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Seagate Technology announces offering of $500 Million of senior unsecured notes

CUPERTINO, Calif.–(BUSINESS WIRE)–October 31, 2013— Seagate Technology plc (NASDAQ: STX) today announced that it intends, subject to market and other conditions, to offer up to $500 million aggregate principal amount of senior notes (the “Notes”) in a private placement. The…

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The Editor Speaks: Grand job by Immigration but 40% TLEP’s fail to show

Cayman Islands Department of Immigration did a grand job by setting up a temporary location at Mary Miller Hall in Red Bay to give the (Working under the Operation of the Law) WOL stamps to those holding TLEPs. Immigration officers…

Sex among demented sparks call for policies

Bloomberg News From The Herald An association of professionals who work at hundreds of elderly-care facilities in the United States is calling on the homes to reconsider their policies — or, in most cases, lack of policies — on geriatric…

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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…

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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…

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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…

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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…

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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…

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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…

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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…