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Apple apologises for Maps switch ‘frustration’

Apple’s chief executive has penned an apology following a barrage of criticism caused by its switch to a new maps system. Tim Cook acknowledged that users had been frustrated by the move and repeated a pledge to improve the software….

Cayman Islands Financial Services attends ASHRM 2012

Insurance Managers Association of Cayman (IMAC) is pleased that the Cayman Islands Financial Services will be well represented at the ASHRM 2012 Annual Conference at the Gaylord National Resort & Convention Center, Washington, D.C., National Harbor held October 7th -10th….

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Romney and Bain Exposed: Romney’s profit ‘harvest’ in latest video from Mother Jones

This blog is cross-posted at StewartAcuff.com Lots more problems for Mitt Romney. A former employee gave Mother Jones magazine old film clips of Romney talking about Bain Capital and its strategy for draining its acquisitions in order to generate profit….

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George W. Bush To Keynote Cayman Islands Investment Conference

Not entirely the party’s message of the week. Rosie Gray , Buzzfeed Former President George W. Bush is set to deliver the keynote address at the Cayman Alternative Investment Summit on Grand Cayman just a few days before the election….

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Cayman Yacht Seminar a resounding success!

The Cayman Yacht Seminar held during the Monaco Yacht Show 2012, “was another resounding success”, reports Greg Evans – Director, Global Safety and Compliance of the Maritime Authority of the Cayman Islands. Around 60 invited guests attended the Salon Americas…

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Is Delaware the New Cayman Islands?

By: Amber Przybysz, Jubilee USA Network You might have heard of shell companies located in exotic locations like the Cayman Islands, but one of the largest playgrounds for such untraceable companies is actually the United States.  In fact, Delaware is…

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China Nuokang Enters Definitive Agreement For Going Private Transaction

BEIJING, Sept. 27, 2012 (GLOBE NEWSWIRE) — China Nuokang Bio-Pharmaceutical Inc. (NKBP) (“Nuokang” or the “Company”), a leading China-based biopharmaceutical company focused on the research, development, manufacture, marketing and sales of hospital-based medical products, today announced that it has entered…

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Maples and Calder Global Managing Partner Appointed to AIMA Council

Maples and Calder is pleased to announce the appointment of its Global Managing Partner, Henry Smith, to the global Council of the Alternative Investment Management Association (AIMA) following a membership vote at the association’s AGM in London on 20 September…

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Ritz-Carlton Grand Cayman’s balance sheet shows insolvency of $340M

Offshore Alert has announced on their website that: “The Ritz-Carlton, Grand Cayman development appears to be insolvent by at least US$340 million, developer Michael Ryan and related firms took out more than US$44 million from 2005 to 2012 in circumstances…

Government recruitment requests being tied to budget

At the Deputy Governor and Chief Officer’s meeting held on 17th Sep. the recruitment moratorium as required by the budget was discussed. The minutes of the meeting said: “Every request is being looked at in light of the budget for…