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Month: February 2016

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Cayman Islands food recall: Romain lettuce

From Foster’s Food Fair Foster’s Food Fair-IGA would like to announce that Fresh Express Incorporated is announcing a precautionary recall of a limited quantity of 32-ounce Fresh Express Chopped Romaine due to a possible exposure to undeclared allergens. No other…

Caribbean News iBusiness iFinance iLocal News iWorld News Manager's Choice News

Move over Switzerland, Cayman Islands, & Co., U.S. new tax haven king

By Gerry W. Beyer From Law Professor Blogs Network In the popular imagination, the main tax havens of the world are in exotic locals like the Cayman Islands or the snow capped peaks of Switzerland. But an unexpected contender has…

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iNews Briefs & Community Events (From BIG FISH 95.5)

  Traffic Advisory regarding Agricultural Fair on Wednesday, 10 February From RCIPS Traffic Advisory: Agricultural Fair Regarding Wednesday’s Agricultural Fair, please be advised that an increase in traffic is expected on Shamrock Road around the event in Lower Valley between…

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The Editor Speaks: Temptation – the pursuit of riches

We all of us have faced temptation in our lives at various levels. Especially if we see a chance of becoming rich quickly. What does surprise me, however, is why people who have it made, good education, high paying job,…

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Agreement reached for transitional government in Haiti

From Caribbean News Now PORT AU PRINCE, Haiti — Just 22 hours before the end of President Michel Martelly’s term without an elected president to succeed him, an agreement was reached for a transitional government in Haiti. Late on Friday,…

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CUC announces declaration of dividend on Class A Ordinary Shares

CARIBBEAN UTILITIES COMPANY, LTD. CLASS A ORDINARY SHARES ARE LISTED FOR TRADING IN UNITED STATES FUNDS ON THE TORONTO STOCK EXCHANGE. Grand Cayman, Cayman Islands- Caribbean Utilities Company, Ltd. (TSX:CUP.U) (“CUC” or “the Company”) announced today that the Board of…

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WSJ: Government probes into Ackman and Herbalife haven’t found evidence of criminal wrongdoing

By Carl O’Donnell, Reuters From Business Insider (Reuters) – Two government probes into the conduct of longtime antagonists Pershing Square Holdings and Herbalife have failed to find sufficient evidence of criminal wrongdoing by either party, the Wall Street Journal said, citing…

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This is exactly how the FBI convinces hedge funders trading on inside information to spill the beans on everyone else

By Julia La Roche From Business Insider When the FBI wants to get a hedge fund portfolio manager to be a cooperating witness in an insider-trading case, they’ll literally follow that person everywhere, according to FBI Special Agent David Chaves. Basically,…

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Baroness Benjamin arrives in Cayman Islands to deliver address at International Community College

Baroness Benjamin Pays Courtesy Visit Baroness Floella Benjamin, OBE, DL, Hon. DLitt Exeter paid a courtesy visit to Premier Hon. Alden McLaughlin on Thursday, 4 February 2016. The Baroness was in the Cayman Islands to deliver the address at the…