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Oscar Pistorius case: Top detective brought in

South Africa’s top detective is to take over the Oscar Pistorius inquiry amid attempted murder accusations against current lead officer Hilton Botha. Detective Botha was removed pending the result of an investigation into seven counts of attempted murder. National police…

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Stock markets fall after US Fed comments

Global stock markets have fallen after some members of the US central bank suggested its stimulus measures may be increasing the “risks of future economic and financial imbalances”. The comments came in minutes of the Federal Reserve’s last meeting, where…

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United slashes business class baggage limits, adds $200 fee

By John Walton United Airlines is cutting baggage allowances with immediate effect for business and first class passengers across its network. Business class passengers’ luggage limit is now two bags of 32 kg each, down from three bags. The airline…

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CRFM Ministerial Sub-Committee on Flyingfish to meet in Port of Spain, Trinidad

“…the flyingfish has been recognised as the single most important small pelagic species in the southern Lesser Antilles.” BELIZE CITY, BELIZE; THURSDAY, FEBRUARY 21, 2013 – On Friday, 22 February 2013, the Caribbean Regional Fisheries Mechanism (CRFM) will convene a…

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UK borrowing set to rise despite January surplus

By Richard Johnstone Public Finance UK The public sector recorded a surplus of £11.4bn in January, latest figures show, but analysts say the government is still unlikely to meet its borrowing target this year. The January surplus, announced today by…

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WSP Holdings Limited Enters into Definitive Agreement for Going Private Transaction

WUXI, China, Feb. 21, 2013 /PRNewswire/ — WSP Holdings Limited (NYSE: WH) (“WSP Holdings” or the “Company”), a leading Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in oil and natural gas…

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Grand Cayman’s Floating Restaurant

by JetSetSarah I know: those tepid Caribbean waters feel so good you never want to leave them. The Ritz-Carlton Grand Cayman knows, too. That’s why guests of the swanky Seven-Mile Beach resort can drink and dine without ever emerging from…

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Digicel Limited Commences Tender Offer And Consent Solicitation For Any And All Of Its 12% Senior Notes Due 2014

KINGSTON, Jamaica, Feb. 19, 2013  /PRNewswire/ —  Digicel Limited (“Digicel” or the “Company”) today announced that it has commenced a cash tender offer, on the terms and subject to the conditions set forth in the Company’s Offer to Purchase and…

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PS restructure under way in the Cayman Islands

Work to completely restructure the Cayman Islands Public Service is underway in response to a 2010 consultant report to Government. The restructure, nicknamed “Project 1” is being led by chief officers in the public sector, along with an unnamed “expert”…

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More Expats Are Heading To The Cayman Islands Than Ever

By Justin Harper, The Cayman Islands has seen a rise in foreign workers despite increasing levies they pay and announcing plans to lift the lid on the tax have. The British overseas territory saw its number of foreign workers increase…