Cayman Islands hedge fund wipes floor with our Department of Finance
November 30, 2012 by namawinelake Remember Fir Tree? Back at the start of 2011, these hedge fund upstarts from the Cayman Islands took exception to the attempts by Anglo Irish Bank – as it then was, it’s now IBRC having…
The CI Marathon was held at the weekend and Cost-U-Less!
The marathon is finally here and gone! George Town woke up to over 800 runners pounding the roads in this year’s Annual Marathon on Sunday (2)morning. 129 full marathoners, 626 half marathoners and 81 relay teams joined this great event….
Peer’s lobbying for Cayman may prompt conduct rule change
by Melanie Newman The Bureau of Investigative Journalism A Lords’ committee may amend guidance on lobbying by peers after Lord Blencathra was cleared of any misconduct. The Lords commissioner for standards cleared the former Conservative chief whip of breaching conduct…
Shelf Drilling completes acquisition of 38 rigs from Transocean
GEORGE TOWN, Grand Cayman, Nov. 30, 2012 — /PRNewswire/ — Shelf Drilling Holdings Ltd (‘Shelf Drilling’), a newly-formed focused provider of shallow water drilling services in Asia, Africa and the Middle East, announces the closing of its $1.05 billion acquisition…
Cayman Islands Amateur Swimming has announced that it has established new, all inclusive CIASA swimming records.
“With the assistance of CIASA director Adrien Royston, we are delighted to release the first set of CIASA swimming records,” said President Peter Mackay. “This is something which our new technical director Ian Armiger has been instrumental in introducing and…
Tax: Starbucks in talks with UK’s Revenue and Customs
Global coffee chain Starbucks has said it is in talks with HM Revenue and Customs and the Treasury over how much UK tax it pays. It is one of several well-known firms that were criticised over the level of their…
Consolidated Water Co. Ltd. : to Present at New York Society of Security Analysts’
Consolidated Water Co. Ltd. : to Present at New York Society of Security Analysts’ 16th Annual Water Utility Conference on Thursday, December 6, 2012 GEORGE TOWN, GRAND CAYMAN, CAYMAN ISLANDS — (Marketwire) — 11/30/12 — Consolidated Water Co. Ltd. (NASDAQ:…
Moody’s cuts AAA rating of ESM rescue fund
Moody’s has cut the triple-A rating of the European Stability Mechanism (ESM) euro rescue fund by one notch and given it a negative outlook. It follows a downgrade earlier this month of key ESM-backer France. Moody’s also cut rating of…
Egypt court halts all work amid Islamist ‘pressure’
Egypt’s Supreme Constitutional Court has said it is halting all work indefinitely in protest at the “psychological pressure” it has faced. Islamist protesters earlier prevented the judges from meeting in Cairo to rule on a draft constitution. The supporters of…
Kansas City Chiefs play after Jovan Belcher shooting
The Kansas City Chiefs NFL team is hosting a game at the stadium where one of their players shot himself dead after killing his girlfriend. The crowd observed a moment’s silence for victims of domestic violence before the noon (18:00…
