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Cayman is #1

Cayman Islands rated # 1 overall Caribbean/Atlantic destination by Scuba Diving readers Islands enjoy strong showing in 2014 Top 100 Gold List of the Reader’s Choice Awards; Cayman’s history of conservation and its dive industry play major role in diversity…

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Aetna Buys Reinsurance Coverage

By Zacks Equity From ZACKS U.S. health insurer Aetna Inc. (AET – Analyst Report) has announced a five-year reinsurance agreement with Vitality Re V Limited, a newly-formed special purpose insurance company based in the Cayman Islands. The agreement is part…

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O2Micro Reports Fourth Quarter and Fiscal 2013 Financial Results

GEORGE TOWN, Grand Cayman, Jan 29, 2014 (GLOBE NEWSWIRE via COMTEX) — O2Micro International Limited OIIM +0.33%  , a global leader in the design, development and marketing of high-performance integrated circuits and solutions, reported its financial results today for the…

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Ninetowns enters into merger agreement

Ninetowns Internet Technology Group Company Limited Enters into Merger Agreement for Going Private Transaction BEIJING, Jan. 29, 2014 /PRNewswire/ — Ninetowns Internet Technology Group Company Limited (NASDAQ: NINE) (“Ninetowns” or the “Company”), one of China’s leading providers of online solutions…

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Minister Bodden gets Councillor

New Ministers sworn is as Justices of the Peace GRAND CAYMAN, Cayman Islands – Councillor Alva Suckoo has been appointed to Minister Hon. Osbourne Bodden to help in the areas of Sports, Youth and Culture in the Ministry of Health,…

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Southwest adds international flavor with Caribbean flights

By McClatchy News Service From MailTribune DALLAS, Texas — To the sound of steel drums playing Caribbean music, Southwest Airlines announced Aruba, Jamaica and the Bahamas as its first-ever international destinations. The flights, to depart from Atlanta, Baltimore and Orlando,…

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Integrity violations found in Caribbean Netherlands

From The Daily Herald THE HAGUE–Violations of integrity have been found on all three islands of the Caribbean Netherlands, not only in Bonaire, where two (former) politicians have been prosecuted. This according to a recent report on security and crime…

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2013: Stock markets at highs but can they do it again next year?

By Jamie Robertson Presenter, BBC World News Many share indexes around the world are at record highs. Will this continue next year? Well, it all seems fine and dandy when you look at the numbers: the Dow Jones Industrial Average…

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Fitch Upgrades PEMEX Finance Ltd.’s Ratings to ‘A+’

Fitch Ratings has upgraded the following ratings for notes issued by Pemex Finance Ltd. , a Cayman Islands special purpose company wholly owned by Petroleos Mexicanos S.A. de C.V. (PEMEX): — Series 1998 9.15 percent notes due 2018 to ‘A+’…

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Chinese banknotes stamped with QR codes breach great firewall

By Alex Magdaleno From Mashable Centuries of invaders couldn’t break the Great Wall of China, but a Chinese yuan can. Well, the “Great Firewall,” at least. A series of one yuan banknotes became a whole lot more valuable after being…