Caribbean Cement posts record profit on cheaper energy, debt windfall
From The Jamaica Gleaner Caribbean Cement Company Limited (CCCL) posted its highest profit on record. The $870 million in net income earned during the six months to June 2015 beat its highest annual earnings previously achieved in 2004, when it…
Sole immigrant on U.S. currency might become history
By Vinette K. Pryce From Caribbean Life Whoever said ‘silence is golden’ was not referring to talk about changing the face of a particular U.S. paper money. Nor should the popular mantra apply to Nevisians and Kittitians who should demand…
BitGold announces acquisition of GoldMoney
By GoldMoney Newsdesk We would like to advise you that on Friday 22 May BitGold Inc., a publicly traded Canadian company, entered into an acquisition agreement to purchase the operations and intellectual property of GoldMoney Network Limited and its subsidiaries…
Lumber Liquidators mired in shareholder lawsuits
By Amanda Bronstad, From The National Law Journal Lumber Liquidators Holdings Inc., whose stock has plummeted since a “60 Minutes” exposé revealed that its hardwood laminate flooring products contained illegal levels of formaldehyde, is fending off a raft of shareholder…
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Law firm supports Cayman Islands marine institute
Stuart Walkers Hersant Humphries supports CCMI’s long term monitoring programme and CREWS2 maintenance LITTLE CAYMAN July 21, 2015- Law firm Stuarts Walkers Hersant Humphries has recently announced its $15,000 commitment to supporting the Central Caribbean Marine Institute’s long-term monitoring programme…
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iNews Briefs, More & Community Events
Community Events Lutheran pastor to speak at Men’s Breakfast Meeting The Grand Cayman chapter of the Full Gospel Businessmen’s Fellowship International holds its monthly breakfast meeting this Sat. July 25th at the Upper Crust restaurant, Caymana Bay. The guest speaker…
New time limits for Cayman Islands D&O notifications
From Solomon Harris A Cayman Islands Bill proposes extending the time limit to register changes in directors and officers with the Registrar of Companies by thirty days. It also proposes changes to the penalties payable for any default, including limits…
Trickle down economics does not work
By Bernard Moffatt From IOM Today About 30 years ago the Isle of Man Government rolled out its ‘master plan’ for the future. We were told by Miles Walker MHK (then Chief Minister) that the island was to become a…
UK High Court rules data collection unlawful—for now
By Zach Warren, From Legaltech News The judges suspended the law’s disapplication until March 2016 to let government ‘legislate properly,’ and another bill could soon be on its way. The United Kingdom’s expansive surveillance laws are taking a back seat—for…
Technology in action at Labelexpo Europe 2015
Whether you’re choosing machinery or materials, it is vital you feel confident about your decisions. The best way to do this is to see all the options together in one place. Come to Labelexpo Europe 2015 and hear the noise…
