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Month: May 2016

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Cayman: Uncertainty remains over who will respond to companies requests

From IFC Review Cayman Islands government officials are still trying to decide who will be responsible locally for handling formal requests for company and trust ownership information under an agreement they signed with the United Kingdom last month, reports the…

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Houston man sues Justin Bieber over alleged beer-bong incident

By Brenda Sapino Jeffreys, From Texas Lawyer After a Houston man filmed Justin Bieber spilling beer “all over himself, his clothes and on his face” while drinking from a “beer bong” in a Houston club, the pop singer smashed the…

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Number of British women becoming nuns hits 25-year high

AFP From Business Insider The number of women becoming nuns in Britain reached a 25-year high last year, according to figures released by the Catholic Church London (AFP) – The number of women becoming nuns in Britain reached a 25-year…

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Turkey PM Ahmet Davutoglu to quit amid reports of Erdogan rift

From BBC Turkey’s Prime Minister Ahmet Davutoglu says he will stand down at an extraordinary congress of his ruling AK Party later this month. Mr Davutoglu is believed to have fallen from favour having disapproved of Mr Erdogan’s plans to…

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$11M Fraud: More charges may be coming against Shkreli, Attorney

By Christine Simmons, From New York Law Journal Martin Shkreli, the former pharmaceutical executive who was arrested alongside his company’s corporate attorney, Evan Greebel, may use a “reliance of counsel” defense and is exploring whether to sever his case from…

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THE COST OF CORRUPTION: Brazil’s Petrobras

AFP From Business Insider Brazil’s Petrobras loses $2.1 billion to years of scandals Petrobras lost $2.1 billion to the largest corruption scheme in Brazilian history, the state oil giant said, releasing its first audited accounts of a scandal that has…

Top Chinese experts: North Korea has more nukes than anyone thought and Kim could double it

By Reuters and Bryan Logan From Business Insider Chinese nuclear experts have warned that North Korea may already have 20 nuclear warheads and the capability to produce enough weapons-grade uranium to double its arsenal by next year, The Wall Street…

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Eastern Caribbean Countries to discuss Geothermal Energy at special forum in Saint Kitts and Nevis

From OECS The Caribbean Community (CARICOM) Secretariat and the Organisation of Eastern Caribbean States (OECS) Commission are partnering with the Government of St. Kitts and Nevis to jointly host a Regional Geothermal Forum under the theme: ‘Opportunities and Synergies for…

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Guilty verdict in Bahamas bribery trial

By Artesia Davis Nassau Guardian Senior Reporter From Caribbean News Now NASSAU, Bahamas — A Bahamas Supreme Court jury wasted little time on Tuesday before convicting Fred Ramsey on 14 counts, finding that the former Bahamas Electricity Corporation (BEC) board member…

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Smart gadgets from guns to cars ripe for hacking

By Glenn Chapman, AFP From Business Insider Hackers are not just after your computer: connected devices from cars to home security systems to sniper rifles are now targets for actors looking to steal or cause mischief San Francisco (AFP) –…