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The James Webb Space Telescope

The James Webb Space Telescope (sometimes called JWST) is a large, infrared-optimized space telescope. The project is working to a 2018 launch date. Webb will find the first galaxies that formed in the early Universe, connecting the Big Bang to…

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Caelus Re 2013 cat bond completes, gets rated, lists on Cayman exchange

From artemis.bm U.S. insurer Nationwide Mutual’s latest catastrophe bond, Caelus Re 2013 Ltd., has now completed successfully, received its final rating from Standard & Poor’s and the notes and five-year shelf programme have been admitted for listing on the Cayman…

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Recovering Queen Signs Commonwealth Charter

From UK Sky News The monarch signs the Commonwealth charter after skipping an earlier event, as she continues to recover from gastroenteritis. The Queen has missed a service at Westminster Abbey but gone ahead with the signing of the new…

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Petrus Advisers completes re-domiciliation of Special Situations Fund to Cayman Islands

From hedgeweek Petrus Advisers has re-domiciled its Petrus Advisers Special Situations Fund from Jersey to the Cayman Islands.The decision to move the fund came as a result of investor demands, enabling institutional investors to invest in the fund and creating…

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Low Fuel Costs for Fishermen

The recent rise in fuel prices has left fishing boat owners, both international and local, struggling to make ends meet and asking what measures can be taken to reduce the heavy burden of increased fuel cost. Due to the litres…

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AHAB’s claims against Maan Al Sanea Companies to proceed to trial in Cayman

March 11, 2013 WASHINGTON – The Grand Court of the Cayman Islands has rejected the latest efforts by the Liquidators of Maan al Sanea’s companies in the Cayman Islands to dismiss portions of Ahmad Hamad Algosaibi & Brothers’ (AHAB) case. …

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UPDATE: Woman mugged in GT Tue (12) morning

UPDATE from RCIPS 12:07pm Tue Mar 12 A 64-year-old woman had her gold necklace snatched by a male on a bicycle in George Town this morning (Tuesday, 12 March 2013). About 9.05 am the woman was walking in Tigris Street,…

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Delhi rape case accused Ram Singh’s death ‘a lapse’

The death in prison of a suspect in the rape and murder of a female student in India’s capital, Delhi, was a major lapse in prison security, Indian Home Minister Sushilkumar Shinde has said. Mr Shinde said action would be…

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Cardinals gather for final pre-conclave discussions

By Michael Hirst, BBC News, Rome Global leaders of the Roman Catholic Church meeting in the Vatican have held their final group discussions ahead of the election of the new Pope. Some 161 cardinals have spoken during the 10 General…

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Chris Huhne and Vicky Pryce jailed for eight months

Former cabinet minister Chris Huhne and his ex-wife Vicky Pryce have each been jailed for eight months for perverting the course of justice. Huhne, 58, had admitted asking Pryce to take his speeding points to avoid losing his licence in…