Foley Aug 03, 2013 11:24 AM EDT New Zealand-based Fonterra -- the world's fourth largest dairy company -- issued a global recall of up to 1,000 tons of dairy products across seven countries after finding some of its products contain a bacteria that could cause botulism. New Zealand's Ministry of Primary Industries said that besides New Zealand, affected countries include China, Australia, Thailand, Malaysia, Vietnam and Saudi Arabia. China, which imports the majority of its milk powder from New Zealand, has asked its domestic importers to recall any products which may have been contaminated with the bacteria. On its website, Fonterra reported that no products with the Fonterra brand are affected by the botulism bacteria. The company markets and sells a number of commercial ingredients under the label NZMP. "The three specific batches of WPC80 produced at a single New Zealand manufacturing site, which were identified by Fonterra in its initial announcement, are the only NZMP ingredients affected by this quality issue," the company wrote on its website. Some of the customers who bought affected product from Fonterra received a finished product manufactured by Fonterra, while others just received the affected WPC80 as an ingredient. The contamination was reportedly caused by unsterilized pipes at a dairy factory in Waikato. News that Fonterra products are linked to a recall may leave a sour taste in the mouths of many Chinese, as the company is intending to launch its own brand of milk formula in China, Reuters reports , notably five years after Fonterra's involvement in another episode of contaminated infant formula, which killed at least six and sickened thousands. As the world's fourth largest dairy company, Fonterra has annual revenues of about $16 billion, according to the Associated Press .
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When taken orally, Manuka Honey is a welcomed alternative to medicine since it tastes better, is less expensive, has no negative side effects and is more effective in most circumstances. It can also be used as an excellent alternative to sugar. However, minerals, such as sodium, iron, calcium, and potassium to name a few, is not exemptions to the FDA rule. A few highlights of Honeymark brand Manuka Honey are as follows: Our supplier in New Zealand is a registered member of the Active Manuka Honey Association which ensures that our Manuka Honey is tested for its antibacterial properties and allows us to legally display the UHF trademark on our label; Our Manuka Honey is UHF 16+ which is an active, medical-grade Manuka Honey and idea for medicinal use; Our Manuka Honey is reasonably priced; Since we are located in the U.S., shipping charges are far less expensive than importing Manuka Honey directly from New Zealand; Our containers include bar codes; Honeymark is a well-recognized brand and is known in the industry and to consumers as Manuka Honey specialists. Aside from the assortment of letters and numerical combinations that adorn bottles and packets of vitamins, these represent the amazing complexity of humans biological requirements. This medical-grade honey has become quite a commodity as of late since word of its impressive healing qualities have surfaced. Manuka Honey with a UHF rating of less than 10 may not have enough antibacterial properties to effectively treat more serious conditions. Manuka Honey with a UHF rating of 20 or higher is very rare, extremely expensive and overly potent. Importing Manuka Honey from New Zealand can be quite costly and could take weeks. So, if people have extra money from bonuses or mayday advances, better stock up on good vitamins and minerals for better health.
In addition to its exceptional medicinal value, Manuka Honey is also very tasty and can be used in tea, on toast, etc. That is why FDAs, or the Recommended Daily Allowance, is important to be understood and followed. Honeymark International is well-known for its unique line of high-end skin care products that utilizes Manuka Honey as a natural healing agent. Some Manuka Honey suppliers sell honey that has a low or questionable UHF rating which can render the honey less effective from a medicinal perspective. This is partnered with a scale known as the International Units IUD. So, if people have extra money from bonuses or mayday advances, better stock up on good vitamins and minerals for better health. However, minerals, such as sodium, iron, calcium, and potassium to name a few, are not exemptions to the RDA rule. When taken orally, Manuka Honey is a welcomed alternative to medicine since it tastes better, is less expensive, has no negative side effects and is more effective in most circumstances. Some foods are naturally rich in fat-soluble vitamins like butter, vegetable oils, egg yolk, and liver. There are two vital elements that are important to ones health and keep the body balanced: vitamins and minerals.
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The results reflect growth in air traffic volumes of 4.1 per cent over the prior fiscal year and demonstrate the Company's continued success in controlling costs and making strategic investments in its core services while maintaining safe and efficient air navigation. The Company's fiscal year runs from September 1 to August 31. In fiscal 2016, the Company had positive free cash flow(1) of $118 million and strong financial performance as evidenced by its rate stabilization account, finishing with a positive(2) balance of $169 million. When adjusted for rate setting purposes, there is a positive(2) "notional" balance of $183 million in the rate stabilization account, which is above its target balance of $100 million. "Strong performance in the past year has positioned us to be able to both reduce our charges to our customers and increase our capital investments in fiscal 2017," said Neil Wilson, President & CEO. "Investments in technology and facilities will enable us enhance our services, improve safety, and ensure we are providing employees with the best tools and productive spaces in which to work." On July 18, 2016, the Company announced revised customer service charges, effective September 1, 2016. Based on the strength of the rate stabilization account and our positive financial outlook for fiscal 2017, the Company has implemented a temporary one-year rate reduction in addition to revisions to base rates. These rate revisions will see customer service charges lowered by 7.6 per cent on average, for customer savings of approximately $105 million in fiscal year 2017. Effective September 1, 2015, the Company began reporting its financial results in accordance with IFRS, including comparative figures for fiscal 2015. The Company's revenue for fiscal 2016 was $1,393 million, compared to $1,334 million in the previous fiscal year, mainly due to the growth in air traffic volumes. Operating expenses for fiscal 2016 were $1,238 million as compared to $1,202 million in the previous fiscal year, mainly due to higher compensation.
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