Cayman Islands utilities provider announces decrease in earnings
CUC announces Second Quarter Results for the period ended June 30, 2015 Caribbean Utilities Company, Ltd. is listed for trading in United States dollars on the Toronto Stock Exchange. GRAND CAYMAN, Cayman Islands, July 31, 2015 /CNW/ – Caribbean Utilities…
MH370: Reunion debris discovery lifts hopes for missing flight clues
From The Australian A senior Malaysian official says that an object found in Reunion has been confirmed as “a domestic ladder” and is not a plane part, amid media reports that a new piece of plane debris was found on…
Obama says entrepreneurs in Africa can give hope, deliver growth
From Caribbean Digital Network NAIROBI, July 25 (Reuters) – U.S. President Barack Obama said in Kenya on Saturday that African entrepreneurs could help counter violent ideologies and make the continent a hub for global growth, helping create opportunities in Africa…
‘Miracle cure’ probe woman sets up a new Caribbean base
By James Murray From Sunday Express UK A WOMAN under investigation in Britain after potions containing bleach were sold as “miracle” cancer cures over the internet is planning to open a new healing centre in the Caribbean. NEW VENTURE: Amanda…
Macquarie sues Cayman fund Artefact over Van Eyk failure
By Ben Butler From THE AUSTRALIAN Macquarie has launched legal action in London on behalf of investors in Van Eyk funds as part of an international hunt for millions of dollars belonging to the failed finance empire. The target of…
Cayman Islands: Walkers Professional Services welcomes Steven Manning into its fiduciary team
Grand Cayman – Walkers Professional Services is pleased to announce the recruitment of Steven Manning as Director of its fiduciary services. Steven has broad fiduciary experience, sitting on the boards of various asset finance and structured finance companies. He specialises…
Scotland: Rangers suspend rights for four major shareholders in battle to unmask mystery investors
From Daily Express UK The Rangers board has turned up the heat in the battle to unmask their mystery investors and clean up the club. The voting rights of four major shareholders have been suspended after they failed to respond…
The e-cigarette frenzy is over
By Corey Stern From Business Insider In their most recent survey of tobacco retailers and wholesalers, analysts at RBC Capital Markets found that excitement around the cigarette alternative has dropped significantly. Many retailers reported having too much inventory of e-cigarettes…
Oil rigs left idling turn Caribbean into expensive parking lot
By David Wethe From World Oil HOUSTON (Bloomberg) — Imagine parking your $300 million boat for months out in the open sea, with well-paid mechanics hovering around it and the engine running. The Gulf of Mexico and the Caribbean Sea…
Dust-up over ex-Willkie partner roils megabucks credit card case
By Scott Flaherty, From The Am Law Daily When Willkie Farr & Gallagher disclosed an ex-partner’s communications with opposing counsel in litigation over credit card “swipe” fees charged by MasterCard Inc. and Visa Inc., merchants opposed to a multibillion-dollar settlement…
