A.M. Best affirms ratings of Eastern Re Ltd. SPC
OLDWICK, N.J., Jul 15, 2013 (BUSINESS WIRE) — A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of Eastern Re Ltd. SPC (Eastern Re) (Grand Cayman, Cayman Islands). The outlook for…
Former employee of BCSL denies stealing nearly $440,000
Patricia Glasgow, a former employee of Bodden Corporate Services Ltd (BCSL), pleaded not guilty last Friday (12) of stealing US$439,300 that reportedly belonged to Rochester Ltd a client of BCSL. Glasgow was charged with theft, obtaining money transfer by deception…
New president and GM for WuXi PharmaTech (Cayman) Inc. (ADR)
WuXi PharmaTech (Cayman) Inc. (ADR) : WuXiPRA Names James Pusey President and General Manager SHANGHAI and RALEIGH, N.C., July 16, 2013 /PRNewswire/ — WuXiPRA, a contract research organization (CRO) that offers Phase I-IV clinical trial services in China, Hong Kong,…
Jamaica adopts smoking ban in public places
From NECN KINGSTON, Jamaica (AP) — People caught lighting up in bars, restaurants and other enclosed public spaces now face hefty penalties in Jamaica. The new law also prohibits smoking in outdoor public spots such as bus stops and open-air…
Caribbean launches CCORAL, a new climate change initiative
By Peter Richards From Caribbean 360 CASTRIES, St Lucia, Friday July 12, 2013 – The Caribbean Climate Online Risk and Adaptation Tool (CCORAL) was launched here Friday with regional countries hoping it will become another initiative that will result in…
Cayman Islands signs MOUs with 25 ESMA members
From hedgeweek The Cayman Islands has now signed memoranda of understanding (MOUs) with 25 European countries, which will enable the continued marketing of Cayman Islands hedge funds throughout the European Union. Cindy Scotland, managing director of the Cayman Islands Monetary…
Tax treaties override Vodafone amendments
By H P Agrawal From Business Standard AP High Court, in the case of Sanofi Pasteur Holding SA, said amendments made in the I-T Act do not nullify India’s tax treaties The story of Vodafone’s case in Supreme Court is…
£1 billion credit card spree by civil servants: How Whitehall mandarins spent your money on gourmet meals and fine wines
By Daniel Martin Daily Mail UK The bill for 2012-2013 was four times that of 2002 It was no lower than in Labour’s last year in power even though the number of civil servants has fallen The money spent on…
8 weirdest pieces of vintage Royal Baby merchandise
Mashable The Royal Baby hubbub has swag-pushers on overdrive. Expect London store shelves filled with decorative plates, golden thimbles and commemorative scrunchies when Baby Cambridge arrives. Before Royal Baby enthusiasts stuff their pockets with celebratory goodies, however, they can prepare…
Dep Gov and CO Minutes 10th June show need to relocate staff
In the minutes dated 10th June 2013 (only just received –July 15) from the Deputy Governor and Chief Officers’ Meeting it said there was a “need to relocate staff as a result of the formation of new Ministries and Portfolios.”…
