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Former Tesco boss Leahy plans to double stores of bargain chain B&M in latest discount blow to Big Four supermarkets

By City & Finance Reporter for The Daily Mail and Camilla Canocchi for THISISMONEY.CO.UK B&M aims to double number of UK shops from the current 400 to 850 It expects to create 2,500 jobs and add a total of 50…

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Company short term price targets: Qunar Cayman Islands Limited, Western Alliance Bancorporation

From Daniel Richards FICO Qunar Cayman Islands Limited (NASDAQ:QUNR): 4 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $32.75 in J7Qunar Cayman Islands Limited (NASDAQ:QUNR). However, the stock price could fluctuate by…

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Caribbean Utilities Company, Ltd. announces the closing of US$50M private placement of senior unsecured notes

Grand Cayman, Cayman Islands, Nov. 25, 2014 (Canada NewsWire via COMTEX) — CARIBBEAN UTILITIES COMPANY, LTD. CLASS A ORDINARY SHARES ARE LISTED FOR TRADING IN UNITED STATES FUNDS ON THE TORONTO STOCK EXCHANGE. Caribbean Utilities Company, Ltd. (CUP.U) (“CUC” or…

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Respironics machine purchased for Cayman Islands Hospital in Mark’s memo

On 25 March 2013 Mark Whorms lost his battle with cystic fibrosis. He left behind a very strong, supportive group of family and friends who loved him very much and wanted more than anything to memorialize his life by helping…

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Cayman Airways adds extra cargo flights for December Cayman Airways Cargo has added additional cargo flights from Miami, Florida to Grand Cayman in December to assist local businesses with the extra cargo shipments they usually require during the busy holiday…

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HSBC Swiss private banking arm faces tax investigation

By Kim Willsher in Paris From The Guardian French magistrates examining whether the bank helped wealthy clients avoid a new tax, the European Union Savings Directive French judges have put the Swiss branch of HSBC under official investigation over allegations…

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Transparency of company beneficial ownership

Edward Craft and Marlies Braun, partner and senior associate at Wedlake Bell, looks at what a beneficial owner is and how new regulation brings it into the business spotlight. A register of company owners means hiding in the shadows will…

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Russia cracks down on offshore havens

By Svetlana Sukhova From Real Clear World MOSCOW – There is nothing new about offshore tax shelters. In ancient Athens, after the government decided to levy a 2% tax on all trade operations, merchants started avoiding the city, conducting business…

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Cayman Islands chemo unit receives $100K from Movember

The Movember Committee has donated US$100,000 towards the new Chemotherapy Unit at the Cayman Islands George Town Hospital. The donation is the biggest, single gift so far towards the new ‘state-of-the-art’ Chemotherapy Unit, being provided by the Cayman Islands Cancer…

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Town planning principles from centuries long past – Camana Bay, Cayman Islands

By Natalie Dolce From Globe St. CAYMAN ISLANDS—Members of the Dart family first visited Grand Cayman in the late 1980s, initially drawn to the island’s marine environment and natural assets. They also found it to have a sophisticated infrastructure due…