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Month: June 2013

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COB’s corporate matching gift initiative doubles philanthropy

From Bahama islands info NASSAU, Bahamas — The Matching Gift Initiative, a new programme implemented through The College’s Alumni Relations and Development Office, now enables top Bahamian companies to match its employee’s donation dollars from alumni of The College of…

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Fed’s Bullard: Bernanke QE bombshell was poorly timed

From Moneynews St. Louis Federal Reserve Bank President James Bullard worried that the Fed’s decision earlier this week to announce a plan to reduce bond buying was poorly timed, the regional Fed bank said in a statement on Friday explaining…

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S Sudan ‘will not go to war’ over oil dispute

From AlJazeera President Salva Kiir accuses his Sudanese counterpart of “mobilising for war” after Bashir threatened to cut oil flow. The government of President Kiir denies supporting fighters in the north, the reason given for the dispute [Reuters] South Sudanese…

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UDC signs $428m loan deal with QN

From Construction Week Online United Development Company (UDC), the builder of the Pearl-Qatar development, has announced that it has signed a $428.5m (QR: 1.56bn) loan deal with Qatar National Bank. The company said that the money would be used to…

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Kroll Bond Rating Agency assigns Long-Term and Financial Strength Ratings to Caledonian Bank Limited

NEW YORK — Kroll Bond Rating Agency (“KBRA”) has assigned a long-term rating of BBB- to the senior deposits of Caledonian Bank Limited (“Caledonian” or “the Bank”), a commercial banking subsidiary of Caledonian Global Financial Services Inc., headquartered in Grand…

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WestStar signs exclusive agreement with FIFA

From CITN/Cayman27 Friday, 14 June 2013 8:15 pm WestStar officials ink an exclusive deal to carry the FIFA World Cup 2014, and this year’s Confederations Cup. FIFA’s Confederations Cup, dubbed the ‘Festival of Champions,’ is considered a preview to the…

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International Optimist Regatta began Friday (21)

By Carol Bareuther (special to The Daily News) ST. THOMAS – More than 100 7- to 15-year-olds set sail in the 21st International Optimist Regatta, presented by Glacial Energy, Friday through Sunday. This marks the second year in a row…

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CONCACAF funding to bolster Confederation-Wide youth development with targeted resources

All 41 Member Associations are Eligible for “Win in CONCACAF with CONCACAF” Grassroots Platform Miami, FL (Friday, June 21, 2013) – The Confederation of North, Central America and Caribbean Association Football (CONCACAF) today announced the next phase of the trail…

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The Bahamas needs new and innovative ideas

From Bahama Islands info NASSAU, The Bahamas — Prime Minister the Rt. Hon. Perry G. Christie said in the wake of the seismic economic and financial crisis that has gripped the world economy over the last several years, the country…

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Camana Bay Offers Summer Camps for kids of all ages

Camana Bay, George Town (Friday 21 June 2013): Summer is here and school is out, which means that kids are home for two months of long, empty days. Parents will agree that TV and video games don’t exactly make for…