IEyeNews

iLocal News Archives

Money

The unspoken rules for gamblers: Land-based casino etiquette

If you’re new to the world of gambling, or even if you’ve been around for a while, you may not be aware of the unspoken rules for casino etiquette. In this blog post, we’ll go over some of the most…

“EU must become independent of Russian energy”

The EU must make Europe independent of Russian energy sources. In this context, the focus is primarily on reducing energy consumption. The mechanical engineering industry offers a wide range of solutions. Brussels/Frankfurt 17/05/2022 – Commenting on the European Commission’s RePowerEU plan,…

IOC and Airbnb Athlete Travel Grant applications open for a second year

03 May 2022 – The International Olympic Committee (IOC) and International Paralympic Committee (IPC), in partnership with Worldwide Olympic Partner Airbnb, are once again offering athletes the opportunity to apply for a USD 2,000 Airbnb Athlete Travel Grant to support them on…

Cayman Islands Government 1st Quarter Results Surpass Budget 

Grand Cayman, 11 May 2022 – Deputy Premier and Minister for Finance & Economic Development, Hon. Chris Saunders, presented the Cayman Islands Government’s unaudited financial report for the First Quarter of 2022 (1 January to 31 March) to Cabinet on Tuesday,…

IMF / Western Hemisphere Department’s Regional Economic Outlook

The War in Ukraine, higher inflation, tighter financial conditions, economic decelerations of key trading partners, and social discontent may dim growth prospects for Latin America, the IMF announced Tuesday (April 26). IMF Director of of the Western Hemisphere Department Ilan…

Kia announces 1Q 2022 business results

1Q global sales totaled 685,739 units, little changed from 689,990 a year ago 1Q revenue at KRW 18.36 trillion, up 10.7% from KRW 16.58 trillion, 1Q operating profit at KRW 1.61 trillion; net profit KRW 1.03 trillion Operating profit margin…

IFAD Vice President to meet Prime Minister Edouard Ngirente and ministers in Rwanda 

Investments in climate smart, small-scale agriculture in support of rural women and youth at centre of discussions Rome, 5 May 2022 – The Vice President of the International Fund for Agricultural Development (IFAD), Dominik Ziller, will meet with Edouard Ngirente, Prime…

Cayman: Butterfield adjusts rates in response to FED Funds increase

Butterfield Bank (Cayman) Limited (“Butterfield”) announced that, in step with the recent increase in the US Federal Funds Rate, it has adjusted its Prime Rate for US and CI dollar lending for residential mortgages, consumer loans and corporate loans. The…

Statement on findings of the OAG Report on the Dubai World Expo and the Cayman Islands Overseas Offices

Grand Cayman, 03 May 2022 – The Deputy Governor the Hon. Franz Manderson has concluded his internal investigation resulting from the Office of the Auditor General (OAG) report entitled “The Dubai World Expo and The Cayman Islands Overseas Offices –…

Butterfield Reports First Quarter 2022 Results 

Financial highlights for the first quarter of 2022: Net income of $44.4 million, or $0.89 per share, and core net income1 of $44.7 million, or $0.90 per share Return on average common equity of 19.7% and core return on average…