May 24, 2019

Crowned by Burger King, meat replacement company Impossible Foods raises $300 million

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By Jonathan Shieber From TechCrunch After being crowned by Burger King as the first meat replacement patty to roll out nationally with one of the largest fast food chains, Impossible Foods has raised $300 million in capital. The financing brings the company’s total equity raise to $750 million — and provides a sizable pool of funds to draw from […]

Fired for having cancer: Freedom United’s exclusive interview with Baby Jane Allas and Jessica Cutrera

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From Freedom United Imagine being fired for having cancer. It’s shocking, but it’s exactly what happened to Baby Jane Allas. The single mother came to Hong Kong to be a domestic worker in 2017, hoping to support her five children and mother back in the Philippines. Yet her employer acted like Baby Jane was her […]

Hong Kong voted as Top International Financial Centre by Global Corporate Services Industry: Vistra 2020 Report

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Trend toward onshore and mid-shore jurisdictions continues Hong Kong, March 18, 2019 – The latest report on the Corporate Services industry conducted by Vistra, a leading global trust, fund administration and corporate services provider, reveals that the trend toward onshore and mid-shore jurisdiction for doing business is continuing with Hong Kong topping the list, being […]

Cayman leads offshore region in deal value and volume for 2018

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The Cayman Islands recorded 31% of all offshore M&A transactions and 26% of total deal value in 2018, maintaining its spot as the top jurisdiction for offshore deal making last year, according to a report released today by offshore law firm Appleby. The latest edition of Offshore-i, an Appleby report that provides data and insight […]

Welcome to the new SCMP website

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By Tammy Tam Editor-in-Chief South China Morning Post As the Year of the Pig begins, I’m delighted to introduce you to our all-newSouth China Morning Post website. Our mission is to elevate thought by creating world-class journalism every day for our millions of readers around the world, and to lead the global conversation about China. With […]

China confirms birth of gene-edited babies, blames scientist He Jiankui for breaking rules

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By Phoebe Zhang From South China Morning Post The Chinese authorities are holding scientist He Jiankui wholly responsible for creating the world’s first gene-edited babies. He had announced their birth in November, after which the authorities announced an investigation into the matter. A team of investigators told the official Xinhua news agency on Monday that […]

Swiss team develop ‘Microswimmer’ robot to deliver drugs through the body

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From Newsmax A tiny sliver of elastic material swims along inside a narrow tube, coiling up and changing shape in response to the thickness of fluid and the contours of the tube around it as it moves towards its goal. The miniature robot – the bacteria-inspired brainchild of a team of scientists in Switzerland seeking […]

Harneys names five new partners in New Year’s promotions

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Harneys is pleased to announce the promotions of five partners across the firm’s BVI, Cayman Islands and Hong Kong offices. The new partners are Stuart Cullen, Paula Kay, Paul Madden, Katie Pearson and Daniella Skotnicki. Stuart Cullen in the firm’s BVI office specialises in shareholder litigation and arbitration, international insolvency and restructuring, and asset recovery […]

NY Times: US believes China behind massive Marriott hack

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By Jason Devaney From Newsmax The investigation into the hack of the Marriott hotel chain points to an organized effort by the Chinese government to steal the information of millions of Americans, according to The New York Times.  Federal investigators believe the hack, which began in 2014, was conducted by people working for China’s Ministry of […]

Destinations of the week

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10 great places to spend New Year’s Eve By Forrest Brown, From CNN Sydney, Australia: Fireworks erupt over Sydney’s iconic Harbour Bridge and Opera House. PETER PARKS/AFP/Getty Images (CNN) — Some of the details may change, but year in and year out, these destinationsaround the world have a well-deserved reputation for traditionally throwing a great […]