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Cayman Islands’ Special Economic Zone launches 3 new targeted Geo websites

CEC is customizing online outreach to a diverse global audience by focusing on niche markets in Canada, India and Israel with latest web technology. Grand Cayman, Cayman Islands, August 11th, 2014: As part of its continuous international marketing outreach, Cayman…

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Wireless charger uses ultrasound to power your phone from across the room

By Mariella Moon From engadget We first came across uBeam’s unusual wireless charging technology three years ago, at the All Things D Science Fair, where the fledgling company was only just introducing its creation to the public. Today, the company’s…

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PTTEP axes four Cayman subsidiaries

From Bangkok Post Firm cites unviable operations as reason PTT Exploration and Production Plc (PTTEP), Thailand’s sole publicly listed explorer, has shut down four subsidiaries registered in the Cayman Islands after public comments that their establishment was intended to avoid…

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BofA agrees to pay $17-billion penalty over mortgage meltdown

By Scott Reckard From Los Angeles Times BofA reportedly near mortgage deal Bank of America reportedly agrees to a $17-billion settlement of government claims over the mortgage meltdown A Bank of America deal would be the largest arising from the…

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Cayman Islands: Overseas Territories Minister Mark Simmonds resigns

Mark Simmonds, Minister for the Overseas Territories at the Foreign and Commonwealth Office, who visited the Cayman Islands last November has announced his resignation Foreign Office Minister Mark Simmonds resigns From BBC Mark Simmonds: “There’s nothing suspicious about this resignation…

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CARPHA: Risk of Ebola in the Caribbean “low”, preparation needed

The Caribbean Public Health Agency (CARPHA) says the risk of the Ebola Virus Disease (EVD) being imported to the Caribbean is low. Executive Director of CARPHA, Dr. C. James Hospedales said “There have been no confirmed cases of Ebola in…

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Cayman Islands Customs announce change underway over controversial new coding system

Government officials on Thursday (7) previewed some imminent changes at the Customs Department aimed at speeding up the process of duty assessment. At a press conference at the Government Administration Building, Premier Alden McLaughlin and Finance Minister Marco Archer announced…

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10 of the most unusual and creative watches

From Daily Designer In this technological world where people are more attracted and interested towards smartphones, and tablets, importance of watches seems less. But when it comes to the genuine attraction for the bold impression, watches are still heroes. Your…

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GM recalls 269,001 Saturns, Chevrolets, Cadillacs, Buicks, and Pontiacs

By Laura Northrup From Consumerist Well, it’s the end of business on a Friday afternoon, so that means it must be time for another General Motors recall! As part of their apparent effort to recall every GM vehicle on the…

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Canada launches mission to map Arctic seabed

From BBC The Arctic is believed to hold vast untapped reserves of oil and gas Canada has launched a mission to map the Arctic seabed to support its bid to extend its territory up to the North Pole. The six-week…