Air Passenger Duty is hitting Caribbean families hardest
From Lester Hollowy It was very disappointing that government ministers this week refused to scrap the hated Air Passenger Duty, a regressive tax which penalises hard-pressed Caribbean families visiting relatives. The extra tax might swell the Treasury’s coffers but it…
Vantage Drilling schedules third quarter earnings release date
Vantage Drilling Company Schedules Third Quarter 2013 Earnings Release Date and Conference Call HOUSTON, TX — (Marketwired) — Vantage Drilling Company (“Vantage”) (NYSE MKT: VTG) today announced that it will conduct a call at 11:00 AM Eastern Time on November…
Jwala Rambarran: From diagnosis to action – advancing the Caribbean reform agenda
Statement by Mr Jwala Rambarran, Governor of the Central Bank of Trinidad and Tobago, at the 2013 Caribbean Breakfast with the IMF Managing Director, Ms Christine Lagarde, Port of Spain, 13 October 2013. Salutations: The Honorable Denzil Douglas, Prime Minister…
O2Micro Reports Third Quarter 2013 Financial Results
GEORGE TOWN, Grand Cayman, Oct 30, 2013 (GLOBE NEWSWIRE via COMTEX) — O2Micro International Limited OIIM -5.36% , a global leader in the design, development and marketing of high-performance integrated circuits and solutions, reported its financial results today for the…
Small molecule API and manufacturing facility passes FDA inspection
WuXi PharmaTech (Cayman) Inc. (ADR) : WuXi Manufacturing Facility Passes FDA Inspection SHANGHAI, Oct. 29, 2013 /PRNewswire/ — WuXi PharmaTech (NYSE: WX), a leading pharmaceutical, biotechnology and medical device research and development outsourcing company with operations in China and the…
Danger of mixed signals
From Trinidad Express One thing Heads of Government of our 15-member Caribbean Community should studiously avoid is sending mixed signals to their immigration and customs services when it comes to implementation of the letter and spirit of the recent historic…
The Editor Speaks: Halloween
Colin Wilson You will probably have noticed iNews Cayman has published a number of articles recently, including today’s edition, featuring prominently Halloween. In one of today’s stories from the New York Times under the headline “Britain embraces Halloween and cashes…
Britain embraces Halloween and cashes in on ghoulish celebration
By Kimiko De Freytas-Tamura From New York Times LONDON — This Halloween, skintight full-body leotards are a sellout in Britain. Morphsuits, the Scottish company behind the goofy, often garish bodysuits, transformed a drunken prank at a stag party into a…
Royal Caribbean Cruises Rating Reiterated by Zacks (RCL)
By Ethan Ryder From Ticker Report Royal Caribbean Cruises (NYSE:RCL)‘s stock had its “neutral” rating reaffirmed by Zacks in a research report issued to clients and investors on Monday, Analyst RN reports. They currently have a $46.00 price objective on…
Herbalife profit grows for16th quarter in a row
By Kevin McCoy, USA TODAY Some major hedge fund investors have sparred over Herbalife’s multi-level marketing structure Herbalife, the nutrition products firm at the heart of dueling hedge fund claims about its financial viability, reported Monday that profits reached double-digit…