Dreamliner: Boeing ‘may never find battery fault cause’
By Will Smale, Business reporter, BBC News Boeing has admitted that it may never know what caused the battery malfunctions that resulted in all its 787 Dreamliner aircraft being grounded. The admission came from Boeing’s Larry Loftis, the general manager…
Women on top: Phl among most gender equal nations
By Camille Diola (philstar.com) MANILA, Philippines – The World Bank identified the Philippines as a world leader in gender equality, particularly in the fields of legislation, management and government. In its World Development Indicators report released on Thursday, the international…
“Alternative Alternative” Investments: Super-specialized asset classes attracting attention
Charles Paikert, Family Wealth Contributing Editor in New York City Thinking of investing in wine, fine art or rare stringed instruments? If so, and if you were in Manhattan on Tuesday night, The New York Hedge Fund Roundtable seminar on…
Ex-HSBC man accused of taking Swiss Bank data says US told him to go to Spain
Tom Burroughes, Group Editor, Family Wealth Report Herve Falciani, the former HSBC employee who is wanted by Swiss authorities on suspicion of stealing confidential banking information now being used by international financial investigators, claims US officials warned him he was…
Mourant Ozannes rehires Appleby Guernsey corporate head
By Alex Newman Offshore firm Mourant Ozannes has re-hired Appleby corporate and commercial practice head Barney Lee in Guernsey. Lee, who spent five years in Mourant Ozannes’ Guernsey office prior to joining Appleby in 2010, specialises in investment funds, finance…
Shawbrook Bank takes on offshore and trusts
From Mortgage Introducer Shawbrook Bank’s commercial lending team has extended its proposition to consider funding applications from offshore companies and trusts following feedback from its network of brokers. Shawbrook has taken on offshore and trusts – 19 April, 2013 Offshore…
Style Network announces a Reality Series for Cayman’s Selita Ebanks
From Vibe Vixen Selita Ebanks is ready to show fans that she’s more than just a pretty face. The 30-year-old supermodel will star in Selita, a docuseries for Style Network. According to Variety, the show will follow the Cayman Islands…
Govt to settle out-of-court with Vodafone?
Nagendar Sharma and Gaurav Choudhury, Hindustan Times The government has sought the views of its top law officer — the Attorney General — on the legal viability of hammering out an out-of-court settlement with British telecom giant Vodafone on its…
Austrians favour lifting of banking secrecy rules
From Oman Tribune VIENNA: Austrians disagree with their government over the need to maintain the country’s banking secrecy, according to polls published on Saturday which showed a majority in favour of lifting the controversial measure. A Gallup poll for the…
Chancellor warns British tax havens to comply with international tax laws or lose Crown dependency status
By Alex Brummer This Is Money British Crown dependencies, such as the Cayman Islands and British Virgin Islands, are in line for a tax clampdown. Finance ministers from the Group of 20 advanced and emerging market countries have urged the…