Associated British Foods said performance of its Allied Bakeries division was unsatisfactory as it posted its interim results this week.While the group’s sales rose by 10% to £2,887 million, adjusted pre-tax profits fell by 2% to £225m in the 24 weeks to March 4, 2006 compared to the same period in 2005. Kingsmill and own-label revenues both declined and profits had fallen, it said. A recovery in profitability is not likely until the second half, despite steps to recover lost volumes and reduce costs.In its ingredients division, AB Mauri performed well, contributing strongly to an increase in revenue of 35% to £343m, and profits growth of 32% to £33m for the period. In its British Sugar division, transition to the new EU sugar regime will continue to impact on profits through to 2007, it said. However it was confident British Sugar would be satisfactorily profitable when the transition was complete. “As expected, British Sugar has experienced price pressures, but it is well- positioned for the medium term and we remain confident about its prospects,” said ABF chief executive George Watson.ABF said costs would “continue to be adversely affected” by conditions in the UK sugar business, its bakery operations and energy costs.
Japan-based Mitsui O.S.K. Lines (MOL) and its partners, Tohoku Electric Power and Namura Shipbuilding, have received an Approval in Principle (AIP) from Lloyd’s Register for the design of an LNG-powered coal carrier.The vessel design ensures sufficient cargo capacity without making the hull larger by installing the LNG fuel tank at the stern. In addition, the study is pursued based on installation of the tank cover with an eye toward preventing an onboard fire from spreading to the LNG fuel tank while streamlining inspection work.The three companies have moved ahead with this project and recently conducted a Hazard Identification Study (HAZID) and finished the basic design.MOL informed that this is Japan’s first joint acquisition by three companies – a shipping company, cargo owner, and shipbuilder – of an AIP for a vessel powered by LNG.“As stricter standards on exhaust emissions from merchant vessels have taken effect around the world, LNG is expected to see wider use as vessel fuel,” Japan’s carrier said.In addition to researching the feasibility of using LNG as fuel, MOL added that it strives to reduce its environmental impact, while providing safe, reliable transport services.The company will forge ahead with the coal carrier, which adopts expertise and technology gained through promotion of the R&D project ISHIN NEXT – MOL Smart Ship Project.Under the concept, MOL will adopt advanced support technologies for safer vessel operation and technologies for reducing environmental impact to newbuilding vessels.
The threat of snow forced some area schools to close early Friday.Area residents are facing another bout with Mother Nature.The National Weather Service has issued a Winter Storm Warning for the majority of the region until 2:00 a.m. Saturday.Forecasters are calling for up to 4-inches snow before the storm moves out of the area late Friday. The threat of difficult driving conditions forced several schools to dismiss students early.The extended forecast shows temperatures reaching the 50’s on Wednesday and potentially 60 degrees on Thursday.
The Latest: Louisville halts hoops after 2 test positive Cherno More played a league game against Tsarsko Selo in Sofia on Thursday. The laboratory that conducted pre-match tests admitted the following day that it had not announced that one of the players on the team from Sofia had tested positive.Cherno More says the club is still ready to play on Tuesday against Arda Kardzhali despite the positive tests. The quarantined players would be replaced by members of the team’s junior squad.___The Austrian soccer league has started an investigation into the coronavirus testing procedures of all 16 second-division teams after three players from one club tested positive over the weekend.The league says each club must provide receipts and test results to prove that all players have been tested on a weekly basis since play resumed on June 5 after a 12-week break. July 7, 2020 It was to be the first comeback event but that’s now expected to be the Chinese Taipei Open in Taipei from Sept. 1-6.The Dutch Open in Almere in October was also put off for this year.___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___Two members of Louisville’s men’s basketball program have tested positive for COVID-19 and the team has suspended voluntary activities for two weeks. The R&A says it will create a bio secure zone at Royal Troon for those essential to the championship. It says it will continue to monitor the COVID-19 pandemic to ensure a safe championship without spectators.___The International Cycling Union says this year’s BMX world championships have been canceled because of the coronavirus pandemic.The event was scheduled to be held in Houston in May and was at first postponed.The UCI says no new host was found “despite its best efforts to come up with an alternative.” Associated Press The investigation comes after last-place Kapfenberger SV apparently breached the anti-coronavirus rules by failing to structurally test its players.The league opened proceedings against Kapfenberg on Monday.___Two more badminton tournaments have been canceled in the revamped calendar because of the coronavirus pandemic.The China Masters in Lingshui was canceled after already being moved from February to May and then to August. The next BMX worlds are scheduled to start in Papendal, Netherlands, in August 2021. That is one week after the Tokyo Olympics. Four BMX medal events are on the Olympic program.The UCI also says the 2020 season in BMX Freestyle Park and Flatland World Cup will not happen.___Sixteen players and officials from Bulgarian soccer club Cherno More have tested positive for coronavirus.The club from the Black Sea town of Varna says 12 players are among the positive cases and adds “all players who tested positive are quarantined and we have taken the necessary precautions.” A news release from the school did not specify whether it was players or staff members who tested positive. It added that those impacted are being quarantined and proper protocols are being followed.___The R&A is going ahead with the Women’s British Open at Royal Troon without spectators.The Women’s British Open is set for Aug. 20-23 at Royal Troon along the Ayrshire coast of Scotland. It would be the first major on the LPGA Tour schedule that is played this year and it would be the week after the Ladies Scottish Open on the other side of the country just east of Edinburgh.Qualifying for the AIG Women’s British Open has been canceled. The R&A says the field will be comprised of leading players from the women’s world ranking and recognizing top performances at recent events on the world’s leading tours.
End of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend Don’t miss out on the latest news and information. Sports Related Videospowered by AdSparcRead Next The winner of the two-leg final advances to the inter-zonal semifinals against Istiklol of Tajikistan. Ceres will host the second leg on Aug. 9.Serbian coach Risto Vidakovic would rather have his squad seize control of the tie early with a strong performance in the first leg kicking off at 7:30 p.m.“We reached the final because we fought and played as a team against strong teams. We have to do the same to get a good result for us to have control when we play at home,” said Vidakovic.FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’ Indian national gunned down in Camarines Sur ‘I’m out!’: PewDiePie releases last video before taking break from YouTube McGregor blasts Cerrone in 40 seconds in UFC return LATEST STORIES Ceres Negros hopes to gain an early advantage when it clashes with Singaporean side Home United on Wednesday in the first leg of the AFC Cup Asean zonal finals at Jalan Besar Stadium in Singapore.The Busmen, who reached the final with a stunning upset of Johor Darul Ta’zim of Malaysia, added Stephan Schrock and Omid Nazari to beef up the squad while Patrick Reichelt is also expected to return from injury.ADVERTISEMENT MOST READ 787 earthquakes recorded in 24 hours due to restive Taal Volcano Sparks begin life without Younghusband brothers Ai-Ai delas Alas on Jiro Manio: ‘Sana pinahalagahan niya ang naitulong ko’ Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite Marcosian mode: Duterte threatens to arrest water execs ‘one night’ LeBron James scores 31 points, Lakers beat Rockets Kawhi Leonard, Clippers rally to beat Pelicans View comments
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