Archive for March 13th, 2019
Cayman National sale to Republic done-deal
(CNS): Republic Financial Holdings Limited (RFHL) has completed its controversial acquisition of Cayman National Corporation Ltd, having purchased the equivalent of 74.99% of the once wholly Caymanian-owned bank at US$6.25 per share. The transaction cost the Trinidad-based bank just under US$198.5 million, according to a press release. Republic has said that all of the current […]
US air regulator grounds Boeing’s 737 Max
(CNS): The United States Federal Aviation Administration finally grounded all Boeing 737 Max aircraft, today, after mounting pressure on the regulator. The ban came sometime after the European Union, Canada, China and many other countries, including the Cayman Islands, as well as airlines from around the world had already stopped operating the planes. Boeing’s newest […]
New chopper expected in days
(CNS): Government officials have said that the new Royal Cayman Islands Police Service helicopter is being fast-tracked to arrive in the Cayman Islands sooner than expected, after the existing machine was damaged recently in a crash landing at the airport. The new chopper, which is being jointly funded by the Cayman and UK governments and […]
DoA defends putting down 3 seized dogs
(CNS): The Department of Agriculture has said that it gave the owner of three dogs, which it said were aggressive and out of control, ample warnings about the failure to keep them secure before the animals were put down on Monday. But in a number of social media postings, the owner of the three dogs […]
Scientists issue dire warning over ocean heatwaves
(CNS): The global ocean has warmed substantially over the past century and scientists are warning that this will have far-reaching implications for marine ecosystems and cause significant problems in the coming decades, economically and socially, around the world. New scientific research, the first of its kind, which was led by Dr Dan Smale from the […]
Brexit chaos rolls on, MPs to vote on ‘no deal’ option
(CNS): Just over two weeks before the United Kingdom is scheduled to leave the European Union after more than four decades, the departure remains in complete chaos after Prime Minister Theresa May’s proposed deal was resoundingly beaten in the House of Commons Tuesday. On Wednesday members of parliament began debating the next proposed vote on […]
GT man denies GBH charges stemming from fight
(CNS): Courtney Ryan (25) appeared in Grand Court on Friday and pleaded not guilty to two GBH charges in connection with a serious stabbing that happened at a home in Watler’s Road earlier this year. Ryan is accused of puncturing the lung of an older man, whom he knew, during a fight just before midnight […]
Judge stops trial in $2M status con case
(CNS): A Grand Court judge has dismissed a jury that had been hearing evidence since last week in the crown’s case against Judith Douglas (54) from George Town, who is accused of scamming a victim of over CI$1.9 million in a con where she had allegedly promised him Caymanian status. In court Tuesday, Justice Tim […]
