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iLocal News Archives

Year: 2018

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Cayman Islands Proud of Them Bios: Brianna Bodden and Jared McGill

Brianna Bodden: Bodden Town, 16, – Academics Brianna has been an exceptional student since she started Clifton Hunter High School (CHHS).  A well-rounded student, she epitomises what the ideal student represents, with her never give up attitude. She has been…

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U.S. airlines reduced Caribbean capacity by 10% in December

By Robert Silk From Travel Weekly With portions of the Caribbean still struggling to recover from massive hits by hurricanes Irma and Maria in September, U.S.-based airlines flew nearly 10% fewer seats to the region in December than they had…

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Alibaba in 2018 — Beijing or the market?

By William Pesek From Nikkei Asian Review Will Jack Ma have to choose between duty to Wall St shareholders and loyalty to team Xi? At a tech conference in China’s Zhejiang province last month, Jack Ma made headlines for an…

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Waves to launch $30 million fund to back blockchain startups

By Jonathan Keane From Tech EU Russian blockchain company Waves is to launch its own venture capital fund that will back blockchain startups and projects; The Basics Fund is aiming to raise $30 million by April. Waves is a platform…

Liberator

78 years ago, the B-24 Liberator took its first flight — here’s how it helped bring down the Nazis By Christopher Woody From Business Insider As the US military was looking to expand production of Boeing’s B-17 bomber in the…

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Assets of Cayman Islands hedge funds up but number of funds down

By Komfie Manalo, Opalesque Asia: The number of Cayman-registered hedge funds fell in 2016, according to data from the 2016 Investment Statistical Digest published by the Cayman Islands Monetary Authority (CIMA). However, the value of assets by the industry rose…

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WhatsApp suffers 2018’s first major global outage, lasts almost an hour

REUTERS From Gadgets Now WhatsApp, a popular messaging service owned by Facebook, suffered a global outage for about an hour on Sunday before the problem was fixed. “WhatsApp users around the world experienced a brief outage today that has now…

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Brooklyn couple host annual Christmas party for Guyana children

By TANGERINE CLARKE From Caribbean Life Once again this year, Guyanese-American couple Brian and Pauline Clarke brought the joy and excitement of their annual Christmas party to hundreds of happy children in the village of Lodge in near the Guyanese…

Caribbean Beer & Rum Experiences

5 Caribbean Beer and Rum Experiences Worth Traveling For By Holly Johnson From US News Retrace history and learn about local brews and liquors on a rum-fueled journey in the Caribbean. It’s no secret that the Caribbean brims with gorgeous…

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Kia and Hyundai see a slow sales recovery in 2018

By Hyunjoo Jin and Joyce Lee, Reuters From Business Insider Kia and Hyundai see 4% sales growth in 2018. The two automakers expect to sell 7.55 milion vehicles this year, up from 7.25 million in 2017. Sales fell 7% last…