LONDON, Aug. 14, 2014 /PRNewswire/ — Goldgenie, a London-based luxury gift and specialist gold plating company, were the first to embellish the iPhone 3 in 24ct gold when Apple first launched the groundbreaking device in 2007. Having built …
Overall damage to agriculture high
Earlier expectations for increased rice production in 2013 stifled by the typhoons
Significant paddy losses at sub-national level
Rice imports forecast to increase in 2014
Fisheries sector also severely affected by Haiyan
FAO to provide assistance for agriculture rehabilitation
Latest estimates confirm a large increase in 2013 world cereal output; early prospects for 2014 wheat crop are mostly favourable.
The benchmark United States wheat export price declined in November on generally favourable 2014 crop prospects. Prices of maize and rice also eased somewhat and were at levels well below those of a year earlier.
Cereal imports of LIFDCs for 2013/14 are estimated to increase by some 4 percent, mainly reflecting reduced harvests in Africa and increased demand in Egypt.
In Western Africa, in several parts of the Sahel, especially in Chad, Mali, Mauritania, Niger and Senegal, crops and pastures have been affected this year by a late onset and early cessation of rains, which could lead to a new surge in food insecurity and malnutrition in the 2013/14 marketing year.
In the Central African Republic, a serious food insecurity situation has developed following civil unrest, with 1.3 million people, approximately 30 percent of the rural population, in need of emergency food assistance.
In North Africa, record 2013 wheat harvests were gathered in Egypt and Morocco while a sharp decline was observed in Tunisia.
In Eastern Africa, food security is improving gradually as newly harvested crops become available; the number of people in need of humanitarian assistance has fallen by nearly one-third to about 9 million, compared to December 2012.
In Southern Africa, prices of cereals are near or at record levels in several countries, underpinned by tighter supplies in the 2013/14 marketing year. Dry weather has delayed planting of the 2014 crop in parts.
In the Far East, the livelihood of over 14 million people in the Philippines has been adversely affected by Typhoon Haiyan. Overall, the 2013 subregional aggregate cereal harvest is estimated at a record level.
In the Syrian Arab Republic and in Yemen continued civil conflicts result in severe food insecurity with 6 and 4.5 million people, respectively, requiring emergency food assistance.
In CIS countries the area planted to winter grains in 2013 declined compared to 2012 following reductions in the Russian Federation and Ukraine due to excessive rains.
In Central America, the 2013 main season maize harvest was estimated at good levels and prices have declined sharply in several countries in recent months.
In South America, the 2013 aggregate wheat crop, being harvested, is anticipated to recover from last year’s reduced level despite losses due to frost earlier in the season.
FAO’s forecasts for global cereal production, consumption, trade and stocks in 2013/14 have all been raised since February, with overall supply conditions significantly improved compared to the previous season.
Export prices of wheat rose in February mainly on concerns about the 2014 winter wheat crop in the United States. Prices of maize also increased, supported by strong domestic and export demand for feed and industrial use. Overall, however, cereal export prices remained below their year-earlier levels.
Aggregate cereal imports in LIFDCs in 2013/14 are estimated at a near-record level mainly due to reduced harvests in Africa, overall stagnant domestic production and rising demand.
In the Central African Republic, continued widespread conflict has displaced large numbers of people and sharply increased the dire food security situation.
In Eastern Africa, food security conditions have deteriorated sharply in South Sudan since the conflict erupted in mid-December, and about 3.7 million people are estimated to be in need of emergency assistance.
In Western Africa, the overall food security situation has remained stable following an above average 2013 cereal harvest. However, over 20 million people are estimated to be in need of food assistance due to insecurity and reduced crops in parts of the Sahel.
In Southern Africa, tighter maize supplies and high food prices have affected access to food, mainly to vulnerable groups; however, conditions are expected to improve with a favourable production outlook in 2014.
In North Africa, early prospects for the 2014 winter wheat and coarse grains crops, to be harvested from May, are favourable.
In the Far East, overall early prospects for the subregion’s 2014 wheat crop are favourable, with record outputs expected in India and China. . However, more than 4 million people still remain displaced in the Philippines by Typhoon Haiyan.
Conflict in the Syrian Arab Republic continues to affect agricultural production, trade and humanitarian aid distribution. The number of people in need of urgent food and livelihood assistance is estimated at about 6.3 million. In Yemen, some 43 percent of the population is estimated to be food insecure.
In South America, overall prospects for the first season 2014 maize crop remain favourable despite dry spells in parts, as improved rainfall in early 2014 prevented significant yield reductions in the main producing countries – Argentina and Brazil. In Bolivia severe floods hit the northern El Beni department affecting the livestock sector and causing localized crop losses.
FAO estimates that globally 33 countries, including 26 countries in Africa, are in need of external assistance for food due to or a combination of conflict, crop failures, and high domestic food prices.
BEIJING, August 14, 2014 /PRNewswire/ — NetEase, Inc. (NASDAQ: NTES), one of China’s leading Internet and online game services providers, today announced its unaudited financial results for the second quarter ended June 30, 2014.”The advanc…
READING, Pennsylvania, Aug. 14, 2014 /PRNewswire/ — John D. Craig of EnerSys (NYSE: ENS) today announced that he will be stepping down from his position of President effective November 1, 2014, but will remain with the company as Chairman and Chief Executive Officer. With this move, Dave M. Shaffer has been appointed to the newly created position of President and Chief Operating Officer. Mr. Shaffer is currently serving as President of the Company’s Europe, Middle East and Africa business and prior to that was President of the Company’s Asia business. Mr. Shaffer will continue to report to Mr. Craig.
“Dave is an experienced executive recognized for his accomplishments at EnerSys, I want to congratulate him on his new position and look forward to continuing to work with him,” stated Mr. Craig, “as EnerSys continues to grow towards our goal of $4 billion in revenue by 2018 this new position is one more element that will help ensure we achieve this objective.”
Mr. Shaffer, who has over 24 years experience in the battery industry, joined EnerSys in 2005 and has held positions of increasing responsibilities with the Company. He holds a B.S. in Mechanical Engineering from the University of Illinois and an MBA from Marquette University.
For more information, contact Thomas O’Neill, Vice President and Treasurer, EnerSys, P.O. Box 14145, Reading, PA 19612-4145, USA. Tel: 800-538-3627; Web site: www.enersys.com.
EDITOR’S NOTE: EnerSys, the global leader in stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. Motive power batteries and chargers are utilized in electric forklift trucks and other commercial electric powered vehicles. Reserve power batteries are used in the telecommunication and utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions including medical, aerospace and defense systems. Outdoor equipment enclosure products are utilized in the telecommunication, cable, utility, transportation industries and by government and defense customers. The company also provides aftermarket and customer support services to its customers from over 100 countries through its sales and manufacturing locations around the world.
More information regarding EnerSys can be found at www.enersys.com.
Caution Concerning Forward-Looking Statements
This press release, and oral statements made regarding the subjects of this release, contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, or the Reform Act, which may include, but are not limited to, statements regarding EnerSys’ earnings estimates, revenue goals, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts, including statements identified by words such as “believe,” “plan,” “seek,” “expect,” “intend,” “estimate,” “anticipate,” “will,” and similar expressions. All statements addressing operating performance, events, or developments that EnerSys expects or anticipates will occur in the future, including statements relating to sales growth, earnings or earnings per share growth, revenue growth, and market share, as well as statements expressing optimism or pessimism about future operating results or benefits from revenue growth, are forward-looking statements within the meaning of the Reform Act. The forward-looking statements are based on management’s current views and assumptions regarding future events and operating performance, and are inherently subject to significant business, economic, and competitive uncertainties and contingencies and changes in circumstances, many of which are beyond the Company’s control. The statements in this press release are made as of the date of this press release, even if subsequently made available by EnerSys on its website or otherwise. EnerSys does not undertake any obligation to update or revise these statements to reflect events or circumstances occurring after the date of this press release.
Although EnerSys does not make forward-looking statements unless it believes it has a reasonable basis for doing so, EnerSys cannot guarantee their accuracy. The foregoing factors, among others, could cause actual results to differ materially from those described in these forward-looking statements. For a list of other factors which could affect EnerSys’ results, including earnings estimates, see EnerSys’ filings with the Securities and Exchange Commission, including “Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations,” including “Forward-Looking Statements,” set forth in EnerSys’ Quarterly Report on Form 10-Q for the period ended June 29, 2014. No undue reliance should be placed on any forward-looking statements.
BEIJING, August 14, 2014 /PRNewswire-FirstCall/ –Q4 Financial HighlightsQuarterly revenues of $158.9 million, representing an increase of 40.0% compared to $113.4 million year over year, and an increase of 65.7% compared to $95.8 million q…