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Walkers turns to Maples for funds hire

By Joanne Harris From The Lawyer Walkers has picked up a partner from Maples and Calder in a boost for its Cayman Islands investment funds team. Dawn Howe is joining Walkers’ London office initially and will eventually relocate to the…

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Three European banks under Sebi scanner for round-tripping

By PTI From Mydigitalfc At least three large European banks’ dealings with Indian companies and individuals are being probed for alleged round-tripping of funds by using certain multi-layered transactions in violation of Sebi norms. It is suspected that some portfolio…

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Cayman Islands July Cruise Passengers Fall 27.4% Y/y

By Ainhoa Goyeneche – Bloomberg Attached is a summary table for the Cayman Islands July cruise passenger traffic statistics from the Port Authority of the Cayman Islands: SOURCE: Port Authority of the Cayman Islands To contact the reporter on this…

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Golden boot for Cayman footballer Cayman Islands U15 footballer, Leighton Thomas Jr, won the ‘golden boot’ at the U-15 CONCACAF Tournament by being the highest grossing football scorer in the competition. This was despite Cayman failing to progress to the…

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Icahn asks judge to dismiss Herbalife short-seller’s suit

By Christie Smythe  From Bloomberg Carl C. Icahn asked a court to dismiss a lawsuit filed by a short-seller who accused the billionaire investor of improperly propping up Herbalife Ltd. (HLF)’s share price to settle a score with Bill Ackman….

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Webb praises Cayman for hosting U-15 Boys Tournament

The president of the regional footballing body CONCACAF, Jeff Webb, praised Cayman for a job well done in hosting the inaugural U15 development tournament. “The inaugural 2013 U15 Boys CONCACAF Tournament in the Cayman Island has been a success,” he…

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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Univision upgrades entire mobile fleet with 2,000 BlackBerry Q10 Smartphones

Univision Communications Inc launches UVideos App for BlackBerry 10 NEW YORK and WATERLOO, ON – BlackBerry® (NASDAQ: BBRY; TSX: BB) and Univision Communications Inc. (UCI), the leading media company serving Hispanic America, on Monday (26) announced that Univision has purchased…

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The obesity era

by David Berreby From aeon magazine ‘The previous belief of many lay people and health professionals that obesity is simply the result of a lack of willpower and an inability to discipline eating habits is no longer defensible.’ Photo by…

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Banks takeover could reach the courts

By Ken Richards From West Indies News Network St. Kitts and Nevis (WINN):  The former Chairman of one of the two indigenous banks in Anguilla taken over by the Eastern Caribbean Central Bank has confirmed that he is looking at…