Analyst advocates ‘buy’ for Tate & Lyle despite challenges

first_imgA City analyst has reiterated his ‘buy’ recommendation for Tate & Lyle, despite downward pressure on the US sweetener market.Commenting on the international speciality ingredients producer, which today released its interim management statement, Investec’s Martin Deboo said: “We don’t expect material change to our forecasts or 12-month fair multiple-based 900p target price. But we are expecting to have to be patient, despite the recent downward correction.”The report showed that colder weather in spring and a slow start to the summer caused lower volumes in US bulk liquid sweeteners.In its speciality food ingredients division, volumes and sales grew ahead of the wider market sector. This allowed for strong volume growth in Europe and in emerging markets.Deboo added: “Both bulk (HFCS) and intense (Sucralose) sweetener sales are down in the US. Offsetting the US is a strong sweetener demand from Europe. However, the sales and profit relatives still favour the US.”Tate & Lyle also revealed a strengthened financial position, due to a fall in net debt from £479m as of 31 March 2013 to £426m by 30 June.last_img read more

Expert discusses impact of 1960s bombing

first_imgTo commemorate the 50th anniversary this month of the 16th Street Baptist Church bombing in Birmingham, Ala., Notre Dame’s Multicultural Student Programs and Services launched its “Martin Luther King, Jr. Series for the Study of Race,” with a presentation by Dr. Wilson Fallin, Jr. Ph.D. to speak Monday night.     Fallin, a professor of history at the University of Montevallo in Montevallo, Ala., is the author of two books and the president of Birmingham-Easonian Baptist Bible College. He began his work in the Civil Rights movement at Moorehouse College while Dr. Martin Luther King, Jr. was a part-time professor at the College. In Monday’s lecture, titled “Spirituality, the Birmingham Bombing, and the Birmingham Civil Rights Movement,” Fallin focused on the Birmingham Civil Rights movement, which began in 1956. “The Civil Rights movement was one of the most significant movements for social and racial justice in the history of the [United States],” he said. “And no campaign was more important than that in Birmingham.”   Fallin said the 1963 bombing was prompted by segregation from the 1950s and on. “Birmingham, Ala., was founded in 1871 during the reconstruction era by former plantation owners determined to uphold racial segregation,” he said. “By the 1950s, Birmingham was “one of the most segregated and racially polarized cities in the U.S.” Between 1945 and 1962, bombings of African-American businesses and homes were not infrequent, he said. Although the numbers have been disputed, Fallin said historians generally agree there were between 20 and 80 racially motivated bombings in Birmingham during that time period, earning the city the name “Bombingham.” Most, if not all, incidents were never investigated. Fallin said the most interesting aspect was the role of the African-American churches in the Birmingham Civil Rights movement because in 1956, the state government effectively outlawed the National Association for the Advancement of Colored People (NAACP) from Alabama. As a result, a group of black ministers came forward to create the Alabama Christian Movement for Human Rights. “It was a movement of churches,” he said. “The church made it possible. The black church had a strong dose of liberation theology – and that united them.”Religion, when it is believed and practiced, is a powerful element in one’s life and in one’s society.” The prominence of the church in the Civil Rights movement, Fallin said, was the reason that on the night of Sept. 14th, 1963, four members of the Ku Klux Klan broke into the 16th Street Baptist Church and planted a time bomb, scheduled to detonate at 10:30 a.m. Sunday morning. “Ten-thirty Sunday morning. They knew. They knew there would be people there – they knew people would die,” Fallin said. “It was a crime committed out of sheer revenge and hate.” But, Fallin said, Birmingham had a lasting significance for the civil rights movement nationwide. The tragedy of losing four young girls to an act of hatred drew national attention to the city and to the issue of institutionalized racism in the United States. “It took people off the fence, and galvanized more sympathy for the cause,” he said. “Birmingham, in my view, saved the movement.” Contact Maragaret Hynds  at  [email protected]last_img read more

Seniors continue journey toward religious vows

first_imgAfter graduation, as many of their classmates start new careers, attend graduate school or begin post-graduate service, a handful of seniors will begin the process of entering religious life. Photo courtesy of Joshua Bathon Joshua Bathon, Vincent Nguyen and Alfredo Guzman-Dominguez will all begin a year at their orders’ respective novitiates in late summer. Joshua Bathon and Vincent Nguyen, both graduates of the Old College undergraduate seminary program at Notre Dame, will spend the next year at the Congregation of Holy Cross’s novitiate beginning in August. Bathon, a history and philosophy major from South Carolina, described the novitiate experience as “a long retreat, essentially,” which includes “a lot of prayer and silence.”At the novitiate in Colorado, Bathon and Nguyen will receive their habits and take vows of poverty, chastity and obedience. After that year, they will return to Notre Dame to receive their Masters of Divinity. Guzman-Dominguez, who lived in Morrissey Manor, will enter the Dominican order after graduation and move to their novitiate in St. Louis.  “It’s like boot camp for religious life,” he said. A New York native, Guzman-Dominguez said he wanted to be a priest since his sophomore year of high school. “I think my calling is in some way to be an intellectual,” he said. “I was attracted to orders that had a strong intellectual element to their vocation, which means not only that they are academics, but that study informs the way they approach their faith and they way they approach their life. … Caring about things like literature and art and beauty is almost a staple of the Dominicans.”While he does not know exactly what work he will do in the future, Guzman-Dominguez said he plans to keep his options open. “I would probably choose to work in a university,” he said. “I don’t know if I would choose to go for further studies and to become a professor … I think I would like that — I would love to teach Italian and Dante — but I would really like to work with students and their lives personally, so maybe something like campus ministry. That’s a place where I think you can make Jesus present almost more directly.”Nguyen, an economics and philosophy major, said he could see himself becoming a pastor. “That’s just what I feel called to do,” he said. “… Of course, I’ll go wherever I end up. I’d love to go to France and visit the priest in charge of creating the shrine of Basil Moreau.”When Bathon entered Old College, he said he still was not sure about whether or not he wanted to enter religious life. He said he had entertained the idea throughout high school, but he was unsure if entering seminary right away would be the right decision.“But my senior year of high school I was dating a girl, and I was starting to think about a future … starting to think about making colleges work together,” he said. “I went to a wedding and in the vows they said, “I give myself to you unreservedly,” and I realized I couldn’t say that because there was this question in my head. That’s when I started reconsidering putting myself in the seminary, not because I knew I wanted to be a priest, but because I needed to figure it out.”Bathon said his experience in the undergraduate seminary has made him feel prepared for the vocation to the priesthood.“I’ve learned all of those things people tend to worry about — not having money, not getting married — they’re sacrifices made out of love. I’m giving myself up. My entire life will be focused on every single person, and giving my life to them. “I’ve found a beauty in that in the last four years. I want [my friends] to know that yes, I am going to be alright; it’s going to be a beautiful life, and I’m so excited to be a part of it.”Tags: 2014 Commencement, congregation of holy cross, priesthood, religious life, vocationslast_img read more

Senate discusses registration, amendments, alcohol policy

first_imgOfficials from the Office of the Registrar updated the Notre Dame student senate on the class registration project Wednesday.Amika Micou, Chuck Hurley and Paul Ullrich explained and demonstrated the use of the new system, which will be implemented when students register for classes for the spring semester. The new process will allow students to create a mock schedule in a Notre Dame specific online planner, similar to the process available on websites like Coursicle.“The plan … is integrated into the NOVO registration,” Micou said. “So, in two clicks, you have registered for classes.”The system will allow for easier class searching with a wildcard search option, a calendar representation of the classes in the planner and the ability to switch to a different section of the same class without leaving the planner, the presenters explained.The registration process will look very similar to the current system, with each student receiving a timed ticket to access registration for classes.“I know all of you love waking up in the morning and registering early, so we won’t prevent you from doing that,” Hurley said. “The planning tool is not registration, and it’s important that you emphasize that.”Senators will have the chance to try the new system before the rest of the student body and give feedback on their experience, Micou said.An update to the co-exchange program between Notre Dame, Holy Cross College and St. Mary’s will also take place next semester. Students will be required to enroll in 12 credits in their home institution before enrolling in classes elsewhere, Hurley said.Student Union parliamentarian Colin Brankin presented proposals for amendments to the Student Union Constitution to the senate, the largest involving the quorum and proxy policies for the senate. Currently, the quorum, which is the minimum number of senators that must be present in order for the meeting to take place, is set at three-fifths of members present. Brankin and his committee propose increasing that number to two-thirds, which is the quorum for every organization in the Student Union except for the senate.“Nobody really knows why it’s three-fifths, so just for consistency’s sake, we are setting it at two-thirds,” Brankin said. “One of the other supporting reasons why we are changing it to two-thirds rather than just consistency is to hold you guys accountable. You ran based on the promise that you’d be here … and two-thirds will hopefully entice you to do so.”Senate also discussed whether proxy members of senate, who attend in place of a senator who cannot attend, should count for quorum and should be allowed to vote. Currently, proxies do count for quorum, meaning there is no limit on the number of proxies that attend senate meetings. No consensus was reached on either issue.Other proposed changes include allowing the chairperson, currently student body vice president Sibonay Shewit, to call for a paper ballot vote for any type of vote. As the constitution reads now, any senators can call for a paper ballot vote, but the chairperson cannot.“Some people may be discouraged to [call for a paper ballot] for fear that people will automatically assume that they are voting a certain way,” Brankin said. “This way, it gives [Shewit] the extra ability to call for that. It will allow the voting members to feel more comfortable in how they vote, and to vote truthfully and honestly.”Other proposed changes are organizational changes to clarify and condense parts of the constitution, with no effect on the constitutional policy itself.The group will continue to discuss these proposed changes and will vote in the coming weeks.Student body president Becca Blais, Shewit and student government chief of staff Prathm Juneja updated the senate on their report to the Board of Trustees.The report regarded on-campus alcohol culture and was given to the Board over fall break. Blais said the Board asked questions, engaged with the report and were interested in finding solutions to make campus safer, especially with the new requirement to spend six semesters on campus.The implementation of Callisto, a program to allow for easier anonymous recording and reporting of sexual violence on campus, will be voted on by Committee on Sexual Assault Prevention (CSAP) this Friday. Blais, Shewit and Juneja said they support the enactment of this program at Notre Dame.Tags: alcohol abuse, class registration, Constitutional Amendments, Senatelast_img read more

Virtual lecture from Rome explores the influence of artist Raphael

first_imgThe Nanovic Institute for European Studies hosted a virtual lecture Tuesday titled “Raphael in Rome,” where Ingrid Rowland, professor at Notre Dame’s School of Architecture, led a virtual lecture from her home in Rome and discussed some of her research of Raphael’s work in the Eternal City.The first half of the lecture commenced with Rowland analyzing several influential works of art by Raphael. The lecture closed with a brief question-and-answer session in which participants, including faculty and students, posed questions for Rowland to answer.One of the art pieces Rowland analyzed during the lecture was “Madonna della seggiola.” It depicts Mary embracing Christ while John the Baptist watches from the side. Rowland cited this work as a representation of how Raphael changed his style of painting. Elizabeth Prater | The Observer Professor Ingrid Rowland analyzed Raphael’s “Madonna della seggiola” as an example of how he changed composition in his paintings.“Raphael figures out that composition is a process of abstraction and the way that he paints changes. You get paintings like ‘Madonna [della seggiola]’ where you can see all of this looks totally lifelike,” Rowland said.Rowland described seeing this painting as “deeply emotional.”“When I first saw this painting, I really just burst into tears,” she said. “It’s so moving and so perfect. But at the same time, on a technical level, he is brilliantly just taking the human body and slightly improving it, making it slightly better than it really is. … That’s a real master of work. You take reality and you shift it.”Rowland explained the impact Rome had on Raphael. A primary influence was Pope Julius II. Attributable to the Pope’s decision to commission the best artists of the time, Rome was revolutionized in culture, artistic mastery and style.Pope Julius II commissioned Raphael to paint four apartments located in the Vatican Palace. She said Bramante, one of the architects for the Pope, snuck Raphael into the Sistine Chapel to get a sneak peak of Michelangelo’s work before it was officially released. She mentioned this source of competition as an influence in Raphael’s work, alongside the social and political context of Rome during this period.Rowland said that it is evident from some of Raphael’s work that he imitated some of Michelangelo’s work.“I think [in ‘School of Athens’], Raphael’s saying, ‘I can do those colors. I can do paintings as beautiful as Michelangelo,’” she said.“School of Athens” depicts philosophers such as Plato and Aristotle and even portrays a form of the artist, Raphael, himself. Elizabeth Prater | The Observer In addition to talking about the technical elements of Raphael’s works, Rowland explained her personal connection to his work.Professor Rowland commented on her emotional connection to “School of Athens.” “The first time I saw this painting in any form was a partial reproduction in a little art book I got for my ninth birthday,” she said. “I love this painting because I knew what was going on with all the people and knew that they were exactly where they were supposed to be. The fact that Raphael could communicate this to a nine-year-old is an amazing confirmation of his mastery.”Clemens Sedmak, interim director of the Nanovic Institute for European studies, introduced Rowland as a fellow of the Institute for European Studies.“She is a citizen of the world, and specifically, a citizen of Rome. Ingrid writes and lectures on classic antiquity, the renaissance and the age of the Baroque,” Sedmak said.He said Rowland “has been trained in Classics, Greek Literature, and Classic Archaeology.”Additionally, Sedmak stated that Rowland is a fellow at the American Academy in Rome, the Getty Research Institute in Los Angeles, a member of the American Academy of Arts and Scientists and part of a plethora of other organizations.Tags: architecture, Raphael, Rome, School of Athenslast_img read more

Photo of Syracuse police without masks causing police chief to speak out

first_imgOfficials say the photo in question was taken at the scene of a crash Thursday. Syracuse police officers and Onondaga County deputies appear in the photo. Police Chief Kenton Buckner says the photo is under investigation. The issue is following Governor Andrew Cuomo’s announcement limiting indoor and outdoor gatherings in the state to 10 people. Chief Buckner said, “I’m responsible for these 401 police officers. It appears we have not been following our own rules and again, if I can confirm that, there will be consequences for it.” SYRACUSE (WBNG) — A photo of police officers in Syracuse is causing the city’s top cop to speak out because none of the officers pictured are wearing masks while on the job. As COVID-19 cases continue to rise in the state and close to 5,000 new cases and 21 deaths were reported on Wednesday, the photo is causing residents and the Syracuse police chief concern. Chief Buckner said there are 14 officers that currently have the coronavirus. Buckner also said the virus is the number one killer of police.last_img read more

Holiday home

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Volume control

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

PREMIUMGold price up 20 percent so far this year as investors turn to precious metal to protect wealth

first_imgGoogle Log in with your social account Facebook LOG INDon’t have an account? Register here Topics : Linkedin Indonesia commodity gold-prices antam safe-haven share-price-fluctuations IDX Forgot Password ? Gold prices have increased significantly in recent weeks as people have turned to the yellow metal as a safe haven asset amid plummeting share prices.On Tuesday, the price of gold produced by Aneka Tambang reached Rp 924,000 (US$56.67) per gram, a 20 percent surge year-to-date (YTD). During the past week alone, the price of the yellow metal gained 7.55 percent.Meanwhile, the global gold price rallied by 9.9 percent in the past two weeks to US$1,643 per ounce on Monday, after it had fallen to $1,495 per ounce on March 16, according to data from The bullion price has gained about 6 percent year-to-date.Precious metal is deemed a safe haven amid volatile financial markets. The commodity will continue to strengthen until the COVID-19 pandemic subsides, analysts say, making it an attractive alternative investment instrument.DBS chief investment officer (CIO) Hou Wey…last_img read more

More than 900 Indonesians, including 47 nurses, test positive for COVID-19 abroad

first_imgThe Foreign Ministry revealed on Wednesday that 47 Indonesian nurses working overseas have tested positive for COVID-19, bringing the total number of Indonesians infected abroad to 928.The 47 nurses work in Kuwait, where some 59 Indonesians including the nurses have tested positive for COVID-19, six of whom are still hospitalized. Forty-five are undergoing self-quarantine, while six have recovered and two have died.“We hope the nurses who are working on the frontlines and have been infected will get well soon,” Foreign Ministry spokesman Teuku Faizasyah said in a press briefing on Wednesday. According to the ministry, of the 928 total cases among Indonesians overseas – recorded across 36 foreign territories and 21 international cruise ships – 414 are active cases, while 465 have recovered and 49 have died.The government has pledged to ensure the protection of Indonesians abroad amid the COVID-19 pandemic, including by providing aid and facilitating their repatriation to their hometowns if necessary.In Malaysia, for instance, Faizasyah said that at least 375,341 aid packages had been distributed to Indonesians citizens affected by the country’s lockdown.In addition, the government has facilitated the repatriation of more than 181,000 Indonesian crew members from various cruise liners that have suspended operations due to the pandemic.Topics :last_img read more