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JTC Cayman acquisition bolsters fund administration capabilities

Independent institutional and private client service provider JTC has extended the capabilities of its Cayman Islands office to offer a broad range of fund administration services, following the completion of its acquisition of GAM’s fund administration business based there. Having…

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Jewish art-dealing dynasty stands trial for alleged $600M tax fraud

From United Jewish Federation of Tidewater (JTA) — Members of a French-American Jewish art-dealing dynasty went on trial in a case that could see authorities demand $600 million in back taxes. Guy Wildenstein, 70, the heir to his family’s New…

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prints and t-shirts by Yeah

Typographic prints and t-shirts by Yeah Awesome Wow Nice From Designer Daily The least you could say is that the designer duo behind YAWN chose a quite enthusiastic name for releasing their illustrations and prints. The acronym YAWN means Yeah…

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Greenland aiming to opt out of Paris Climate Accord

By H. STERLING BURNETT From News Heartland Even before the ink dried on the UN climate agreement developed in Paris, Greenland is angling to opt out of its commitments under the accord due to its impacts on the territory’s energy sector. …

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Robert De Niro’s Caribbean resort plan draws criticism

By ELAINE GLUSAC From The New York Times In the year since the government of Antigua and Barbuda and investors led by the actor Robert De Niro announced plans to open a luxury resort on the smaller of the dual-island…

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US Federal Circuit casts doubt on Apple-Samsung verdict

By Scott Graham, From The Recorder Apple Inc. may have collected $548 million from Samsung Electronics Co. last month from its first smartphone “trial of the century.” But the $119 million it recovered in a second trial appeared in serious…

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Lieff Cabraser team sues Fitbit over heart rate readings

By Marisa Kendall, From The Recorder SAN FRANCISCO — A team from Lieff Cabraser Heimann & Bernstein is aiming for the jugular in a new suit against Fitbit Inc., claiming the company’s wearable heart rate monitors don’t work as advertised. Fitbit’s…

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WuXi PharmaTech Cayman : and PRA Health Sciences Restructure Relationship in China

SHANGHAI, China and RALEIGH, N.C., 2015-12-08 01:00 CET (GLOBE NEWSWIRE) — WuXi PharmaTech (Cayman) Inc. (NYSE:WX), a leading open-access R&D capability and technology platform company serving the pharmaceutical, biotechnology, and medical device industries, and PRA Health Sciences, Inc. (NASDAQ:PRAH), a…

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China’s mandate of Communism poisons Dalai Lama’s reincarnation

Article by WN.com Correspondent Dallas Darling “But of course, religion is poison!” exclaimed Mao Zedong to Tenzin Gyatso, the “Great Fourteenth” Dalai Lama of Tibet.(1) Though initially impressed by China’s first communist leader and promise to modernize Tibet and interest…

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Here are the countries with the most generous billionaires

By Akin Oyedele From Business Insider India’s ultra-high net worth people give away the most money for philanthropic reasons. But as a percentage of net worth, the United Kingdom’s filthy rich give away the highest, followed by America’s. These findings were…