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Month: July 2013

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Greenlight Re announces second quarter 2013 financial results

GRAND CAYMAN, Cayman Islands, Jul 29, 2013 (GLOBE NEWSWIRE via COMTEX) — Greenlight Capital Re, Ltd. GLRE -0.73%  today announced financial results for the second quarter ended June 30, 2013. Greenlight Re reported net income of $28.5 million for the…

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Cayman experiences major Internet outage

Statement from Lime received Monday July 19th at 4:15pm In the early morning of Sunday 28th July at approximately 6AM, a failure occurred on the MAYA-1 Cable System.  The MAYA-1 Cable System is a submarine cable system that runs north…

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Virgin on board with Limacol Caribbean Premier League

From Daily FT Sir Richard Branson joins “greatest party in sport” Organisers of the Limacol Caribbean Premier League (LCPL) T20 Tournament are pleased to announce Virgin as a tournament partner for the inaugural event as well as a founding team…

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The Editor Speaks: An eye for an eye, a tooth for a tooth, or an eye for a tooth?

It would be wrong of me to condemn and even more wrong if I was to explode at the opinion and the publicity given to the minority group who want to bring back the death penalty. Even subscribing to an…

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Hedge fund investors have a change of heart

By: Ashley Kindergan From The Financialist A lot has changed since March. Just four months ago, when Credit Suisse asked hedge fund investors if and how they planned to allocate money to a variety of strategies in the coming year,…

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Cuba radiates moral force for the World, Says Daniel Ortega

From cadenagramonte.cu Santiago de Cuba, Jul 26.- Nicaragua’s President Daniel Ortega today said here that the Cuban Revolution is the star of solidarity that radiates a big moral force for the world. In his speech at the act to mark…

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UBS Reaches $885M settlement with US regulator alleging bank misrepresented mortgage-backed bonds

By Margaret Chadbourn, Reuters, From Business Insider WASHINGTON (Reuters) – A U.S. regulator on Thursday (25) said it reached an $885 million settlement with UBS over allegations the bank misrepresented mortgage-backed bonds that were sold to Fannie Mae and Freddie…