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Cayman Islands News

News on Cayman Islands continually updated from thousands of sources around the net.

17 hrs ago | The Fresno Bee

FIFA audit panel member stood down from duty

Canover Watson was questioned last month by police anti-corruption and financial crime units in his native Cayman Islands. He denies wrongdoing.

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Related Topix: Central America, World News

Mon Sep 15, 2014

Sys-Con Media

Consolidated Water Co. Ltd. Declares Fourth Quarter Cash Dividend

Ltd. , which develops and operates seawater desalination plants and water distribution systems in areas of the world where naturally occurring supplies of potable water are scarce or nonexistent, today announced that its Board of Directors has declared a quarterly cash dividend of $0.075 per share. The cash dividend is payable October 31, 2014 to shareholders of record at the close of business October 1, 2014.

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Related Topix: Central America, The Bahamas

Sun Sep 14, 2014

South China Morning Post

Biscuit maker Jiashili opens orders for HK$370m IPO

Jiashili will no doubt seek to counter any concerns by highlighting its product range, which includes mooncakes and shallot-flavoured biscuits, and that it mainly serves the mass market. Photo: Xinhua Hong Kong investors will soon have something new to bite into as one of China's largest biscuit manufacturers opens its order book ahead of a planned initial public offering.

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Related Topix: Central America, World News

Tallahassee Democrat

Anniversary: Bill Maud & Marilyn Maud

They were accompanied by friends Phillip and Diane Speake. We had a wonderful voyage and consumed too much food.

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Related Topix: Central America, World News

Sat Sep 13, 2014

The New Zealand Herald

Cayman Islands prepares for trial of ex-premier

A judge in the Cayman Islands has sworn in a seven-member jury as the government prepares for a corruption trial against a former premier who has been the islands' longest serving politician. McKeeva Bush faces 11 criminal charges in a trial that is scheduled to start on Monday.

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Related Topix: Central America, World News

Fri Sep 12, 2014

Business Journal

Going Tropical: Seattle maritime company buys Caribbean shipping business for $220M

The Seattle-based holding company this week finalized the purchase of Florida-based Tropical Shipping and Construction Co., LTD. The sale, which included the Seven Seas insurance business, closed on Tuesday for $220 million after taxes and other adjustments.

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Related Topix: World News, Central America

National Public Radio

When Investors Buy Alibaba Shares, They Won't Get What They Paid For

When the Chinese e-commerce company Alibaba goes public, it's going to the biggest public offering ever. When investors buy their shares, however, they won't be buying an ownership stake in Ali Baba's profitable websites.

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Related Topix: Science / Technology, Internet, Central America, World News

Thu Sep 11, 2014

Examiner.com

Jammin DC Caribbean and Ethiopian Music and Arts Festival

If you attended last year's Jammin DC, you will remember that it was packed with people who were all too happy to dance to the great soca and reggae tunes at the center stage. This event celebrates the culture of 28 Caribbean nations and territories including Anguilla, Antigua & Barbuda, Aruba, The Bahamas, Barbados, Belize, Bermuda, British Virgin Islands, Cayman Islands, Cuba, Dominica, Dominican Republic, Grenada, Guadeloupe, Guyana, Haiti, Jamaica, Martinique, Montserrat, Netherlands Antilles, Puerto Rico, St. Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines, Suriname, Trinidad & Tobago, Turks & Caicos, and the US Virgin Islands.

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Related Topix: World News, Antigua and Barbuda, Central America, The Bahamas, British Virgin Islands, Netherlands Antilles, Life, Holidays, New Year's Day/Eve

GlobeNewswire

Dgap-PVR: WMF Ag: Release according to Article 26, Section 1 of the...

WMF AG 11.09.2014 19:31 Dissemination of a Voting Rights Announcement, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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PR-inside.com

CAMAC International Corporation - Strategic SWOT Analysis Review - New Market Report

CAMAC International Corporation is an oil and gas exploration company. The company explores, develops, and produces oil and gas.

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Related Topix: Central America, World News

Bloomberg

Aegon's Pelargos Seeks to Triple Japan Alpha Hedge Fund's Assets

Pelargos Capital BV, a Dutch hedge-fund manager spunoff from insurer Aegon NV, is seeking to more than triple over the next three to five years the assets of its Japan Alpha Fund that has outperformed peers. Pelargos is looking to raise money from pension funds, financial institutions and funds-of-funds in Japan, Germany , the U.K. and the U.S., Chief Executive Officer Richard Dingemans said in an interview in Tokyo.

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Wed Sep 10, 2014

Bajan Reporter

10th Anniversary of Hurricane Ivan Symposium in Cayman Islands looks...

The economic consequences of hurricanes in the Caribbean will be one of the featured sessions at a two day symposium to commemorate the 10th Anniversary of Hurricane Ivan in Grand Cayman, Cayman Islands from September 10-11, 2014. Mr. Ronald Jackson , Executive Director, of the Caribbean Disaster Emergency Management Agency , will be the key speaker at the session which will be held on Thursday 11th September.

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Daily Kos

MN-Sen: Al Franken (D) Calls For Closing The Inversion Tax Loophole

Bermuda. Ireland. The Cayman Islands. All lovely vacation spots, I've heard. Also desirable destinations for American corporations looking to avoid paying taxes.

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Related Topix: US Politics, Senator Al Franken, US News, US Senate, Democrat, World News, Central America

Sun Sep 07, 2014

Caribbean News Now!

Cayman-based investment advisor sentenced for using offshore accounts to launder and conceal funds

Joshua Vandyk, an investment advisor based in the Cayman Islands, was sentenced on Friday to serve 30 months in prison for conspiring to launder monetary instruments. Vandyk, a US citizen, and Eric St-Cyr and Patrick Poulin, Canadian citizens, were indicted by a grand jury in the US District Court for the Eastern District of Virginia on March 6, and the indictment was unsealed March 12 after the defendants were arrested in Miami.

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Related Topix: Prison, Central America

Tallahassee Democrat

Anniversary: Bill Maud & Marilyn Maud

They were accompanied by friends Phillip and Diane Speake. We had a wonderful voyage and consumed too much food.

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Related Topix: Central America, World News

Sat Sep 06, 2014

Daily Kos

Corporate Privilege

I wrote a diary not too long ago, explaining how U.S. corporations artificially hide U.S. profits as "foreign profits." It is nothing more complicated than accounting tricks.

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Related Topix: Central America, World News, US News, Liberal Political News

The Miami Herald

FIFA audit panel asks member to explain his arrest

Canover Watson was detained in his native Cayman Islands on Aug. 28 by police anti-corruption and financial crime units. Local media reported Watson was quizzed about alleged money laundering and abuse of public office.

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Football.co.uk

FIFA watchdog member arrested

One of the eight members of FIFA's financial watchdog has been arrested by police on suspicion of corruption and money-laundering. Canover Watson, a businessman from the Cayman Islands and vice-president of the Caribbean Football Union, has denied the allegations.

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Goal.com

Fifa financial watchdog official arrested over money-laundering claims

One of the members of Fifa's financial watchdog body has been arrested on suspicion of corruption and money-laundering. Canover Watson, who sits on the committee for audit and compliance and is also vice-president of the Caribbean Football Union, was detained by police in the Cayman Islands last week as part of an investigation into the billing contracts for a hospital swipe-card system.

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Related Topix: Central America, World News

Fri Sep 05, 2014

The Gleaner

Fishermen released from police custody

T wo Jamaican fishermen who arrived in the Cayman Islands after reportedly experiencing difficulties at sea, were released from police custody recently, THE WEEKEND STAR has learnt. According to www.cayman27.com.ky , the pair, who are believed to have arrived in Cayman Brac in a 28-foot canoe last Monday morning, declared to authorities that they were experiencing problems at sea, and were attempting to return to their homeland.

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Related Topix: Central America, World News

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