Hedge fund auditor Marcum sued for $25 m by Cayman liquidators
From OffshoreAlert August 01, 2014 – The Cayman Islands-based liquidators of a hedge fund group controlled by Long Island-based Corey Ribotsky that collapsed due to fraud are seeking damages of $25 million in a lawsuit against the funds’ auditor, Marcum…
Judge calls Sherlock Holmes licensing fee ‘a form of extortion’
By Kevin Melrose From CBR In June, Judge Richard Posner gleefully dismantled the Arthur Conan Doyle estate’s case, and confirmed the bulk of the Sherlock Holmes stories belongs to the public domain. However, it turns out he wasn’t quite finished….
The Editor Speaks: Sunday trading: Will it really make a difference?
With a whopping 75% of the membership of the Cayman Islands who participated in the Cayman Islands Chamber of Commerce Sunday Trading Survey executed in 2005 in favour of allowing all businesses the option of opening on Sundays, I do…
Hexagon Geospatial announces new Caribbean distribution partnership with GeoOrbis
>PRWEB.COM NewswireNorcross, GA (PRWEB) August 04, 2014 Hexagon Geospatial announces its new partnership with GeoOrbis to distribute the company’s full line of solutions in the English-speaking basin of the Caribbean. Headquartered in Barbados, GeoOrbis is a GIS consulting firm offering…
China-based electronics maker seeks primary listing on TWSE
From Focus Taiwan Taipei, Aug. 2 (CNA) China-based electronics components supplier BrightKing Holdings Ltd. has filed an application with the Taiwan Stock Exchange (TWSE) to seek a primary listing on the main board, the TWSE said Saturday. The TWSE said…
Global firm WeiserMazars buys Sacramento’s pmpm Consulting
By Kathy Robertson Senior Staff Writer- Sacramento Business Journal Global accounting, tax and consulting services firm WeiserMazars LLP has bought the Sacramento health care consulting firm pmpm Consulting Group Inc. The New York-based company announced the deal Wednesday. No financial…
White House Summit on Africa lauded but Caribbean/Central American investment summit urged
News Americas, NEW YORK, NY, Fri. August 1, 2014: While saluting the White House for its second annual U.S.-Africa Leaders Summit, the Board of Invest Caribbean Now, (ICN), the biggest investment summit on the Caribbean outside the region, is urging…
Look, Ma, no wheels! How maglev trains reach 500kph
By Takashi Kurokawa, By Nikkei Asin Review TOKYO — JR Tokai, a railway operator in central Japan, is scheduled to begin construction this autumn on the Linear Chuo Shinkansen line. The line’s magnetically levitated, or maglev, trains will be the…
Tesla delivers
By Rob Wile From Business Insider Tesla reported adjusted earnings of $0.11 a share, beating Bloomberg’s consensus for earnings of $0.04 a share and loss of $0.26 a year ago. Revenue came in at $857.5 million, versus a consensus estimate…
US issues new customs declaration form for Caribbean travellers
From Jamaica Observer WASHINGTON, (CMC ) — The United States Customs and Border Protection (CBP) agency says it has issued a new customs declaration form “in print and online” that expands the definition of family members for arriving Caribbean and…
