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Month: February 2018

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Puerto Rico should rebuild power from scratch: U.S. Fed official

By Jonathan Spicer From Reuters NEW YORK (Reuters) – Puerto Rico should “start from scratch” rebuilding its already outdated power infrastructure after deadly Hurricane Maria last year devastated it and left citizens marooned, the U.S. central banker overseeing the island…

Greenlight Capital Re reports 4Q loss

Associated Press From Yahoo News GRAND CAYMAN, Cayman Islands (AP) _ Greenlight Capital Re Ltd. (GLRE) on Tuesday reported a fourth-quarter loss of $37.7 million, after reporting a profit in the same period a year earlier. On a per-share basis,…

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Gartner reports first ever global decline in smartphone sales

By Natasha Loma From techcrunch Global smartphone sales have not been firing on all cylinders for several years now but Gartner’s latest figures record the first ever decline since the analyst began tracking the market all the way back in…

Foreigners’ financial stake in NZ up 653 pct in 28 years, says lobby group

By Anne Gibson Property editor, From NZ Herald Foreign entities’ investment in New Zealand rose 653 per cent in the last 28 years, according to a lobby group which opposes overseas businesses and individuals buying assets here. Bill Rosenberg of…

March is Honouring Women Month in the Cayman Islands

GRAND CAYMAN (GIS) – The Department of Counselling Services’ Family Resource Centre (FRC) celebrates the achievements of women and calls for greater equality in its annual observance of Honouring Women Month, throughout March. This year’s International Women’s Day (Thursday, 8…

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Developing threats in mobile phishing

Over the past recent years, the mobile technology landscape has seen an upsurge of attack targeted at popular apps such as WhatsApp, Facebook, and even Google Play. And with more and more companies leveraging mobile devices in their workspace, the…

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The CEO who turned around Arby’s says much of his success should be attributed to an advantage most CEOs don’t have

By RICHARD FELONI From Business Insider Hollis Johnson/Business Insider“We’re not rushed,” Inspire Brands CEO Paul Brown said about turning around Buffalo Wild Wings. “I’m not worried about next quarter’s numbers.” This post is part of Business Insider’s ongoing series on…

Electric Harley Davidson

Harley Davidson’s EV debut could electrify the motorcycle industry By Jake Bright From TechCrunch Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. Yes, the iconic symbol of American steel and…

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China denies Lunar New Year broadcast with actress in blackface and fake buttocks was racist

By Ben Blanchard, Reuters From Business Insider China said its Lunar New Year broadcast, watched by hundreds of millions, that featured blackface was not racist. China accused the West of trying to divide Africa and China, which it called futile….

CNCF’s Dress for Culture Day celebrates Cayman Islands’ diversity

Dress For Culture Day, the Cayman National Cultural Foundation’s (CNCF) annual ‘dress up, dress down’ fundraiser is coming up on Friday, 23 February, and organisers are inviting schools, businesses and individuals across the Cayman Islands to get creative and display…