Greenlight Increases Apple Investment
IVC POST | Marc Castro Greenlight Capital, David Einhorn’s investment firm, has increased its investment position in Apple Inc. He is quoted to having said that he is waiting for the company’s ‘next blockbuster product’. In a conference call for…
Investor demand spurs catastrophe bond sales: analysis
Bill Kenealy Business Insurance Strong investor demand will spur creation of catastrophe bonds and special-purpose vehicles throughout this year, SNL Financial L.C. said in a report. Charlottesville, Va.-based SNL said nine new entities registered in Bermuda and the Cayman Islands…
Letter to the Editor from Carol-Ann Rudy
Dear Mr. Wilson, I just read your insightful article on the poems written by a Caymanian (Westin, I believe) and his daughter’s poetry as well. It was refreshing to read that you altered your opinion about free verse and started…
Kryso Resources plans switch to Hong Kong
By Philip Whiterow, proactiveinvestors UK Gold miner Kryso Resources (LON:KYS) is to set up a new holding company based in the Cayman Islands ahead of a possible switch of listing to Hong Kong from AIM. Existing Kryso shares will be…
Help prevent burglaries by taking simple security steps say police
Residents, holidaymakers and resort staff are reminded to keep their condos and hotel rooms secure after an attempted break-in at a Seven Mile Beach condo complex. Acting Chief Inspector Ian Yearwood, of George Town police station, states that simple security…
Critical equipment to bolster maritime security
From Bahama Islands info USNORTHCOM presents The Bahamas Government with over $900,000 in critical equipment to bolster maritime security General Charles Jacoby Jr., Commander, NORAD –USNORTHCOM, U.S. Chargé d’Affaires a.i. John Lowell Armstrong, Minister of National Security, The Hon. Bernard…
Scotia Bank employee arrested upon return
The Royal Cayman islands Police Service (RCIPS) have confirmed the woman who was wanted by them for questioning in their investigation into the alleged misappropriation of mortgage commitment fees from the Scotia Bank and Trust Cayman Limited has been arrested….
National Gallery of the Cayman Islands (NGCI) Community Calendar May 3rd – May 20th
NGCI Grand Cayman Thursday 9th May Abstract Painting Location: The National Gallery Education Centre Day: Every Thursday Morning Time: 10:00am – 12:00pm Full term: $170 ($153 members) Single drop-in session (no beginners): $30 ($27 members) National Gallery – 945-8111- [email protected] Thursday…
Offshore Tax Havens for beginners: Pick an inoffensive name
Simon Montlake, Forbes The patrons of offshore tax havens may not think too hard about naming their discreet entities. Most are content to let the lawyers or bankers pick a name. That’s how you end up with plain-vanilla names like…
Sachs’ letter to FT and Cayman Finance reply
Letter to Financial Times from Jeffrey D. Sachs, Director, The Earth Institute, Columbia University, New York, NY, US, says Cayman is “playing with fire” May 7 2013 Sir, I wonder whether the Cayman Islands leadership knows that it is playing…
