Bradley Wiggins’ ‘abusive’ Cayman Islands tax dodge
Seven-time Olympic medallist has joined a partnership that will save him thousands in income tax By Alex Hawkes and Nick Craven Daily Mail Wiggins signs up with Coronation Street star Bill Roache to avoidance scheme criticised by the Treasury. Olympic…
Home Loan Servicing Solutions, Ltd. Reports EPS of $0.37 and Net Income of $6.6 Million in the Third Quarter of 2012
GEORGETOWN, Grand Cayman, Oct. 18, 2012 (GLOBE NEWSWIRE) Home Loan Servicing Solutions, Ltd. (“HLSS” or the “Company”) (Nasdaq:HLSS) today reported net income of $6.6 million, or $0.37 per ordinary share, for the third quarter of 2012. Third quarter business performance…
Paul McCartney and 43,000 people back campaign to close Cayman’s sea turtle farming
Former member of The Beatles, singer, songwriter and composer, Sir Paul McCartney, MBE, is one of over 43,000 people worldwide who have signed the World Society for the Protection of Animals (WSPA) petition to “Stop Sea Turtle Farming”. McCartney announced…
The Largely Positive State of Global Solar
By Glen Martin, The Financialist While the solar industry is going through something of a rough patch in the United States, the sun still shines in other parts of the world – a strong indication that better days are ahead…
Exoplanet around Alpha Centauri is nearest-ever
By Jason Palmer Science and technology reporter, BBC News Astronomers have found the nearest planet outside our Solar System, circling one of the stars of Alpha Centauri just four light-years away. The planet has at minimum the same mass as…
Cayman Outlines FATCA Progress at Compliance Conference
Meetings with the US Treasury and the Internal Revenue Service are some of the steps taken by the Cayman Islands Government to ensure compliance with the US Foreign Account Tax Compliance Act (FATCA). Deputy Chief Officer for the Ministry of…
Cayman’s blue iguanas moves to “endangered” from “critically endangered”
In the updated International Union for Conservation of Nature (IUCN) Red List of Threatened Species, Cayman Islands blue iguanas have taken a step back from the brink of extinction through the efforts of Fred Burton and his team of hard…
CIMA to Host Risk Management and Internal Controls Seminar
The Cayman Islands Monetary Authority (CIMA) will be hosting an upcoming seminar on Risk Management and Internal Controls. The event, which is scheduled for 29 October to 2 November at the Grand Cayman Marriott Beach Resort, is sponsored by the…
Ex-Credit Suisse Banker Bagios Barred From Leaving U.S.
From Bloomberg Christos Bagios, the former banker at UBS AG and Credit Suisse Group AG (CSGN) who was arrested in January 2011 amid a crackdown on offshore tax evasion, may not leave Florida to visit Switzerland and Greece, a U.S….
Gushan Environmental Energy Limited Announces Completion of Going Private Transaction
Eddie Staley, Benzinga Staff Writer Gushan Environmental Energy Limited (NYSE: GU [FREE Stock Trend Analysis]), a manufacturer of copper products and a producer of biodiesel in China, announced today the completion of the merger contemplated by the previously announced agreement…
