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Day: May 27, 2013

iBusiness iLocal News iWorld News News

The corrosive effect of Apple’s tax avoidance

By Floyd Norris New York Times The shameful thing about Apple Inc.’s ability to structure its business to avoid United States taxes was not that it did it. In fact, as Apple executives tried to point out at the Senate…

Shenel Gall’s Swiss team advances

Cayman football star Shenel Gall’s Swiss team advances to Women’s Premier League By Thiago Cunha We have excellent news for Cayman Islands Women’s football. On Sat (25) Cayman Islands female soccer star, Shenel Gall’s team made history in Zurich –…

iCommunity iLocal News iWorld News News

Boy Scouts lift ban on gay members: how Twitter reacted

By Sam Laird, From Mashable The Boy Scouts of America’s governing council voted on Thursday (23) to allow openly gay scouts to join local troops for the first time in the organization’s 103-year history. Gay adults still can’t serve as…

iBusiness iLocal News iWorld News News

Fitch Expects to Rate Odebrecht Offshore Drilling Finance Ltd.’s Notes ‘BBB(EXP)’; Outlook Stable

SAO PAULO — Fitch Ratings expects to assign the following rating to the proposed issuance of notes by Odebrecht Offshore Drilling Finance Ltd. (the Issuer), a company setup in the Cayman Islands (Cayman): –Up to USD1,880,000,000 series 2013-1 senior secured…

iBusiness iJamaica iLocal News iWorld News News

UK tax crusade versus Caribbean financial prosperity

By David Jessop From The Jamaican Gleaner THIS WEEK IN EUROPE Prime Minister David Cameron wrote to the leaders of all of the United Kingdom’s overseas territories and crown dependencies over a week ago. They include Bermuda, British Virgin Islands,…

iLocal News iWorld News News

World Press photo denies prize-winning image is fake

By Nina Frazier Mashable The World Press Photo Foundation is denying accusations that its Photo of the Year is fake. In February, a panel of international judges selected Paul Hansen’s photograph “Gaza Burial,” which shows a procession of weeping men…

Caribbean Week in New York

From New York Daily News ‘Caribbean Week in New York’ returns this week with events for New Yorkers with roots in the region, persons who travel there and folks planning to visit International VIPs and everyday people prep for high…

iBusiness iLocal News iWorld News News

Banking Consultant Nuciforo: Google is ‘Biggest threat’ to banking industry

By Michael Kling, Moneynews Google is threatening to disrupt the banking industry in a big way. Its products, including Search, Shopping, Offers and Wallet, are a virtual slap in the face for banks and PayPal when they are integrated with…

Editors Choice iCommunity iLocal News News

State Funeral for Late Speaker

Nation Says Farewell to Speaker The Cayman Islands will honour the late speaker of the Legislative Assembly, Hon. Edna Marie Moyle, OBE, JP, with a ceremonial lowering of government flags, followed by the first ever lying-in-state at the Legislative Assembly…

iCommunity iEntertainment iLocal News iWorld News News

Gloucestershire cheese-rolling takes place despite warning

BBC Thousands of people have gathered in Gloucestershire for the traditional cheese-rolling races on Cooper’s Hill. The unofficial event has taken place despite warnings from police that organisers could be liable for legal action in the event of an incident….