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The Largely Positive State of Global Solar

By Glen Martin, The Financialist While the solar industry is going through something of a rough patch in the United States, the sun still shines in other parts of the world – a strong indication that better days are ahead…

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Exoplanet around Alpha Centauri is nearest-ever

By Jason Palmer Science and technology reporter, BBC News Astronomers have found the nearest planet outside our Solar System, circling one of the stars of Alpha Centauri just four light-years away. The planet has at minimum the same mass as…

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Cayman Outlines FATCA Progress at Compliance Conference

Meetings with the US Treasury and the Internal Revenue Service are some of the steps taken by the Cayman Islands Government to ensure compliance with the US Foreign Account Tax Compliance Act (FATCA). Deputy Chief Officer for the Ministry of…

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Cayman’s blue iguanas moves to “endangered” from “critically endangered”

In the updated International Union for Conservation of Nature (IUCN) Red List of Threatened Species, Cayman Islands blue iguanas have taken a step back from the brink of extinction through the efforts of Fred Burton and his team of hard…

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CIMA to Host Risk Management and Internal Controls Seminar

The Cayman Islands Monetary Authority (CIMA) will be hosting an upcoming seminar on Risk Management and Internal Controls. The event, which is scheduled for 29 October to 2 November at the Grand Cayman Marriott Beach Resort, is sponsored by the…

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Ex-Credit Suisse Banker Bagios Barred From Leaving U.S.

From Bloomberg Christos Bagios, the former banker at UBS AG and Credit Suisse Group AG (CSGN) who was arrested in January 2011 amid a crackdown on offshore tax evasion, may not leave Florida to visit Switzerland and Greece, a U.S….

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Gushan Environmental Energy Limited Announces Completion of Going Private Transaction

Eddie Staley, Benzinga Staff Writer Gushan Environmental Energy Limited (NYSE: GU [FREE Stock Trend Analysis]), a manufacturer of copper products and a producer of biodiesel in China, announced today the completion of the merger contemplated by the previously announced agreement…

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Cayman Islands win the women’s division with Pink Foxes runners-up

Kelsie Johnson Guardian Sports Reporter Two straight was the chant the Freeport Alliance squad sang when they boarded the plane to return home yesterday. In grand fashion, once again, the Freeport Alliance Flag Football men’s team captured the annual Bahamas…

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Fitch Downgrades Corsair (Cayman Islands) No.4 Series 6’s Notes; Withdraws Rating

HONG KONG/SINGAPORE, October 09 (Fitch) Fitch Ratings has downgraded and simultaneously withdrawn the rating on the notes of Corsair (Cayman Islands) No.4 Limited Series 6 due to tranche default. The transaction is a synthetic corporate CDO referencing corporate obligations mainly…

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Obama hits back in fiery second debate with Romney and check on facts

A more aggressive Barack Obama buried the memory of a poor first showing as he and Republican presidential challenger Mitt Romney clashed in the second presidential debate in New York. Mr Obama, perceived to have lost their first encounter, came…