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Adobe’s record revenue proves successful business transformation is possible

By Ron Miller from Techcrunch As we watch organizations like IBM, HP and EMC struggle to transform, Adobe is an interesting contrasting case. It went from selling boxed software to a cloud subscription model in shorter order, and judging from…

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Four things that offshore funds should not do

From Offshore Bankers There are two things that offshore fund managers and their advisors should remember about income that is effectively connected with a United States trade or business (ECI): It is easy to have ECI; and, It is bad…

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Olwomen story of the week

7 Worth-Remembering Movies like the Last Song – That Is How I Feel you, Go On ! By Jenny Smith From Olwomen In the list of movies to watch, movies like the last song is one such suggestion you can…

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Cayman Islands government outlines concession agreements with Ironwood Village development

Ironwood and CIG development and concession agreement By Premier Hon. Alden McLaughlin, MBE, JP, MLA 17, December, 2015 Ladies and Gentlemen, good morning and thank you for coming to this press briefing. I am pleased to announce that Cabinet yesterday…

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Will SEC, FBI and DOJ prosecute any hedge fund and private equity looting of Rhode Island pension?

By Edward Siedle From Forbes The FBI, SEC and DOJ should further investigate and prosecute any potential hedge fund and private equity looting of Rhode Island pension. Why has 40 percent of the assets of the tax-exempt Rhode Island state…

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Fifa scandal: Large cash sums frozen by Switzerland

From BBC Millions of Swiss francs in bank accounts belonging to world soccer’s governing body Fifa have been frozen, the Swiss justice ministry has said. US officials believe “corruption money” may have been transited through the frozen accounts, the ministry…

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Bahamas becoming sports host paradise

By Fred Sturrup, Sports Scope – From Grand Bahamas The Freeport News No other country in the Caribbean region is at the level of The Bahamas when it comes to hosting mega sports events. Once in bygone decades, Jamaica was…

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Disney, with enough lawyers to fill a Death Star, prepares for piracy

By Julie Triedman, From The Am Law Daily The Walt Disney Co. is working overtime to ensure that digital pirates and counterfeiters don’t steal its profits ahead of the Dec. 18 release of “Star Wars: The Force Awakens,” the seventh…

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Swiss banks fined for helping U.S. citizens evade taxes

From CBC Crédit Agricole, Dreyfus Sons, Baumann avoid criminal charges after hiding assets from IRS Three Swiss banks, including a unit of France’s Crédit Agricole SA, will pay a total of more than $130 million US to the U.S. Justice…

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Two UWI students at Cave Hill campus to receive scholarships from outgoing CIBC CEO

By CIBC December 17, 2015 Two students of the University of the West Indies, Cave Hill campus will receive special farewell gifts from outgoing Chief Executive Officer of CIBC FirstCaribbean International Bank, Rik Parkhill. The two students pursing studies at…