Google defeats Oracle in $9 Billion Copyright Case
By Ross Todd, From The Recorder SAN FRANCISCO — A San Francisco federal jury has sided with Google Inc. in its copyright clash with Silicon Valley rival Oracle Corp. In a verdict handed down Thursday, 10 Bay Area jurors found…
Haiti bidding to be the next big thing in Caribbean travel by leaving its troubled past behind
By Caterina Clerici, Kim Wall From Independent UK With its vibrant culture, Creole cuisine and colonial history there is plenty to interest tourists, but politics, a lack of infrastructure and perceived safety concerns still stand in the way ”WELCOME TO THE…
The largest US luxury homebuilder crushed earnings but acknowledged the big problem in the housing market
By Bob Bryan Toll Brothers, the largest luxury homebuilder in the US, reported strong earnings Tuesday but acknowledged one of the biggest problems in the housing market. The homebuilder, which focuses much of its business in the high-end markets in…
These Caribbean nations are battling with large numbers of diabetes cases
From NAN News Americas, NEW YORK, NY, Weds. May 25, 2016: Vice-Chancellor of the University of the West Indies, Sir Hilary Beckles, recently put the spotlight on the rising incidence of diabetes in the Caribbean while officially opening the second…
Cayman Islands utility company announces a “marginal” rate increase
CUC Base Rate Adjustment – Effective June 1, 2016 The Board of the Electricity Regulatory Authority (ERA) has approved a Base Rate adjustment for Caribbean Utilities Company, Ltd. (CUC) in accordance with the Rate Cap Adjustment Mechanism (RCAM) mandated by CUC’s Transmission…
DCI to assist Cayman Islands Red Cross Thrift Shop programme
The Department of Commerce and Investment (DCI), as part of its social responsibility, will volunteer at the Cayman Islands Red Cross. On Monday, 30 May, DCI will be sending staff members to participate in the Red Cross’s Thrift Shop Community…
Murphy: Grayson lied about hedge fund compensation
By Steven Lemongello From Orlando Sentinel Patrick Murphy is hitting Alan Grayson again at his most sensitive point – Grayson’s hedge fund. The House ethics investigation into Grayson, D-Orlando, has been a thorn in his side in the midst of his…
iNews Briefs & Community Events
Cayman Islands travel agent found Not Guilty of all charges Former Cayman Islands travel agent, Ingrid Scott (44), was found “Not Guilty” by a jury of not intentionally deceiving her customers at Sea2Sky Travel. She had been accused of obtaining…
BVI remains popular for Asian debt capital market deals as Ogier advises Midea’s US$3 billion guaranteed MTN program
BVI continues to be a popular jurisdiction for debt capital market deals in Asia, says Ogier’s Hong Kong team, who have acted as BVI counsel in relation to the establishment of a US$3 billion guaranteed medium term note programme using…
Health City Cayman Islands: Young Caymanian gets second chance at life after severe accident
CAYMAN ISLANDS (May 25, 2016) – A young Caymanian who suffered life-threatening injuries as the result of a motorcycle accident is recovering today thanks to the skilled teamwork and timely response of heart surgeons at Health City Cayman Islands. John…