77006 results returned for search: "" category "Business"
Despite the Cayman Islands’ booming economy, poverty remains a substantial problem.
The Government’s Needs Assessment Unit gave financial support to 2,059 families in 2018, including rent money for 543 families and paying electric and water bills for...
DATE: Feb 13, 2020
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CATEGORY:
Other
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In the fourth day of a five-part series on the Cayman Islands’ economic growth story, we hear concerns about some of the side-effects of rapid development and population increase.
Unease is growing among Caymanians over the pace and scale of develop...
DATE: Feb 13, 2020
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CATEGORY:
Other
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Appleby Global Services’ Bermuda office has celebrated its one year anniversary and the onboarding of “100 structures”.
The business is the specialist trust and corporate services provider of international law firm Appleby.
The structures on-boarded ...
DATE: Feb 13, 2020
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CATEGORY:
Local Business
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AUTHOR:
Business Staff
The average Caymanian is not having a better life as a result of an economic boom, an opposition lawmaker argues.
Kenneth Bryan, at 39 the youngest Member of the Legislative Assembly, said increasing demand for goods and services was driving up livin...
DATE: Feb 13, 2020
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CATEGORY:
Other
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Lawyer Alex Potts QC has left the Bermuda office of international law firm Kennedys to become head of the litigation and restructuring practice in the Cayman Islands office of Conyers.
The firm said Mr Potts’s appointment follows a recent expansion w...
DATE: Feb 13, 2020
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CATEGORY:
Other
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AUTHOR:
Business Staff
Troy James Hogg has been named in two lawsuits filed in Los Angeles.
The complaints allege breach of contract and fraud, with one brought by film producer Tommy Alastra, who is seeking damages of at least $200,000.
The second complaint has been broug...
DATE: Feb 13, 2020
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CATEGORY:
Other
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American International Group has reported a profit of $922 million, or $1.03 per diluted common share, for the fourth quarter.
That compares to a net loss of $622 million, or 70 cents per share, in the prior-year quarter.
The company said the improve...
DATE: Feb 13, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Shares that totalled $120,292 in value were traded on The Royal Gazette/BSX Index, but there was no change to the closing price of the three stocks that saw activity.
Some 30,000 shares of One Communications Ltd were traded, and 100 shares of Ascenda...
DATE: Feb 13, 2020
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Business Staff
Ten students from Berkeley Institute learnt about career opportunities in the life re/insurance sector at a lunch and learn session organised by Bermuda International Long Term Insurers and Reinsurers.
The organisation said that Scott Selkirk, of Som...
DATE: Feb 12, 2020
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Medical tourism is showing promise as an extra pillar for the Cayman Islands economy.
At the heart of this relatively new industry is Health City Cayman Islands, which is owned and operated by Indian healthcare giant Narayana Health, and which opened...
DATE: Feb 12, 2020
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CATEGORY:
Other
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