Renshaw provides seasonal inspiration at Bakers’ Fair

first_imgRenshaw, host of the Cake Zone at Bakers’ Fair Autumn next month, will be creating a range of Christmas and Halloween-themed bakery goods.As part of the event, which takes place on Sunday, 7 October, at the Yorkshire Event Centre in Harrogate, the bakery ingredients manufacturer will be showcasing a range of its products to make cakes, biscuits and bakery goods at its ‘Halloween fun and Christmas festivities’ stand.This will include eyeball cake pops, Halloween cupcakes, a graveyard traybake with Halloween characters, caramel and chocolate web cupcakes, a tear-and-share Rudolph cake, novelty melted snowman biscuits and novelty sandwich shortbread wreaths.Renshaw will be decorating products using its range of coatings, ready-to-roll icing and injectable caramel.Nicola Hemming, business development manager and technical sales manager at Renshaw, said: “We will be creating a Christmas cake display to inspire all skills sets that visit the show. This will include ideas that incorporate colours from the Renshaw Professional range and techniques.“The Cake Zone will also act as a sugarcraft surgery to answer any questions visitors may have. We will also be demonstrating how to make simple Christmas trees and snowflakes from Renshaw modelling paste.”last_img read more

Cut the Rope has sold six million copies Valentines Day update on

first_imgChillingo’s addictive alternative to Angry Birds, entitled Cut the Rope, has seen the game top 6 million sales recently, which is no surprise given that it sold 1 million copies in 10 days upon its original release.To celebrate the news developers ZeptoLab is working on a new Valentine update (version 1.2) for Cut the Rope which will feature 25 new levels based on a heart shaped candy theme.The central character Om Nom will be cupid as you try and guide the heart shaped candy into his mouth in typical Cut the Rope fashion. However there will be a romantic and fun, “split-candy” game play element thrown in which will challenge players to slice the right ropes to feed the insatiable green creature.Efim Voinov, CTO of ZeptoLab (developers of the game) made this remark about the update:This 1.2 update is our gift to you this Valentine’s Day for being the greatest fans out there; we hope players love the new box, levels and features just as much as we enjoyed creating it. Thank you for the continued support, we are already working closely with Chillingo to enhance the game and think fans will be extremely delighted! Cut the Rope is available for $.99 (iPhone and iPod touch) and a $1.99 (iPad) from the App StoreRead more at Cut the Rope Facebook Pagelast_img read more

Canadian dollar could sink to record low of 62 cents as economy

first_img Esteban Duarte Sponsored By: Featured Stories 311 Comments Comment Toronto-Dominion Bank downgraded its forecast of the Canadian dollar on Friday, seeing at within a range of 74 U.S. cents to 71 U.S. cents for much of this year. Citigroup technical strategists are targeting 73.52 US cents to 72.99.Peter J Thompson/National Post Canadian dollar could sink to record low of 62 cents as economy slides closer to recession, says David Wolf Former adviser to Bank of Canada is not the only one bearish on the loonie Twitter Reddit advertisement Email Bloomberg News Facebookcenter_img March 18, 20198:03 AM EDT Filed under News Economy If you thought this year was bad for the loonie, how does 70 cents sound? CIBC sees Canadian dollar falling to 15-year lows — that’s 71 cents The Canadian dollar may sink back to its record low of 62 U.S. cents as the country retrenches from a consumer-spending boom into the face of a slowing global economy, said David Wolf at Fidelity Investments.A 17 per cent drop from current levels of around 75 U.S. cents may sound like a lot but the currency has already fallen about 30 per cent from above par in 2011 when Canada’s economic stars were aligned, said the Toronto-based portfolio manager. Back then, the country was revving up from the financial crisis and oil was over US$100 a barrel.Now, the nation may already be in recession after growing at an annualized pace of just 0.4 per cent in the fourth quarter and a pretty “soggy” start to the year, said Wolf, part of the asset allocation team at Fidelity Investments Canada, which manages about $136 billion. He stressed his views were his own, not the firm’s.“There’s a good chance that those stars are going to be misaligned,” Wolf said in an interview at Bloomberg’s Toronto office. David Rosenberg: Don’t let ‘blockbuster’ job numbers fool you, Canada is one rung away from recession Canada’s income tax rates have become uncompetitive, and the economy will pay the price Why central banks — including Canada’s — are finding it so hard to get interest rates back to ‘normal’ territory The big problem for Canada is that a household deleveraging appears to be starting just as the global economy is slowing, said Wolf, who was an adviser at the Bank of Canada before joining Fidelity in 2014. Home values fell nationwide last year for the first time since at least 1990, while household debt burdens touched a record high. Meanwhile, Canada’s competitiveness problems remain, he said.“It may not meet that technical definition, but it could very well feel like a recession for a big part of the economy,” said David Tulk, an institutional portfolio manager who works with Wolf. History has shown that it takes a “long, long” time to restore household balance sheets, a situation that will be all that more difficult with trade and business spending hampered, he said.Wolf and Tulk said it’s hard to say how long or deep Canada’s slowdown will be.“You’ve never had debt levels as high, relative to incomes in Canada,” said Tulk. Even if the Bank of Canada has stopped raising rates, “there’s still kind of a big bulge in the python, so to speak, in terms of prior increases in interest rates and prior actions.”While Canada’s job market has been on fire, posting its best start to the year since 1981, Tulk points out said the gauge is a lagging indicator; hours worked have receded. Business investment in the final three months of 2018 meanwhile, fell 5.9 per cent from the first quarter of last year, and 22 per cent below record high levels in 2014.Wolf has been bearish on the loonie in the past. Lately, he’s getting some company. Toronto-Dominion Bank downgraded its forecast on Friday, seeing at within a range of 74 U.S. cents to 71 U.S. cents for much of this year. Citigroup technical strategists are targeting 73.52 US cents to 72.99. The median of analyst forecasts’ compiled by Bloomberg puts the loonie at 77.52 U.S. cents in the fourth quarter of the year.One option to shield investors from potential shakeout of Canadian assets is to replace some of them with emerging markets, which are cheaper and have better long term growth prospects, said Wolf.With assistance from Theophilos ← Previous Next → Related Stories What you need to know about passing the family cottage to the next generation Share this storyCanadian dollar could sink to record low of 62 cents as economy slides closer to recession, says David Wolf Tumblr Pinterest Google+ LinkedIn Five fearless predictions for 2019, from a lagging loonie to potential privatizations Join the conversation → Morelast_img read more