The iPhone 6 may deliver a devastating blow to iPad sales
By Tero Kuittinen From BGR We’ve known for a while that tablet market growth has not been what people expected. Apple’s double digit sales decline of iPad units in the March quarter was one ill omen. Nevertheless, the new Morgan…
Cayman Economic Survey deadline reminder is Fri May 16
From ESO The Economics and Statistics Office (ESO) urges local businesses to fill out and return questionnaires for the System of National Accounts (SNA) and Balance of Payments (BOP) surveys before the 16 May 2014 deadline. The goal of the…
Cayman Islands – Draft FATCA guidance notes released for comments
The Cayman Islands on 12 May 2014 released a first draft of FATCA guidance notes concerning the compliance requirements of the intergovernmental agreement (IGA) between the Cayman Islands and the United States and between the Cayman Islands and the United…
British court battle begins for Bob Marley music rights
From Caribbean360 LONDON, England, Tuesday May 13, 2014, CMC – The trial over the ownership of a number of songs by the late Jamaican Reggae icon, Bob Marley, began on Tuesday in the Chancery Division of the High Court. The…
Greenlight Re ‘walks away’ from some underpriced retro accounts
From ARTEMIS Greenlight Re, the Cayman Islands domiciled, hedge fund manager David Einhorn and Greenlight Capital, Inc. backed reinsurance firm, has pulled back from some of its catastrophe retrocession business this year citing low pricing and competition. Greenlight Re has…
Funds Support Deputy Governor’s Challenge
Deputy Governor (DG) Franz Manderson last week accepted contributions in support of the upcoming DG’s 5K Challenge, from corporate sponsors Dart Cayman Islands and Cayman Islands National Insurance Company (CINICO). The funds were presented by Dart representative Derek Haines and…
Oxbridge Re Holdings Limited Reports First Quarter 2014 Results
GRAND CAYMAN, Cayman Islands, May 13, 2014 (BUSINESS WIRE) — Oxbridge Re Holdings Limited (NASDAQ: OXBR ), a provider of reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States, has reported financial results…
Cayman Court of Appeal clarifies the scope of the international cooperation provisions of the Companies Law
From Mourant Ozannes The Court of Appeal (Chadwick, Mottley and Campbell JJA) delivered its judgment in the case of Picard (Trustee for the liquidation of Bernard L Madoff Investment Securities LLC) v Primeo Fund (in official liquidation) on 16 April…
Charges over Cayman Islands tax haven dropped
By Ben Butler Business reporter From The Sydney Morning Herald Tax avoidance and money laundering charges against former CVC Limited chairman Vanda Gould, former Sunland chairman John Leaver and Swiss resident Peter Borgas have been dropped. The trio were arrested…
The Bahamas tops region on royalty payments [Cayman mentioned but see NOTE]
By Neil Hartnell, From Tribune 242 The Obama administration has praised the Bahamas for being the only Caribbean nation to make royalties payments to TV programming rights holders in 2013, boosting this nation’s reputation as a “responsible trading” partner. Ryan…
