Barclays to shed 19,000 jobs over three years
By Sophia Yan From CNN Barclays announced another wave of job cuts Thursday, pushing the total over three years to 19,000 as it takes the knife to its investment bank. The investment bank division will shed as many as 7,000…
Guyana finance minister praises Caribbean Development Bank
BRIDGETOWN, Barbados, CMC – Guyana has praised the Barbados-based Caribbean Development Bank (CDB) as an institution that has distinguished itself in its service to the region and has proven to be a reliable and effective development partner. Guyana’s Finance Minister…
Caribbean medical school founder gets 2 years in tax case (1)
By David Voreacos and Susannah Nesmith From Bloomberg A Florida psychiatrist who helped her husband build two Caribbean medical schools was sentenced to two years in prison for her role in a conspiracy to hide millions of dollars in income…
Commentary: Never be normal again…
By Phillip Edward Alexander From Caribbean News Now Following the unspeakable horror that was the slaying of well known legal activist Dana Seetahal, there are some who are already eager for us to ‘return to normal.’ But how can we?…
Apple set to buy Beats Electronics for $3.2 billion
By Joe Cox From What Hifi? Apple is reportedly set to buy Beats Electronics in a $3.2 billion deal, which would be the largest ever acquisition by Apple. The deal would see Apple take control of the Beats by Dre…
Editorial From The Publisher
By Joan Wilson Yesterday Colin wrote an Editorial on Mothers and published many tributes to mothers from celebrities old and new. I am reproducing one of my poems as my tribute to my late mother Blanche Watler who was better…
Carey Olsen boosts Cayman litigation practice with senior hire
Jan Golaszewski has joined Carey Olsen’s Cayman Islands office as counsel in the dispute resolution and litigation department. The appointment follows the launch of Carey Olsen’s Cayman Islands litigation offering in September 2013 with the appointment of partner Michael Makridakis…
Credit Suisse, US ‘in tax probe payment talks’
From Taipei Times Credit Suisse Group AG is in talks with the US Department of Justice (DOJ) to pay as much as US$1.6 billion to resolve an investigation into the bank’s role in helping US citizens evade taxes, a person…
Hey big spender — Bermuda is #1 in the world [Cayman is #3]
By Simon Jones, Senior Reporter, Bermuda Sun World Bank reports show the island’s residents are materially well off Big spenders Top 10 countries ranked by consumption per capita 1. Bermuda $37,924 2. US $37,390 3….
Record number of big earthquakes last month
From Caribbean360 BRIDGETOWN, Barbados, – Amid warnings from scientists that the Caribbean is due for another major earthquake, it’s now official: worldwide, April 2014 chalked up a record number of quakes with magnitudes of 6.5 or higher. Earthquakes occur daily,…
