Massive ad industry merger collapses
By Aaron Taube From Business Insider The $35 billion merger between Omnicom and Publicis Groupe SA has been called off, the Wall Street Journal reports, citing sources. The merger, first announced this past July, would have created the world’s largest…
Sure to acquire Jersey Data Centre and Cloud Services provider Foreshore
Sure, the Channel Islands communications provider is pleased to announce that Sure (Jersey) Limited is set to acquire 100% of the shareholding in Foreshore, the pioneering data centre and cloud services provider. The acquisition is taking place for an undisclosed…
The CARTAC steering committee
The CARTAC steering committee welcomes the center’s contribution to institutional reforms in the Caribbean The Steering Committee of the International Monetary Fund’s (IMF’s) Caribbean Regional Technical Assistance Center (CARTAC) welcomed the progress made by the Center over the period November…
Disability Policy drafted for consultation
From: Hon. Alden McLaughlin, MBE, JP Premier of the Cayman Islands “My administration is committed to championing this Policy and the forthcoming associated legislation.” The Cayman Islands Disability Policy aims to advance the rights and obligations of Persons with Disabilities…
ICCI Students launch literacy campaign
(GRAND CAYMAN, CAYMAN ISLANDS) – Students at the International College of the Cayman Islands are doing their part to help children develop a love for reading. This academic quarter students collected $600.00 as part of a service project designed to…
Sunset Brands, Inc. DBA Sunset Capital Assets
Sunset Brands, Inc. DBA Sunset Capital Assets (OTC: SSBN), announces Sunset Capital Assurance, segregated portfolio company JACKSONVILLE, FL–(Marketwired – May 8, 2014) – Sunset Capital Assets, Inc. (OTC: SSBN), a Nevada corporation, traded on the Over the Counter (OTC) markets…
Bankers’ bonuses: Shareholders wary of making allowances
By Jamie Robertson, Presenter, BBC World News Bonuses are down but pay is accelerating for bankers in the fast lane Bankers’ bonuses are not what they were. Don’t get me wrong. They haven’t shrunk in any way. Far from it….
iNews Briefs
Cayman Airways experiences long delays over last 2 weeks The National Carrier of the Cayman Islands, Cayman Airways, has been very tight lipped over a plague of delays over the last two weeks. According to data collected on FlightAware, an…
Charities Bill, 2014 submitted for public consultation
The Portfolio of Legal Affairs submits for public consultation the Charities Bill, 2014. The issue of the regulation of charities has been longstanding and there remains an urgent need to ensure that a proper legislative framework is in place which…
Failure to Launch: Cayman Court has “Scant Sympathy” for Plaintiff who did not serve writ in time
From Appleby Weavering Macro Fixed Income Fund Limited (In Official Liquidation) (the “Plaintiff”) was a Cayman investment fund which made headlines in 2009 when it emerged that the counterparty for its biggest trading position was controlled by the fund’s manager….
