Kuwait Projects Co. (Cayman) 3rd Quarter Results
By Bloomberg TIDM77ZB RNS Number : 1868E Kuwait Projects Co. (Cayman) 02 November 2015 Immediate Release KIPCO announces 17% increase in net profit for first nine months of 2015 ‘Results reflect strong performance of KIPCO’s core companies’ says company’s CEO Banking…
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Caribbean Internet TV platform launched
By Paula Lindo From T&T Guardian The Caribbean equivalent to Netflix is here! Newly launched Over-the-Top (OTT) Platform, MAS2TV, delivers unique Caribbean content to consumers on demand, with the tagline “Love Your Culture.” MAS2TV stands for Multiculturalism, Art, Society, and…
Boeing building mobile broadcasting satellite for Chinese market
By Peter B. de Selding From SpaceNews PARIS — Boeing Space and Intelligence Systems has begun construction of an L-band mobile broadcasting satellite for the Chinese market under a contract with a New York-based company acting on behalf of a…
Hunt for billions invested by 1MDB points to Australia
By Daniel Stacey in Sydney, Bradley Hope in New York and Tom Wright in Hong Kong From Wall Street Journal The six-year global hunt for billions of dollars invested by a Malaysian development fund has run through Saudi Arabia and the Cayman…
Gadget of the week
Researchers are helping robots avoid expensive face plants By Steve Dent From engadget Why are robot tumbles comedy gold? Unlike humans, they make no effort to protect themselves, resulting in flailing, extra hard falls (bottom). But the high-g impacts are…
7-Eleven in Australia ridiculed for inconsiderate Facebook meme
By Jacob Gillard From Mashable Australia’s 7-Eleven isn’t in a good place right now. The convenience store and petrol station chain posted a meme to their Facebook page in an attempt to connect with the young’uns and it really blew…
Herbalife posts 3Q profit
From nzherald.co.nz GEORGE TOWN, Cayman Islands (AP) ” Herbalife Ltd. (HLF) on Tuesday reported third-quarter profit of $93.6 million. The George Town, Cayman Islands-based company said it had net income of $1.09 per share. Earnings, adjusted for non-recurring costs and…
UK watchdog bans former Weavering hedge fund boss Magnus Peterson after fraud
From Reuters Oct 26 Britain’s Financial Conduct Authority on Monday banned the former head of Weavering hedge fund Magnus Michael Peterson from working in the financial services industry. Peterson was jailed for 13 years in January for fraud offences which…
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SHOCKING: lack of funds means closure of Cayman Islands programme to stop youth crime
Honourable Premier and Minister of Home Affairs, Honourable Minister of Education, Minister of Community Affairs, Deputy Governor, Chief Officers, Youth ACT Board Members Dear All, On behalf of Youth ACT, I extend a reminder invitation to the YCPD, for Year…
UPDATE: Caribbean Employers’ and Workers’ Organizations to meet in Grenada (3-5 November 2015)
ILO Media Advisory: Caribbean Employers’ and Workers’ Organizations to meet in Grenada Port of Spain – 30 Oct 2015 – A Regional Bipartite Meeting organized by the ILO together with the Caribbean Employers’ Confederation (CEC) and the Caribbean Congress of…
