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Day: March 5, 2017

Cayman Islands lawsuits challenge valuations of delisted Chinese companies

By Henny Sender From Financial Times Hedge funds claim that Bona Film and other groups were worth more when taken private Earlier this month, the Cayman Islands Grand Court granted a petition on behalf of three funds managed by Hong…

13 unexpected costs of having a kid

By Emmie Martin and Libby Kane From Business Insider dad with baby New parents don’t always see all the costs of having a baby coming.Sean Gallup/Getty First-time parents face a mountain of expenses, from top-of-the-line nursery furniture to dozens of…

Why do hurricanes get more intense? The clues lie in these huge Caribbean currents

By JENNY STALETOVICH  From Miami Herald Massive ocean eddies rolling across the Caribbean may contain a hidden layer that fuels hurricanes, according to a new University of Miami study that for the first time documents the phenomenon. The discovery, by…

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Deutsche Bank is looking at raising $8.5 billion

By Matt Turner from Business Insider Deutsche Bank is looking at “conducting preparatory steps” for a potential $8.5 billion capital raise. Here’s the statement from the bank: “Deutsche Bank confirms that it is conducting preparatory steps for a potential capital…

Destination of the week

Why unspoilt, laidback Vieques should be the island for your next Caribbean holiday By Deborah Arthurs From Metro.co.uk It’s not the best known of the Caribbean islands, nor is it the most luxe. But that is exactly what gives Vieques…

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Arkansas wants to execute 8 men days before its lethal injection drugs expire

By Veronika Bondarenk From Business Insider Arkansas plans to rush the execution of 8 men over the course of 10 days in advance of the expiration of state supplies of a lethal injection drug. Earlier this week, Arkansas state governor Asa Hutchinson…

Fired by the Academy

Bungling PWC accountants will NOT be back at the Oscars as new photos show bean-counter Brian juggling multiple envelopes AND his phone while gawking at Emma Stone By Chris Spargo From Daily Mail UK Backstage photos from the Dolby Theater…

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Credit reporting system for the Eastern Caribbean Currency Union expected to boost lending

Credit reporting system for the Eastern Caribbean Currency Union expected to boost lending, which has been falling in ECCU countries BASSETERRE, ST. KITTS, MARCH 3rd, 2017 (PRESS SEC) — Access to credit is one of the pillars of private sector…

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Mercedes recalls 354K vehicles over fire risk

By Ashlee Kieler from Consumerist If we’ve said it once, we’ve said it a million times: You don’t want your vehicle to catch on fire. For that reason, Mercedes-Benz is recalling more than 354,000 vehicles. Mercedes announced Thursday the recall…

ON THE RIGHT: Caribbean needs new growth plan

By Dr Justin Ram, From Nation News Barbados Where we need to be is on a higher consistent growth trajectory that is inclusive and which unfolds in a safe, crime-free environment for all citizens. This must also be done in…