Cayman Islands: CCUK hosts Third Annual Reception
Nearly 70 guests consisting of students, government officials and private sector members recently met for an evening of networking, opportunities and refreshment. On Thursday, 18 July 2016, Cayman Connection UK (CCUK) held its third annual reception at St. Ignatius, Loyola…
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Oxitec CEO: This is the worst-case scenario for unleashing genetically modified mosquitoes into the wild
By Lydia Ramsey From Business Insider Public-health officials are doing everything in their power (and budget) to prevent infectious diseases like Zika, yellow fever, and dengue from spreading. But the bugs that transmit those diseases, specifically the Aedes Aegypti mosquito,…
A handful of hedge funds just made a play that screams ‘out of ideas’
By Linette Lopez From Business Insider A bunch of hedge funds just sent a subtle message to the market: “Guys, we’re out of ideas.” On Tuesday, the activist hedge fund ValueAct Capital announced that it had taken a $1.1 billion stake…
Founders Daily gives revenue update on Cayman Islands’ water company
By Elaine Green From Founders Daily Revenue Update on Consolidated Water Co. Ltd.(NASDAQ:CWCO) Consolidated Water Co. Ltd.(NASDAQ:CWCO) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 9, 2016. Company reported revenue…
Kiwis sue over Van Eyk ‘conspiracy’ [in Cayman Islands]
By BEN BUTLER From The Australian New Zealand businessmen George Kerr and Russell Naylor have launched legal action in the Cayman Islands accusing fund managers and two New Zealand government bodies of an unlawful conspiracy to remove them from running…
Rio Olympics 2016: Three more Irish officials investigated in ticket-scalping probe
By OSSIAN SHINE From Stuff Brazilian police raided Irish Olympic officials on the last day of the Rio Games on Sunday (Monday NZ Time), seizing passports, computers, mobile phones and unused tickets in a rapidly expanding investigation into allegations of an…
Theater Producer accused of scamming investors out of $165K for fake Broadway play
By Mary Beth Quirk From Consumerist It sounds like something out of a Broadway musical: a producer approaches investors, hyping a fantastic, inspirational show about a famous opera singer, starring a famous actress. Only this was real life, with a…
Another corporate hero: Exxon Mobil fights back for free speech
By Jaana Woiceshyn From How to be Profitable & Moral Many oil companies succumb to the pressure from environmental activists and the media and join the fight against ‘climate change,’ or at least make motions to appear to do so….
Destinations of the week
Totally Underrated Honeymoon Destinations By Doug Murray from Slice One of the key ingredients for an unforgettable honeymoon is the right destination: one that has beauty, fun and romance by the bucketful. What it shouldn’t have is crowds of other…
New stock exchange fights unfair online trading
By Jon Fingas From engadget IEX slows down every transaction to prevent shady internet traders from getting the upper hand. Some (such as The Big Short author Michael Lewis) see high-frequency, algorithm-based stock trading as a serious threat to the…
