VOODOO VENUE SET TO HOST MASSIVE DJ EVENT THIS BANK HOLIDAY WEEKEND

first_imgVOODOO VENUE are set to host one of the BIGGEST DJ events in years with the announcement that ‘2MANYDJS’ are set to perform this Bank Holiday Weekend. This May Bank Holiday is set to change for music lovers across Donegal and Northern Ireland with news that one of the world’s leading International Artists ‘2 MANY DJs’ is performing their distinctive classics and mixes LIVE at Voodoo Venue Letterkenny.Staging in massive festivals and events such as MARLEY PARK, CREAMFIELDS, TOMORROWLAND, I LOVE TECHNO and ELECTRIC PICNIC ‘2 MANY DJs’ mixes up every style from Hip-Hop to Groovy Pop onto Retro Dance to Prog Rock smashing into everyone’s favourite rhythm. Voodoo Venue is nationally recognised for their profound exhibition of the biggest Dance and DJs within the last few years including Paul Van Dyk, Green Velvet, Sebastian Ingrosso, Laid Back Luke, Eddie Halliwell and one of our personal favourite Annie Mac!!!Details:Date: Bank Holiday Sunday 3rd MayDoors Open: 10pm Shuttle Bus Service Contact: Derry – Muff – Newtoncunningham: Reddin Coach Hire – 074 93 84031Limavady: Sandy Arthur Buses – Eoin 028 7772 2221Omagh: JMD Buses: Joseph 0044 77 166 10008Falcarragh – Dunfanaghy – Cresslough: Sweeney Buses – 087 297 5187Annagary – Loughrou – Dungloe: John O Donnell – 087 2666 686 Ballybofey: Kay Cabs – Ryan – 087 9977 005VOODOO VENUE SET TO HOST MASSIVE DJ EVENT THIS BANK HOLIDAY WEEKEND was last modified: April 29th, 2015 by Mark ForkerShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:bank holiday weekendDJEntertainmentEventFeaturesMassivenewsVoodoo Venuelast_img read more

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Saturn’s Rings Not Just Young, but “Very Young”

first_imgCassini scientists now have reduced the rings’ age by an order of magnitude, as if they formed practically “yesterday.”New estimates of the mass of Saturn’s rings, taken during its “Grand Finale” orbits, have allowed Cassini scientists to estimate the lifetime of the rings. A JPL press release now puts it at between 100 million years and 10 million years, implying (to them), “Saturn’s rings may have formed during the age of dinosaurs.” The BBC News quotes Luciano Iess, Cassini scientist from Rome, calling this like “yesterday” compared to the assumed age of Saturn (4.5 billion years). “Saturn’s Rings Are Very Young,” the headline by Jonathan Amos states.Science Daily explains why the new measurements of the rings’ mass lead to this conclusion.That estimate — about 40 percent of the mass of Saturn’s moon Mimas, which itself is 2,000 times smaller than Earth’s moon — tells them that the rings are relatively recent, having originated less than 100 million years ago and perhaps as recently as 10 million years ago.To appreciate the astonishment of these figures, one must understand that 100 million years is 1/45th the assumed age of the solar system, and 10 million years is 1/450th the assumed age. If you stretched out a rope 45 feet long representing 4.5 billion years, the upper estimate would be one foot at the near end of the rope, and the lower estimate a tenth of a foot – 1.2 inches! What was going on the rest of the time indicated by that rope? Did it even exist? What happened just “yesterday” that we see these beautiful rings in all their glory, especially when they would disappear just as fast? At max, that lifetime of the rings would be represented by just five feet on our rope, out of 45 feet.It’s not that scientists are unable to concoct scenarios that could form the rings recently. Evolutionists, we know, are highly experienced storytellers. Dr Iess and team suggest a comet or moon disintegrated and became the rings, which seems highly improbable to have occurred so recently, lucky for us. The point is that that the evidence requires an improbable scenario to support a dogma.Cassini scientists, all of them moyboys, would prefer old rings for philosophical reasons. They don’t want to think of human beings being special, coincidentally living at a rare epoch when the rings exist to be observed and studied. But there are reasons to prefer the younger estimate of 10 million years, which would aggravate the problem further, putting the rings on their evolutionary timeline at the age of the great apes just before they evolved into humans. The reason? Saturn has age problems of its own (20 Dec 2018), and some of its moons, including Enceladus, Titan, Dione and Iapetus, are young, too!Young TitanCassini scientists now claim to have evidence for rain on Titan. A new paper in Geophysical Research Letters interprets observations of bright patches near Titan’s north pole to be specular reflections, the “wet sidewalk effect” like when you see a fuzzy sun reflected on wet pavement at certain angles. This implies a smooth, reflective surface, as would be expected after rain. The rain in Titan’s case would not be from water, since the temperature is about -290° F, but from methane, which should condense and liquefy at those temperatures. Space.com and Fox News Science summarize the findings. (Fox drags in irrelevant speculations about ‘alien life’ on Titan.)Why does this imply Titan is young? Whenever a dynamic process is observed on a solar system body, one needs to ask if that could be sustained for billions of years. As we have reported numerous times (most recently 3 May 2018), Titan’s methane supply also has an upper limit of 10 million to 100 million years, so why does any of it still exist today? And while there are river channels on Titan, they appear fairly shallow. Having methane rain on Titan for 4.5 billion years would have eroded the entire surface multiple times over, and yet scientists observe sand dunes around the equator. It pushes credibility to assume Titan has maintained its current landscape for billions of years. And despite its massive size (larger than Mercury), Titan has very few impact craters.Youth ImpactIf Saturn’s majestic rings are young, then certainly those of Jupiter, Uranus and Neptune, which are even less massive, must be young, too. Actually, Saturn’s young-age problems are not that unusual. Most objects in the solar system, from Mercury to Pluto and beyond, challenge old-age beliefs, as we have been reporting for years. Planetary formation theories themselves are being revised way downward in terms of the time required (22 Dec 2018); indeed, planets must form rapidly, they now believe, or they will be destroyed.There’s really no good reason to think that the solar system is billions of years old, except for the habitual way of thinking by materialists. Their consensus dogma needs the time for Darwinian evolution on Earth to turn molecules into man. If that didn’t happen, who needs the billions of years anyway? Follow the evidence where it leads. 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South African developers in Android finals

first_imgRainbow Racer is a physics-based racinggame that allows the user to navigate aball through a series of obstaclesinto a goal post.(Image: market.android.com) The Wedding Plandroid application is auseful wedding planning tool forbrides and grooms.(Image: market.android.com) MEDIA CONTACTS • Africa Press Centrepress-africa-external@google.com RELATED ARTICLES• Google nurtures talent in SA• SA whizz-kid in line for Google award • A tablet made for South Africans • Bringing internet to SA’s unconnected  Wilma den HartighTwo South Africans have done the country proud by being selected as finalists in the Android Developer Challenge for sub-Saharan Africa. Hosted by Google, the competition tasked entrants with developing new, high quality applications for mobile users in Africa and around the world, using Google’s open source Android operating system.Entrants were invited to submit applications related to three broad categories: entertainment, media and games; social networking and communication; and productivity, tools, and local and geo services.Five finalists were selected from a group of more than 200 submissions and 30 semi-finalists – among them are Herko Lategan and Richard Marsh from South Africa.The other finalists are Nigerians Chike Maduegbuna, Bobola Oniwura and Tope Omotunde, developers of AfriNolly; Kenyan David Lemayian for his Olalashe application; and Gerald Kibugi, also from Kenya, for Shopper’s Delight.The nomination is an important achievement for South Africa and sub-Saharan Africa as it recognises and honours the continent’s contribution to mobile application and software development.Rainbow RacerLategan’s application, Rainbow Racer, is a physics-based racing game that allows the user to navigate a ball through a series of obstacles into a goal post. To play the game, users have to tilt the device to roll the ball in a particular direction.Players can also compete and share scores in their country, region, and even against the whole world.Users have described Rainbow Racer as a highly addictive and challenging game with beautiful artwork and graphics.According to Google, the game has been downloaded from the Android Market more than 5 000 times since October last year. It currently holds a rating of 3.5 stars out of a possible five.Lategan works as a fulltime software developer in the Western Cape province. He remembers being just 12 years old when his love for computers began. Back then, he was experimenting with QBasic, a programming language.He says that he enjoyed developing the Android application. “My favourite programming languages are C++ and Java, and with Android I could use both,” he says.Rainbow Racer has been such a success that Lategan decided to establish Starburst Games, a game development company.Wedding PlandroidThe Wedding Plandroid application, developed by Marsh, is a useful wedding planning tool for brides and grooms. The aim of the application is to take the hassle out of wedding planning by managing wedding budgets, guest lists, wedding-orientated tasks and vendors – all from a central point.The budget section allows users to budget for more than 100 wedding and honeymoon items, including a pre-loaded list which users can customise to suit their needs.Marsh says that Android is an ideal and accessible operating system for application development. It was for this reason that he decided to submit his application to the Android Developer Challenge.“From my initial research, I found that Android provides the easiest, cheapest and most accessible method to get started with app development,” he says.Wedding Plandroid is also available on the Android Market and, with a rating of 4.5 stars, has already been downloaded more than 10 000 times since October 2011.More finalists from AfricaThe AfriNolly mobile application took first prize in the entertainment category of the Android Developer Challenge for sub-Saharan Africa.The developers explain that the application was created to showcase the African entertainment industry. It allows users to access African movie trailers, music videos, online comedy, celebrity updates, gossip and entertainment news.The Olalashe application is a distress-alerting mobile application that enables users to send a preset text message or email alert if they are in trouble. The message, which includes the sender’s location, is sent to everyone listed as an “in case of emergency” contact.The Olalashe application is ideal for mobile users in Africa as it and similar applications can increase people’s sense of security and make it easier to get help faster.“In Africa, the text message is the most widely used and accepted method of communication, thus it was the best solution for sending the alarm,” says Olalashe developer David Lemayian, founder and CEO of Capefield Ltd.The developers hope that neighbourhood watches or community policing organisations would use such applications in the future.Olalashe won first prize in the social category of the 2011 Android Developer Challenge for sub-Saharan Africa.Shopper’s Delight, developed by Gerald Kibugi, helps consumers compare product prices across nearby supermarkets using voice input and Google Maps, and also provides the location, distance from current location, and directions to shops mentioned.According to Google figures, it is becoming one of the leading mobile shopping applications in Kenya. Its developers hope to expand the application into more markets worldwide.last_img read more

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Cache 4 Coins GeoTour (GT6B)

first_imgTravel to peaceful reservoirs, surround yourself with acres of trees, enjoy tasty and artsy attractions, and take in some local history in Stark County’s Cache 4 Coins GeoTour in Ohio. Find every geocache on the tour and cash in your prize: a commemorative geocoin. Great geocaches on the GeoTour:GC6WE2F –  Oh DeerBring your kayaks and canoes along and spend time at the beautiful Deer Creek Reservoir. Catch sights of bald eagles, osprey, and migrating waterfowl along the shore, or white-tailed deer and coyote in the forested areas surrounding it. GC6X2C6 –  Put a Cork in itDid you know that Ohio is home to several vineyards? The Gervasi Vineyard is a notable winery with landscapes reminiscent of Tuscany and a restaurant inspired by Venetian cuisine and architecture. It was the 2017 USA Today Readers’ Choice winner for #1 Winery Accommodations in the nation.GC6XJOY –  Blue MonkeyThe downtown area of Canton has a lot to offer. You can’t go wrong with 22 art studios, 7 art Galleries, 5 live music venues, specialty shops, local restaurants, and an outdoor ice skating rink in the winter time. While gazing at the local art in the galleries keep an eye out for this monkey sculpture to find the cache.GC6XWTN – Touchdown!Canton is most known for the Pro Football Hall of Fame, and it’s a hot spot for tourists. If you don’t have time to complete the other parts of the GeoTour, consider tackling this two-stage Multi-Cache right outside the building. “Another day of Stark County caching with the Hiking Viking. This was a scenic and fascinating park. I never would have found this spot if it wasn’t for geocaching and the Stark Parks geo-tour. Thank you for bringing me here! I hope to return again on a warmer day.”Find out more about the Cache 4 Coins GeoTour here.Note: All the above information was provided by the GeoTour host. Copy has been edited by Geocaching HQ.Share with your Friends:More This is the way GeoTour caches should be hidden. We got to see an interesting place, and the cache was a quick find. Even room for swag! We are trying to get the C4C caches done today, so thanks for the easy one! TFTC Top reasons to visit:Canton and the greater Stark County region feature national historic sites and museums including the William McKinley Presidential Library & Museum and McKinley National Memorial, as well as the First Ladies’ Library & National Historic Site.The Canton and Stark County area offer great bird watching opportunities including sights of Bald Eagles and Peregrine Falcons. Check out a list of great birding locations provided by the Canton Audubon Society at https://cantonaudubon.org/birding-stark/.The area is full of additional outdoor recreation opportunities including golf, disc golf, kayaking, canoeing, cycling, and the nearby Cuyahoga Valley National Park.Check out the free art and history museum, Massillon Museum, next to GC6XTXY. The first Saturday of every month is FREE for family activities from 12:00-2:00 p.m. led by the local artists and museum staff.Stop in at the Carriage House Nature Center at Quail Hollow State Park. A two for one attraction with geocache GC6WE2W nearby. The Carriage House Nature Center features live animals, hands-on educational activities, cross-country skiing, as well as equestrian and mountain bike trails.Logs from cachers:We were in the area for the weekend. While here, we decided to take an adventure & do the whole Cache 4 Coins geotrail in one day! We spotted a cute fox in one of the rehabilitation pens! It was certainly a whirlwind adventure today, but we had loads of fun exploring all around Stark County. And we came home with a new, shiny coin! Thanks for working so hard on this geotrail. We had a fantastic time today! Location:OhioFavorite Points:109 SharePrint RelatedButler County Donut Trail GeoTour (GT77)October 5, 2017In “GeoTours”A Dash of the Unexpected GeoTour (GT7B)January 11, 2018In “GeoTours”A Dash of the Unexpected GeoTour (GT7B)March 5, 2019In “GeoTours” Attention to local events:From April 26th to July 15th stop by the Canton Museum of Art to explore the “panoramic adventure” African Menagerie. This touring exhibit lets audiences understand the plight of African wildlife species and to shed light on Earth’s wildlife extinction crisis.Visit in early August to experience the “Hall of Fame City” at its finest during the annual Pro Football Hall of Fame Enshrinement Festival. Every weekend in September, travel back in time and visit pioneer America at the 46th Annual Yankee Peddler Festival in Canal Fulton along the Ohio & Erie Canalway.last_img read more

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Congratulations! What’s Next?

first_imgRelated Posts A Web Developer’s New Best Friend is the AI Wai… 8 Best WordPress Hosting Solutions on the Market Top Reasons to Go With Managed WordPress Hosting This is one post/chapter in a serialized book called Startup 101. For the introduction and table of contents, please click here.You did it all: you built a valuable venture and sold it. The contract was signed… finally! The wire transfer came through. You are wealthy. Congratulations! So, what’s next?Why even think about that ahead of time? Two reasons. First, if you think about it clearly now, you will be better positioned to know what you want when you negotiate your exit. Secondly, many people go a bit “off the rails” when they finally get to relax after years of hard venture-building. This post assumes you had a big payday; if the exit was just enough for you to pay off some debts, you’ll probably be back at work on Monday — not much else to consider.5 Tips for the Recently Cashed-InTake at least three months fully and completely off. Really switch off all electronic devices. Reconnect with friends and family. Do whatever you love doing. Recover some of the health and fitness that your years of stress and overwork undid. Only after this sabbatical will you be able to think clearly about anything.Don’t make any high-risk investments for at least a year. You may become an angel, and that’s a great thing to be: it can be fun, you can give back to the entrepreneurial community, and you may even make some money. But recently cashed-in entrepreneurs have a habit of jumping into bad deals quickly. Keep track of the deals you want, but don’t hit the “Send cash” button until you are clearer about how you want to operate as an investor. Tell all the great entrepreneurs whom you want to maintain relationships with what your game plan is, so that expectations are clear.Avoid the “Coulda, woulda, shoulda” return act. You probably had to make trade-offs in your venture because of capital constraints and/or investor pressure. Now with money and fame, you could jump back in (if the non-compete terms from your last venture permit) and show them all how it really should have been done. These often turn out to be disasters, because the motivation is unclear.Take time to evaluate the bees in your honeypot. You are suddenly on the wealth management industry’s map. A lot of folks want to help you manage that loot. Many of them are real professionals, and you will need some help. But there are also scammers and people who simply don’t add any real value. Take your time.Re-connect with a long-lost passion. This may take you completely away from business. Or it may point you to your next venture.(Photo credit: danesparza.)center_img bernard lunn Why Tech Companies Need Simpler Terms of Servic… Tags:#Gritty Entrepreneurs#NYT#start#StartUp 101 last_img read more

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TISS report points to model shelter homes in Bihar

first_imgThe social audit report by the Tata Institute of Social Sciences (TISS), which exposed the sexual abuse of 34 minor girls at a State-run shelter home in Muzaffarpur, has also pointed out that there are at least seven shelter homes that could, in fact, be models for other such institutions in the State.The 100-page TISS report has not been made public yet.There are 110 shelter and short-stay homes funded by the Social Welfare Department of the Bihar government and managed by NGOs across the State. The TISS report pointed to 15 of them in which minor girls and boys were physically and sexually abused.But while speaking to reliable sources who were part of the social survey team, The Hindu came to know that one of the seven very well-managed shelter homes is the Specialised Adoption Centre in Saran district. The infrastructure and management of the centre were found to be good, and the staff too were concerned and sympathetic towards the children living there. All children at the centre looked happy and healthy, the report has noted, sources said, while suggesting that, “This centre could be called a model adoption centre.” The secretary of the NGO running the affairs of the centre was found to be a sensitive person, dedicated to the welfare of the inmates.“Yes, at these shelter homes, the staff and those who run them on behalf of the government have developed some appreciative mechanisms for the welfare of the children living there, which could be replicated at other centres, too,” Mohammad Tarique, who led the TISS team that prepared the social audit report, told The Hindu over phone. In another example, the children and staff of the ‘Observation Home’ at Darbhanga enjoy a cordial relationship. Whether it is gardening or cleaning the kitchen, they do it together. Regular classes are held for the children and there are facilities to play badminton and volleyball. The atmosphere at the centre was congenial, according to the report, sources said. At the ‘Children’s Home’ in Buxar, children were seen learning painting and art. This home also a library from which children borrowed books to read at bedtime. This is an initiative that other centres could follow, the report says, according to sources.At Shanti Kutir in Nalanda district, women inmates are taken to a nearby temple every evening, and no women had tried to escape from it.Positive atmosphereConcern for girl children was visible at the Children’s Home for Girls in Bhagalpur, where the staff celebrated children’s birthdays. Despite a lack of space, sources said that the report pointed to the atmosphere at the shelter as quite positive. At the ‘Children’s Homes’ in Katihar and the neighbouring district of Purnia, senior boys bonded with juniors by teaching them. At the Purnia home, children regularly interacted with “people outside.” The report states, sources said, that the organisation also used a mobile application called Police Light to trace the families of children reported missing.“Conditions were found to be very bad at 15 shelter homes, such as those in Muzaffarpur, Araria, Motihari, Munger, Gaya, Madhepura, Kaimur and Bhojpur,” Mr. Tarique said. Earlier, Principal Secretary of the State Social Welfare Department Atul Prasad had said the department had already taken the initiative to get things corrected at these centres.last_img read more

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Parlour Ramsey will be a great catch for Ronaldo Juventus

first_imgArsenal legend Ray Parlour highlighted the main reasons why Aaron Ramsey will prove to be a great signing for both Cristiano Ronaldo and Juventus.After over a decade at Arsenal, Ramsey is set to leave this summer as a free agent after talks over a new contract broke down between the player and club.With just six months remaining on his current deal, Ramsey is free to enter negotiations with clubs outside of England over a pre-contractual agreement and he’s reportedly agreed to join Juventus for the start of next season.Real Madrid, Bayern Munich, Paris Saint-Germain and Inter Milan were all linked with moves for the Wales international this month.Despite the uncertainty surrounding his own future, however, Ramsey has not allowed it to affect his performances on the pitch for Arsenal with manager Unai Emery praising him for his commitment.The 28-year-old’s latest exploits saw him produce a brilliant performance in Arsenal’s 2-0 win over Chelsea last Saturday and he’s continued to leave the club’s highest earner Mesut Ozil benched.Speaking on Ramsey’s future, Parlour praised the Welsh star’s professionalism and added what he thinks makes him a great signing for Juventus.“It is very disappointing from an Arsenal perspective,” Parlour told Goal. “Arsenal fans would love to have seen him sign but it is also exciting for Ramsey.“He is going to a different culture and league. Obviously, Juventus have a great history in the Champions League.Cristiano Ronaldo, Nemanja Vidic, Manchester UnitedVidic: “Ronaldo is the most professional footballer I’ve seen” Andrew Smyth – September 14, 2019 Nemanja Vidic opened up on how a 21-year-old Cristiano Ronaldo’s professionalism left him stunned at Manchester United.“He will be playing with Ronaldo, I wish him all the best. He has been a great servant to the club and I really praise him for the Chelsea performance.“That’s exactly how you should act when you know you are leaving the club, to give your all for the players and fans.“He showed he will play for his shirt until the end of the season. You have to give it all for the fans. He scores some vital goals in big games. His energy is excellent.“He is decent on the ball, gets about the pitch and he makes good runs. What he has done well for Arsenal is that he makes that run into the back four which allows [Pierre-Emerick] Aubameyang or [Alexandre] Lacazette to find that little gap. That’s what Ronaldo and company will be getting.“He gives that space for the opportunity because he takes defenders away. So, that’s what he will bring to the team.“Hopefully, he will be in the team for Arsenal on Friday (against Manchester United in the FA Cup fourth round) because he deserves to be.“It is a shame because I would love to see him stay but I am not negotiating his contract. Arsenal want the best deal for themselves, Aaron’s representative wants the best deal for him. In the end, they came to this agreement.”Ramsey will likely start in Arsenal’s FA Cup fourth-round tie against Manchester United at the Emirates Stadium tonight with kick-off set for 20:55 (CET).last_img read more

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Mayor Faulconer announces 2 million investment to Affordable Housing Fund

first_img KUSI Newsroom, Posted: December 19, 2018 December 19, 2018 KUSI Newsroom Categories: Local San Diego News FacebookTwitter 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI)- Mayor Faulconer joined elected officials today to announce a $2 million investment from U.S. bank toward an affordable housing fund.The Local Initiative Support Corporation, known as LISC, is one of the nation’s largest non-profit funding organizations dealing with affordable housing.Today’s investment will offer low interest loans for developers to start the process of building affordable housing in City Heights.LISC provided a 4 to 1 match for ever contribution made into the fund, which brought the total of today’s contribution to $10 million. Mayor Faulconer announces $2 million investment to Affordable Housing Fundlast_img read more

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Jaguar FType Convertible Hits Indian Market with Starting Price at ₹137 Crore

first_imgJaguar Land Rover, the wholly-owned subsidiary of Tata Motors, launched on Monday its high-end F-Type convertible sports car in India with a starting price of ₹1.37 crore.The two-seater convertible will be released in the Indian market in two variants – the F-Type S and the F-Type V8S. The V6S model packs the 3-litre V6 supercharged petrol engine which churns out a power of 380PS and 460Nm, while the high-end V8S variant is powered by a 5-litre V8 supercharged petrol engine that gives out 495PS and 620Nm. The company claims that V8S reaches 100 km/h in 4.3 seconds and has a top speed of 300 km/h, while the V6S reaches the same speed in 4.9 seconds and claims a top speed of 275 km/h. The F-Type V8S is priced ₹1.61 crore and the VS model goes for ₹1.37 crore.”The Jaguar F-Type is our all-new, two-seater sports car and we believe it will be a game changer for the Indian sports car market. With its stunning design and driver focused engineering, this car will further enhance the appeal of our brand and I am confident that it will arouse senses and stir emotions like no other car in India,” said Rohit Suri, vice-president, Jaguar Land Rover India.The car which was first unveiled at the Paris Auto Show 2012 had bagged the title of 2013 World Car Design of the Year. The F-Type is the successor of Jaguar’s E-Type model. The vehicle will be pitted against Porsche Cayman and Boxster. According to the company, the Indian arm of Jaguar witnessed a 68 percent growth in sales in the first quarter of the year.last_img read more

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Asian share markets fall amid China confusion

first_imgAsian share markets swept lower Monday after Wall Street suffered its worst starting week in history and doubts over Beijing’s economic competence sent investors into the arms of the safe-haven yen and sovereign bonds.The absence of Tokyo for a holiday only made liquidity even harder to come by, heightening volatility. Currency markets saw some wild swings with the South African rand collapsing to record lows at one point before bouncing.MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS sank 2%, as did Australia’s main index . E-mini futures for the S&P 500 ESc1 were down 0.7% in a sizable move for Asian hours.Commodities remained on the ropes as Brent crude oil LCOc1 shed another 74 cents to $32.81 a barrel. US crude CLc1 was quoted 71 cents lighter at $32.45.China was again the epicenter of unease as the People’s Bank confounded analysts by guiding the yuan sharply stronger, a move that might calm concerns about a competitive devaluation but only added to market confusion as to Beijing’s ultimate intent.Equity investors seemed less than reassured with the Shanghai Composite Index and the CSI300 index both falling around 1% in erratic early trade.Perceived missteps by the authorities in managing the share and currency markets have led to concerns Beijing might lose its grip on economic policy too.That heightened tensions ahead of trade data on Wednesday where further declines are expected in exports and imports, underlining just how anemic world trade flows are right now.Both the Dow and S&P 500 had their worst five-day starts in history last week, and the corporate news flow is unlikely to get any cheerier with the coming results season expected to be a tough one.S&P 500 earnings are forecast to have dropped 4.2% in the fourth quarter, a second straight quarterly decline led by the hard-hit energy and materials sectors.The pain in stocks and worries over China even outweighed the positive impact of December’s upbeat US payrolls report and burnished the appeal of higher-rated government bonds.Yields on 10-, 7-, and 3-year US Treasuries all had their biggest weekly declines since early October last year, while five-year yields dropped by the most since September 2013.The gains continued on Monday with US 10-year Treasury futures TYc1 up a solid 6 ticks, while Fed fund futures were pricing in a shallower upward path for rates.In currency markets, the main beneficiary was the yen which is often favored in times of stress as Japan remains the world’s largest creditor nation.The dollar fell half a yen to a near five-five month low of 116.70 yen in early trade, before steadying around 117.13.Dealers said Japanese investors seemed to be bailing out of long positions in the South African rand by selling rand for dollars and then those dollars for yen.That saw the dollar surge as much as 10.3% at one stage to 17.9950 rand, before tracking back to 16.7205. That was still up sharply from 16.3150 late on Friday.The euro was well supported at $1.0940 while the dollar index dipped 0.26 percent to 98.281.last_img read more

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