Legal Setback For Herbalife Ltd.
By Steve Raasch From GDP Insider In what is being described as a big set back to the Cayman Island based personal products manufacturing company Herbalife Ltd. (NYSE:HLF) a U.S. District court has turned down Herbalife Ltd petition to dismiss…
The Editor Speaks: The Mac attack with conciliatory tact
by Colin Wilson You have to hand it down to Cayman’s controversial but most experienced politician. He turned the Budget debate to his advantage by saying he was not surprised at there being a $100M surplus in government’s kitty at…
Aetna takes out reinsurance deal in the Cayman Islands
From The Medical Quack, ducknetweb $150 Million to kick when medical loss ratio hits 104% The amount of the threshold will be reset on an annual basis in 2012 and 2013 to maintain profitability. This is not a huge reinsurance…
CIMA to host regional training for banking regulators
The Cayman Islands Monetary Authority (CIMA) is joining with the Association of Supervisors of Banks of the Americas (ASBA) and the Caribbean Group of Bank Supervisors (CGBS) to host a five-day Banking Analysis and Examination School for banking supervisors in…
Krys and MacInnis to control AAA Venture Fund
PUBLIC NOTICE from CIMA Re: AAA Venture Fund SPC Limited – In Controllership The public is advised that effective 13 May 2013 the Cayman Islands Monetary Authority appointed Mr. Kenneth Krys and Ms. Margot MacInnis, (“the Controllers”) of the firm…
Volatile movements – WuXi PharmaTech (Cayman) Inc. and others
Volatile Movements- Smith & Wesson Holding Corp(NASDAQ:SWHC), WuXi PharmaTech (Cayman) Inc. (ADR)(NYSE:WX), Tellabs, Inc.(NASDAQ:TLAB), Ironwood Pharmaceuticals, Inc.(NASDAQ:IRWD) Las Vegas, NV — (SBWIRE) — 10/11/2013 — PennyStockParlay.com Our process for picking penny stocks is not only unconventional, but untapped, undiscovered, and…
Mourant Ozannes top rankings in latest IFLR directory
By James Qualtrough From Jersey Isle News Leading offshore law firm Mourant Ozannes has maintained its position with top tier rankings in both categories of ‘Financial and Corporate’ and ‘Investment Funds’ in Guernsey and Jersey in the latest publication of…
Residents get to grips with FATCA
Cayman Islands’ residents with ties to the United States heard last week how the Foreign Account Tax Compliance Act, known as FATCA, may impact their lives in the coming months when they attended a special seminar on the subject, produced…
Latin America and the Caribbean: Growth still in low gear
International Monetary Fund Survey Region expected to grow by 2¾ percent in 2013 and 3 percent in 2014 Weaker growth in emerging markets, rise in U.S. interest rates are biggest concerns Key challenge is to preserve macroeconomic and financial stability…
iNews Briefs
Cayman’s Hard Rock Café closes its doors George Town’s Hard Rock Café that opened its doors on the waterfront in 2000 has now closed its doors thirteen years later with around 20 jobs lost. At first the closure was thought…
