Greenlight upgraded to neutral rating
Greenlight Reinsuran (NASDAQ: GLRE) was upgraded by equities research analysts at Zacks Investment Research from an “underperform” rating to a “neutral” rating in a research note issued to investors on Wednesday. Greenlight Capital Re, Ltd. (Greenlight CapitalRe) is a holding…
IndyCar CEO revisits “horrific” week
INDIANAPOLIS (AP) — Randy Bernard knows there are people who blame him for Dan Wheldon’s death, who say the IndyCar CEO pushed the series over the edge. In the 24 hours after the two-time Indianapolis 500 winner was killed in…
Atlanta police arrest Wall Street protesters
ATLANTA (AP) — With helicopters hovering overhead, police moved into a downtown Atlanta park and arrested around 50 Occupy Wall Street protesters who had been encamped there for about two weeks early Wednesday. Like in many other cities, protesters had…
Immigration chief steps down
The Department of Immigration is looking for a new Director of Boards and Work Permits, as the first person to hold the position, Mrs. Sherryl Miller, has decided to retire from the civil service. “It has been a great honour…
Thousands leave flood-surrounded Thai capital
BANGKOK (AP) — Bangkok residents jammed bus stations and highways on Wednesday to flee the flood-threatened Thai capital, while others built cement walls to protect their shops or homes from advancing waters surging from the country’s flooded north. “The amount…
Cayman wins an ‘Oscar’ but no nomination in Leading Cruise Destination
The Ritz Carlton Grand Cayman won The Leading Suite award at this year’s World Travel Awards for the Caribbean. The Wall Street Journal called the event the Oscars of the travel industry. Jamaica dominated the awards and it surely must…
New Maritime fee in place
The Maritime Authority of the Cayman Islands (MACI) is introducing a new Annual Tonnage Fee (ATF) structure, which will come into effect on January 1, 2012. In a bid to remain competitive with other territories, MACI has carried out a…
Gold medals scarce for US at Pan Am Games
GUADALAJARA, Mexico (AP) — Gold proved to be scarce for the United States on Thursday at the Pan American Games. After days of winning title after title, the Americans stalled a bit on Day 6, earning only two gold medals…
No Shanghai surprises for McKeeva
Premier McKeeva Bush led a Cayman delegation to yesterday’s opening of the two-day “China Offshore Summit in Shanghai, and will travel tomorrow to Hong Kong, meet inginvestment managers and a series of private companies. The seven-member delegation left on Saturday…