to be back again.” FacebookTwitterWhatsAppEmail分享 center_img Hard work is non-negotiable for Kelechi Nwakali if he hopes to put his fading career back on track, according to Emmanuel Amuneke. Nwakali Nwakali burst into limelight after captaining the Nigeria Under-17 team that paraded the likes of Victor Osimhen and Samuel Chukwueze to win the 2015 U17 World Cup in Chile. His inspiring displays earned him the tournament’s Golden Ball ahead of Lille’s Osimhen and Mali’s Aly Malle. Nwakali’s stock rose after joining Arsenal on a five-year deal from Nigeria’s Diamond Football Academy. And after failed loan expeditions at MVV Maastricht, VVV Venlo and Porto B, the youngster was shipped out of the Emirates to Huesca in January. Before football went into a hiatus owing to Covid-19, Nwakali did not play a single game for the Spanish second-tier side. As questions continue to emanate on why the former teenage sensation has failed to justify his ratings, 1994 African Player of the Year, Amuneke – who worked with him as coach of the Nigeria U17 team – opens the lid on his stuttering growth. “There is nothing to doubt about Nwakali’s talent. There are some qualities that are natural gifts from God and he possesses them,” Amuneke told Goal. “As a player and coach, I have seen a lot of good players and midfielders but the kind of quality Nwakali possesses is what I have not seen in any other Nigerian. “He is a kind of player that can see beyond what other players are seeing, a player that has a vision and a player who can play a ball that can result in a goal.”last_img read more

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Cincy-Based Department Store Cutting Jobs

first_imgThe department store plans to cut jobs while transferring and adding some positions.Macy’s is cutting 2,500 jobs nationally as part of a reorganization to sustain its profitability.The announcement comes on the heels of a strong holiday shopping season for the department store chain.The department store announced that it will reassign or transfer some workers. Some positions will be added that relate to online shopping, which is a growing area for the company.The Cincinnati-based company plans to close five stores, leaving it with 844 stores nationwide once the changes are complete.Macy’s says the moves will save it $100 million per year and forecast a 2014 profit above Wall Street’s forecasts.The news sent its shares up over 5 percent in after-hours trading.last_img

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