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…
Types of injuries covered under Liability Insurance
As a business owner, you face different challenges every day. From employees causing damage to a customer’s property during a service call to thunderstorms causing power issues with your store’s refrigerators, anything can go wrong. The most costly liability you…
Cayman: Government seeks to prosecute Stipend Fraudsters
An inadvertent data breach at the Ministry of Border Control & Labour has identified suspected fraud by a number of recipients of the Displaced Tourism Employees Stipend. Deputy Premier and Minister for Border Control & Labour Hon. Chris Saunders said,…
A 2022 Bitcoin Bill now allows Californians to pay state services with crypto
As the political world tries to catch up with the expansion of digital currencies, a bill has been introduced to make Bitcoin specifically legal in the state of California. It would let citizens of the state pay for their state…
What? A one world banking system – Martin
By Melissa Martin “History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance.” –James Madison Do you want a one…
IMF Global Debate Highlights
The US Federal Reserve chairman Jerome Powell signaled a half-point rate hike is in the cards soon to combat inflation at the IMF on Thursday (April 21) in Washington, DC. “The thing I want to say, though, is we really…
