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Petroceltic employees consider offer under survival proposals

By Mary Carolan From The irish Times A hearing aimed at getting High Court approval for a survival scheme for exploration company Petroceltic has been adjourned after day-long talks over employees’ concerns about the survival proposals failed to end in…

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Up, up and away, Google gets sued over trade secrets

By Scott Graham, From The Recorder A suit over Google’s Project Loon, which provides wireless communication by high-altitude balloon, could send U.S. patent law to the stratosphere. Chandler, Arizona-based Space Data Corp. sued Google Inc., its parent company Alphabet and…

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Trinidad & Tobago: PNM rallies around Ali [after nude photographs of him on YouTube]

By Clint Chan Tack FromT&T Newsday THE ruling People’s National Movement (PNM) yesterday demonstrated unwavering support for former government senator Hafeez Ali, who resigned from his post after being blackmailed by a woman from North America who posted nude videos…

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Remittances bring economic stability to families and countries, says IFAD president on International Day

From IFAD Rome, 15 June 2016 – On the International Day of Family Remittances, 16 June, Kanayo F. Nwanze, President of the International Fund for Agricultural Development (IFAD), calls for greater recognition of the vital financial contribution migrants make to…

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Top 10 Mistakes When Buying a Home in the Caribbean

From 1st Day of Summer Is it your dream to own a piece of paradise? A lot of people do, and only a small percentage of people actually end up in their dream home. Buying real estate in the Caribbean…

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Scotiabank CONCACAF Champions League to Benefit from New Prize Money Structure Starting in 2016/17 Season

Prize money to be awarded to clubs reaching semifinals; Additional investments in club travel also part of initial stage of tournament support Miami (Wednesday, June 15, 2016) – The Confederation of North, Central America and Caribbean Association Football (CONCACAF) today…

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Cayman Islands food recall – Muscle Milk

From Foster’s Food Fair HP Hood LLC, in cooperation with brand owner CytoSport, Inc., is voluntarily recalling certain Muscle Milk ready to drink products produced in HP Hood’s Sacramento facility due to premature spoilage. No confirmed illnesses have been reported…

iNews Briefs & Community Events

Cayman Islands utility company hurricane drill Wed (15) Cayman Utiltity Company (CUC) will be performing its annual Hurricane Drill commencing at 6:00 a.m. tomorrow, Wednesday, June 15, 2016. They will be simulating the approach of a hurricane and will be shuttering the…

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ADGM and Cayman Islands Monetary Authority sign MoU on Bilateral Cooperation

From CPI FINANCIAL The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and the Cayman Islands Monetary Authority (CIMA) signed a Memorandum of Understanding (MoU) putting in place a framework for mutual assistance and exchange of information…

Gadget of the week

MIT harvests fog to make water in one of the driest places on Earth By Jon Fingas From engadget The climate is so arid in some corners of the globe that virtually any source of water is crucial to survival; even…