Ravenscroft pre-tax profits more than double to £1.22m
From Guernsey Press Investment manager Ravenscroft has seen its interim pre-tax profits more than double on last year. The locally-owned business recorded profits up by 117% at £1.22m. at the end of June, compared with £560,000 at the same point in…
RBC Wealth Management outlines four main pressure points currently faced by HNW investors
From Offshore Bankers After a summer marked by swirling volatility that buffeted markets, investors may be left unsure of their next moves. Presenting at a RBC Wealth Management media roundtable event in London this morning [Nov 5], Frédérique Carrier, Director,…
Kuwait Projects Co. (Cayman) 3rd Quarter Results
By Bloomberg TIDM77ZB RNS Number : 1868E Kuwait Projects Co. (Cayman) 02 November 2015 Immediate Release KIPCO announces 17% increase in net profit for first nine months of 2015 ‘Results reflect strong performance of KIPCO’s core companies’ says company’s CEO Banking…
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Caribbean Internet TV platform launched
By Paula Lindo From T&T Guardian The Caribbean equivalent to Netflix is here! Newly launched Over-the-Top (OTT) Platform, MAS2TV, delivers unique Caribbean content to consumers on demand, with the tagline “Love Your Culture.” MAS2TV stands for Multiculturalism, Art, Society, and…
Boeing building mobile broadcasting satellite for Chinese market
By Peter B. de Selding From SpaceNews PARIS — Boeing Space and Intelligence Systems has begun construction of an L-band mobile broadcasting satellite for the Chinese market under a contract with a New York-based company acting on behalf of a…
Hunt for billions invested by 1MDB points to Australia
By Daniel Stacey in Sydney, Bradley Hope in New York and Tom Wright in Hong Kong From Wall Street Journal The six-year global hunt for billions of dollars invested by a Malaysian development fund has run through Saudi Arabia and the Cayman…
Gadget of the week
Researchers are helping robots avoid expensive face plants By Steve Dent From engadget Why are robot tumbles comedy gold? Unlike humans, they make no effort to protect themselves, resulting in flailing, extra hard falls (bottom). But the high-g impacts are…
California police use these biometric scanners
By John Fingas From engadget Police are increasingly turning to biometric tech in the field. It’s supposed to help cops verify the identity of suspects, but there’s a real concern that they could abuse this to get personal details on…
7-Eleven in Australia ridiculed for inconsiderate Facebook meme
By Jacob Gillard From Mashable Australia’s 7-Eleven isn’t in a good place right now. The convenience store and petrol station chain posted a meme to their Facebook page in an attempt to connect with the young’uns and it really blew…
Herbalife posts 3Q profit
From nzherald.co.nz GEORGE TOWN, Cayman Islands (AP) ” Herbalife Ltd. (HLF) on Tuesday reported third-quarter profit of $93.6 million. The George Town, Cayman Islands-based company said it had net income of $1.09 per share. Earnings, adjusted for non-recurring costs and…
