Madonna in Malawi visits hospital she has supported
From Fredericksburg BLANTYRE, Malawi (AP) — Madonna in Malawi on Sunday visited the construction of a children’s wing at a hospital that her charity is funding in this southern African country’s largest city, Blantyre. The pop star has been in…
Melba Acosta resigns as GDB President
By Luis J. Valentín From Caribbean Business SAN JUAN — On Thursday, La Fortaleza announced the resignation of Government Development Bank (GDB) President & Chairwoman Melba Acosta, effective July 31. In her resignation letter dated July 6, she says it is…
Panama Paper law firm representative in Venezuela arrested
From Caribbean News Now CARACAS, Venezuela — Jannet Almeida, a local representative of the Panamanian law firm of Mossack Fonseca, which is at the center of the Panama Papers offshore scandal, has been arrested by Venezuelan authorities in Caracas. “The woman…
The Brexit hangover has left UK startups drained — Are the brains next?
By Mike Butcher From Techcrunch As the UK referendum result dropped in that fateful Friday morning, the tech startup world didn’t immediately grind to a halt. Websites kept loading. Apps kept opening. But what left UK technology entrepreneurs aghast was…
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FDA halts Juno’s gene-altering cancer trials after three deaths
By David Lumb From engadget Company stock plummeted 27 percent after the suspension. The Food and Drug Administration has temporarily halted a cancer-treating study after three patients died of swelling in the brain. Biopharmaceutical company Juno Therapeutics had been testing an…
IRS seeks court order to make Facebook turn over info related to asset transfer
By Kelly Phillips Erb From Forbes The U.S. Department of Justice filed a petition this week to force social networking company, Facebook Inc., to turn over information to the Internal Revenue Service (IRS) about the transfer of assets to Facebook’s Irish…
The liberating power of Brexit
By Isidoros Karderinis The referendum of June 23, 2016 regarding Britain’s remain at or exit from the European Union, through its subversive BREXIT result – the first major, painful defeat for the under German control European Union of the banks…
Second 2016 CTO regulation roundtable takes place in London
From Commonwealth Telecommunications Organisation (CTO) Now held as roundtables, the Regulating ICTs series organised by the Commonwealth Telecommunications Organisation (CTO) registered participants from Bangladesh, Cameroon, Cayman Islands, Ghana, Mauritius, Montserrat, Nigeria, Sierra Leone, South Africa, and the United Kingdom. LONDON, 08…
Hedge fund reinsurers’ business shows cracks, says S&P
From Intelligent Insurer Hedge fund reinsurers (HFRs) have “lost momentum because of competitive pressures within the reinsurance market and the challenging investment environment,” according to S&P analysts. Hedge funds have been increasingly joining forces with reinsurers by setting up off-shore reinsurance…
‘With all due respect’: Sir Philip runs the show
A sketch by Jamie Robertson Business reporter From BBC News Former BHS owner Sir Philip Green has given evidence to the Business and the Work and Pensions select committees, which are investigating the demise of the 164-store group. The BBC’s…
