Li Ka-shing restructures empire, shifts HQ from Hong Kong to Cayman Islands
By Glen Korstrom From Business Vancouver Hong Kong’s wealthiest man remains best known in Vancouver for buying the former Expo ’86 site Li Ka Shing was one of the founders of Vancouver’s Concord Pacific | Wikipedia Hong Kong billionaire Li…
Norman Manley as premier
By Michael Burke From Jamaica Observer Fifty-five years ago, on August 14 1959, Norman Washington Manley was formally sworn in as the premier of Jamaica, the first of two persons ever to hold this post — Sir Alexander Bustamante being…
DNA commentary: VAT Implementation – A Titanic Failure
By Branville McCartney, DNA Leader From Bahama Islands info The first week of Value Added Tax (VAT) implementation has been a proverbial nightmare for both businesses and consumers around the country. As expected, this Christie administration has again failed at…
Intelsat serves Latin America from its Gables office
By Joseph A. Mann Jr.Special To The Miami Herald Intelsat, the world’s largest provider of commercial satellite services, has an important regional office in Coral Gables. Operating 50-plus communications satellites that cover more than 99 percent of the world’s populated…
Deaths tied to defective ignition switch now double GM’s earliest reports
By Ashlee Kieler From Consumerist Just two months after the General Motors victim compensation plan began accepting death claims related to the decades-long ignition switch defect the toll has doubled what the car manufacturers initially acknowledged publicly. Reuters reports the…
The grocery shrink ray: quietly stealing our food for decades
By Laura Northrup From Consumerist The Grocery Shrink Ray is what we call it when the manufacturers of food and consumer goods make their products smaller––sometimes almost imperceptibly smaller––rather than raise prices. You know what it looks like: it’s why…
Destination of the week
5 Perfect destinations in Cuba where cruise ships could go From Cruise Hive Yes that’s right we mentioned CUBA! Recently US President Barack Obama announced that the United States is to restore diplomatic relations with Cuba. This also included a…
This VC is helping space exploration become a ‘multi-billion’ industry
By Julie Bort From Business Insider Spend a few minutes talking to space tech venture capitalists Ilya Golubovich and Mike Lousteau of I2BF Global Ventures, and you’ll feel psyched about the future of humanity. Known as green tech investors, Golubovich,…
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iNews Briefs
Jamaica media condemn attack on French satirical magazine, Charlie Hebdo From Caribbean360 CMC – The Press Association of Jamaica (PAJ) Wednesday condemned the attack on the building housing the Paris-based satirical magazine Charlie Hebdo that left at least 12 people,…
Rules of Engagement – Cayman on the Front Foot
By Robert Searle, Partner and Norman Chan, Senior Associate, Campbells, Cayman Islands Adapting to new regulation successfully is a critical element for survival in international finance. The Cayman Islands have adopted a high-engagement approach when it comes to international initiatives,…
