April 3, 2020

Archives for February 20, 2020

2020 earnings forecasts decline on coronavirus impact

Despite investor optimism in January 2020, consensus earnings forecast revisions have declined over the past four weeks, coinciding with the coronavirus epidemic in China. Downgrades led by declines in oil, hotels, leisure and auto sectors. Consensus earnings forecasts have fallen by around 1% in just 4 weeks on a global basis. The sharp decline in […]

The knowledge advantage: experimenting and learning for the future in the Future Mobility Workshop 4.0

Innovation showcase, training centre and test lab for car dealers and workshops: the Future Mobility Workshop 4.0 at Automechanika Frankfurt – organised in cooperation with the Institute for the Automotive Industry (IfA) – showcases the technologies, processes and business models of the future, offering automotive professionals valuable expertise and new ideas for their own work […]

How to stay safe when driving during bad weather

BY AMY SNYDER From Pure Diesel Power In the 1st quarter of 2019, it is estimated that there were at least 276 million cars on the roads daily in the United States alone. With this many cars congesting the streets, driving in a safe and orderly fashion has never been more important.  Even though rules and regulations are already […]

Hyundai and Kia develop world’s first ICT connected shift system

Information and communication technology (ICT) automatically shifts to optimal gear based on road and traffic conditions ahead Improves driving comfort and fuel efficiency by minimizing unnecessary shifts through predictive gear-shifting control system Future developments to include consideration of driver’s preferences and traffic signal status Hyundai Motor Company and Kia Motors Corporation announced today that they […]

OECS PPS strengthens emergency preparedness for disease outbreaks

Dr. Carlene Radix The OECS Pharmaceutical Procurement Service (PPS) attends training to improve emergency supply chain processes for disease outbreaks such as COVID19 Wednesday, February 19, 2020 — In an effort to improve its emergency response capacity, the OECS Commission partnered with USAID’s Global Health Supply Chain – Procurement and Supply Management (GHSC-PSM) Programme to host […]

Cayman: The National Trust’s Statement on the Cruise Port Referendum Judicial Review

19th February 2020 – The National Trust for the Cayman Islands welcomes Mr Justice Owen’s ruling that the Referendum Law is incompatible with the constitution, and would like to take this opportunity to thank CPR and Shirley Roulstone for their principled campaign. We await the Judge’s further ruling as to whether the law should be […]

Cayman: Premier’s statement on Referendum Law ruling

“Understandably, the ruling of Acting Judge Tim Owen QC of Matrix Chambers handed down this morning is not the outcome that the Government had hoped for. “While the Court determined that the Referendum Law was incompatible with section 70 of the Constitution, the question of the appropriate relief to be granted is still outstanding. We […]

“Breakers ahead! Close to us!” Cayman’s most famous shipwreck disaster

Director of the National Museum, Dr. Peggy Leshikar-Denton, was the speaker for the Museum’s first Speaker Series lecture of the year on Tuesday, 18 February 2020. Leshikar-Denton presented on Cayman’s most famous shipwreck disaster – the Wreck of the Ten Sail, and its importance to Cayman’s rich maritime heritage. The Speaker Series Programme is where […]

Cayman: Maintenance flight planned for CAL Max 8

Cayman plane-spotters will have a rare treat this weekend when Cayman Airways Limited (CAL) conducts a flight with one of its 737-8 Max aircraft, as a necessary part of its maintenance program.  CAL’s two Max aircraft have been in an active maintenance program and have not flown since the airline voluntary grounded its fleet in […]

Cayman Islands completes National Assessment of Terrorism Financing Risk

The Cayman Islands has achieved another milestone in improving its understanding of how the jurisdiction can be misused for possible illicit purposes. In response to recommendations made by the Caribbean Financial Action Task Force (CFATF) in the Mutual Evaluation Report of the Cayman Islands, published in March 2019, the Cayman Islands undertook and completed a […]