Caymans

He hath founded it upon the seas

Tuesday, Oct 22, 2019

Cayman magistrate acquits Bermuda magistrate in traffic case

Cayman magistrate acquits Bermuda magistrate in traffic case

Magistrate Valdis Foldats, who normally sits in the Cayman Islands summary criminal courts, cleared a magistrate in Bermuda yesterday after he had been drafted to the fellow British territory to hear a traffic case against Khamisi Tokunb...

Job fair stirs up controversy

Job fair stirs up controversy

The Verdant Isle consortium, which has been selected by government to take on the controversial cruise and cargo port project, has confirmed that it will be hosting a job fair ahead of the people-initiated referendum.

2019 set to be a record turtle-nesting season

2019 set to be a record turtle-nesting season

As Cayman’s turtle-nesting season nears the homestretch, the Department of Environment said it has already been one of its busiest to date.

Firefox update adds detailed tracking reports and password tools

Firefox update adds detailed tracking reports and password tools

Back in June, Firefox launched Enhanced Tracking Protection, a feature that tries to protect your privacy by blocking more than a thousand third-party trackers by default. With its latest update, which you can download today, Firefox now...

Indian tech group Infosys rocked by whistleblower claims against CEO Salil Parekh

Indian tech group Infosys rocked by whistleblower claims against CEO Salil Parekh

Allegations of misconduct at one of India's largest tech companies have sent its stock plunging.

Universities 'oblivious' to campus racial abuse

Universities 'oblivious' to campus racial abuse

Universities 'oblivious' to campus racial abuse

Universities 'oblivious' to campus racial abuse

With about a quarter of minority students affected, universities must tackle harassment, a report says.

Influencers' Instagram posts banned by watchdog

Influencers' Instagram posts banned by watchdog

Influencers' Instagram posts banned by watchdog

Influencers' Instagram posts banned by watchdog

Influencers' Instagram posts banned by watchdog

A trio of influencers have had Instagram posts touting diet products banned by the UK's ad regulator.

UK 'should consider legalising drug possession'

UK 'should consider legalising drug possession'

UK 'should consider legalising drug possession'

The government should investigate decriminalising the possession of all illegal drugs in a bid to prevent the rising number of related deaths, a group of MPs has said.

Half the world's banks are too weak to survive downturn - McKinsey

Half the world's banks are too weak to survive downturn - McKinsey

A new survey from consultancy McKinsey & Co has found that a majority of banks globally may not be economically viable because their returns on equity aren’t keeping pace with costs.

UBS to cut 40 Asia trading, investment banking jobs below VP level

UBS to cut 40 Asia trading, investment banking jobs below VP level

Global banks including UBS, Citigroup, Deutsche Bank and HSBC are cutting staff to rein in costs as the industry deals with difficult trading conditions, sputtering economies and the impact of trade tensions on cross-border deals.

Police crack down on drunk driving after brunch

Police crack down on drunk driving after brunch

Those looking to sip a few bubbles at Sunday brunch, beware – police say they’re cracking down on motorists who have had too many mimosas.

‘Inspire’ summit urges collaboration over competitiveness among women

‘Inspire’ summit urges collaboration over competitiveness among women

Women are making strides in the male-dominated financial industry, but those within the industry believe more progress can be made through greater collaboration among women pursuing careers in financial fields.

FOI request takes over a year

FOI request takes over a year

In August 2018 CNS made a freedom on information request to the commerce ministry for a copy of a deal it had signed with TechCayman, a proposed digital platform that the ministry claimed would make Cayman the ‘Silicon Valley’ of the Car...

Underwater trip to raise awareness

Underwater trip to raise awareness

With over 20 acres of pristine coral reef and two historic shipwrecks in the direct line of fire from the proposed cruise berthing facility in George Town, a number of local environmental campaign groups have come together to organise an...

Swiss banks are charging millionaires to store their money

Swiss banks are charging millionaires to store their money

Swiss banks are charging millionaires to store their money

Instead of paying interest on deposits, Swiss banks are starting to charge wealthy customers to stash their cash.

There are more wealthy Chinese than Americans for the first time

There are more wealthy Chinese than Americans for the first time

For the first time, there are more rich Chinese than Americans in the top 10%.

Quote of the Day

Success is walking from failure to failure with no loss of enthusiasm.
Winston Churchill

Jamie Dimon says Libra will never happen, and he wishes he could take JPMorgan private

Jamie Dimon says Libra will never happen, and he wishes he could take JPMorgan private

Jamie Dimon doesn't think Libra, Facebook's embattled cryptocurrency project, will ever get off the ground.

JPMorgan wants to hire also people with registered criminal record, not only bankers

JPMorgan wants to hire also people with registered criminal record, not only bankers

JPMorgan wants to give people with criminal records a second chance at a good job, as there is no evidence that they are less trustable then bankers anyway.

Entrepreneurs' tax break fails to boost investment, finds IFS

Entrepreneurs' tax break fails to boost investment, finds IFS

Thinktank says low rates of capital gains tax on business income do not encourage them to invest more.

Bugatti’s Most Extreme Car

The Bugatti one-off Vision GT, which now has a fully new Chiron engine! It’s their vision of the ultimate track car and was made to feature in the game Gran Turismo.

BizBriefs

BizBriefs

EY Connect Day supports two local non-profits. Employees from EY Cayman Ltd. joined over 23,000 volunteers from EY in the Americas for EY Connect Day, an annual day of service in their local communities.

Hacking the hackers: Russian group hijacked Iranian spying operation, officials say

Hacking the hackers: Russian group hijacked Iranian spying operation, officials say

Russian hackers piggy-backed on an Iranian cyber-espionage operation to attack government and industry organizations in dozens of countries while masquerading as attackers from the Islamic Republic, British and U.S. officials said on Mon...

Caymans