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Day: November 2, 2014

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MORGAN STANLEY: This chart shows why fat profit margins aren’t doomed to collapse

By Sam Ro From Business Insider Almost every corporate profit margin chart you’ll see since the financial crisis will share one characteristic: they go up. Ever since the financial crisis, corporations have managed to deliver robust profit growth by offsetting…

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Decades-old Soviet engines powered the US rocket that exploded/Horrifying ‘fish drags kitten into pond’ video has surprise ending

Decades-old Soviet engines powered the US rocket that exploded From Business Insider Washington (AFP) – The Orbital Sciences rocket that exploded after launch was powered by a pair of rocket engines that were made during the Soviet era and refurbished,…

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Switzerland’s shame: The children used as cheap farm labour

Thousands of people in Switzerland who were forced into child labour are demanding compensation for their stolen childhoods. Since the 1850s hundreds of thousands of Swiss children were taken from their parents and sent to farms to work – a…

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Arbitration claims filed by 140 Puerto Rico investors against Swiss bank

From Caribbean News Now PENSACOLA, USA — Securities lawyers have filed 140 arbitration claims on behalf of Puerto Rico investors against UBS, Switzerland’s largest bank. The complaints allege that UBS provided unsuitable investment recommendations to investors and recommended concentrated investments…

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Insurance & Reinsurance Law & Regulation: Cayman Islands

30 October 2014 By John Dykstra, Abraham Thoppil Maples and Calder *The authors would like to thank Audrey Rankin for her assistance with the preparation of this paper. This chapter first appeared in the first edition of Insurance & Reinsurance…

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Cartoon of the Day

By Tony Zuvela, Cartoonist “It’s my own little World which I can escape to everyday and create a fun, weird, berserk Cartoon to whatever subject I like. I enjoy doing all the work myself, and all the aspects of Cartooning,…

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Latin America, Caribbean and U.S. Outline “Lines of Action” Against Ebola

From Latin American Herald Tribune HAVANA – Specialists and government representatives from 34 countries of the Western Hemisphere, including the United States, have outlined a coordinated “action plan” to prevent the spread of the Ebola virus in the region. The…

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Harley-Davidson: More tech, less roar

By Marty Biancuzzo, Chief Technology Analyst Wall St. Daily Harley-Davidson: is this stalwart a tech company in disguise? While watching CNBC’s Squawk Box show last week, I heard Jim Cramer make the following comment: “You know… this may be more…

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Cayman Islands drops 11 places on GFCI

From Cayman Funds The Cayman Islands has fallen 11 places in the latest Global Financial Centres Index, which ranks financial centres based on instrumental factors and responses to an online survey. It is now ranked 54th out of 83, scoring…

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Visitors to Lubee conservancy find bats riveting

By Cindy Swirko From OCALA StarBanner Alachua County has lots of bats. Spend time outside at dusk and watch the show as they fly from their roost and start flitting and diving for bugs. Or for a really big show,…