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Apple apologizes to Chinese consumers, revises local warranty policy for iPhone 4 and 4S Mobile

By Richard Lai engadget Apple revises warranty policies in China amid pressure from consumers Over the last couple of weeks, Chinese consumers and media had been up in arms over Apple’s lesser warranty coverage — specifically over refurbished replacement devices…

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Cayman team to demonstrate culinary Caribbean delicacies on Signature cruise

Oceania Cruises Introduces New “Signature Sailings” in 2013 April 10, 2013 By: Newswire Oceania Cruises’ line-up of “Signature Sailings” for 2013 featuring Master Chef Jacques Pépin, Wendy Perrin from Condé Nast Traveler, jazz artists, wine and culinary experts and more….

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Coutts bolsters Middle East office

Sophie Baker, Financial News UK private bank Coutts has made five hires – including three from Deutsche Bank – to its team serving clients in the Middle East, where it recently obtained enhanced authorised status. Michael Dismorr has joined as…

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DMS Responds to allegations of roundabout road safety

Caymanian business conglomerate DMS would like to respond to allegations, speculation and public discussion on the topic of the DMS Roundabout.  The DMS Roundabout was conceived as a gift to our community, an important collaboration between the public and the…

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Cost of Cyprus bailout ‘rises to 23bn euros’

The cost of the bailout for Cyprus has increased to 23bn euros ($30bn; £19.5bn), according to a draft document prepared by the country’s creditors. The original cost of the bailout was put at 17.5bn euros. But the new total, disclosed…

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HBO announces its May movie lineup in the Caribbean

Marvel’s The Avengers (Walt Disney Studios) – When an unexpected enemy emerges that threatens global safety, Nick Fury (Samuel L. Jackson), Director of the international peacekeeping agency known as S.H.I.E.L.D., finds himself in need of a team to pull the…

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European Countries Move to Toughen Stance on Tax Evasion

By STEVEN ERLANGER and DAVID JOLLY, New York Times PARIS — Buffeted by a political scandal, a stagnant economy and angry public reaction to a report about secret offshore bank accounts, President François Hollande of France announced the creation of…

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Economic Policy Failures: We should listen to David Stockman more carefully

by Adam Lent It’s not easy to agree with everything David Stockman says in his lengthy New York Times essay that has kicked off a big row in the US.  The sweeping criticisms levelled by this former Republican Congressman and…

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Carne Group appoints Jean de Courrèges as director

By: Jonathan Boyd, Investment Europe Jean de Courrèges has been appointed director in the international team of Carne Group, and will be able to sit on boards of both Luxembourg and Cayman Islands funds as an independent director. De Courrèges…

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China’s Tingyi Q4 profit tumbles amid anti-Japan sentiment

CNBC HONG KONG, China’s Tingyi (Cayman Islands) Holding Corp , a maker of drinks and instant noodles, said fourth-quarter profit slid 75 percent as consumers shied away from its Japanese-style packaging and marketing amid a territorial row between the two…