Islamic finance continues to grow in the British Virgin Islands
By Ian Montgomery and Hamish Masson From Harneys The British Virgin Islands (BVI) remain the most popular interna- tional financial center for incorporating companies due to it be- ing tax-neutral and politically stable with a flexible legal system based on…
U2’s Bono writes freedom song about terror attacks at the Bataclan in Paris
From Canberra Times U2 tribute to Paris attack victims U2 pays tribute to victims of the Paris attacks as they return to perform at shows postponed in the wake of the November bloodshed. U2 frontman Bono has dedicated a new…
PricewaterhouseCoopers agrees to $55 Million Madoff Feeder Fund settlement
By Celia Ampel, From Daily Business Review Two PricewaterhouseCoopers divisions agreed to pay $55 million to victims of Bernard Madoff’s Ponzi scheme who invested through feeder funds. PwC Canada and PwC Netherlands were the last remaining defendants in a seven-year…
Why Caribbean marine reserves matter
By Shenique Smith From Caribbean Journal The importance of marine reserves in the region Effectively managed marine managed areas in the Caribbean are life-sustaining for both people and wildlife. They protect critical habitats like coral reefs and mangroves. They harbor…
HBO announces the sixth season of the award-winning series “Game of Thrones”
The new season will premiere on Sunday, April 24th, simultaneously with the United States MIAMI, FL – January 7, 2016 – HBO/MAX announced today the premiere date for the sixth season of the worldwide phenomenon, Game of Thrones. The new…
Glowing bandages can reduce the chances of antibiotic-resistant bugs
By Mat Smith From engadget It also glows bright green. Bacteria that can shrug off antibiotics is a medical problem that still needs answering, but this prototype could help reduce how much antibiotics are used on patients, and decrease the…
Cayman Islands airport (ORIA) to get new parking system
A brand new parking lot system is in the process of being installed at Owen Roberts International Airport (ORIA). Airports Authority Chief Executive Officer Albert Anderson told Radio Cayman, the equipment was ordered in June and is just now being…
iNews Briefs & Community Events (From BIG FISH 95.5)
Cayman Islands Grand Court Jurors Reporting Time Update The Grand Court jury report time (not the date) has been changed. The date remains the same. All Grand Court Jurors who are in the 13 JANUARY – 5 APRIL 2016…
Gencom closes Cayman Islands resort disposition
By Barbra Murray From Commercial Property Executive The Florida-based hospitality and mixed-use real estate investment firm and its partner, Private Equity Group, have sold the 295-room Marriott Grand Cayman Beach Resort in the Cayman Islands. Gencom is wrapping up 2015…
Court removes KPMG as provisional liquidators for Pacific Andes – next hearing Cayman Islands
By Tom Searman Undercurrentnews Hong Kong’s High Court has removed KPMG as provisional liquidators of Pacific Andes International Holdings subsidiary China Fishery Group, sources told Undercurrent News. This removal of KPMG, who were appointed after a filing from lender HSBC, means…