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Today’s News Headlines 

View: Today’s News Headlines | Top News Headlines for British Virgin Islands on 9/10/2010

Vodafone tax shield in Hutch deal
Fri, 10 Sep 2010 14:11:34 -0700
Mumbai, Sept. 10: Vodafone Plc had withheld a sum of $352 million from the $11.08-billion buyout deal it struck with Cayman Island-based Hutchison Telecom International Ltd (HTIL) in May 2007 to acquire a 67 per cent controlling interest in telecom service provider Hutchison Essar as a way to indemnify itself against future tax claims.

SinoCoking and Coke Chemical Industries, Inc. Announces Coal Supply Agreement with Zhengyun Coal Distribution
Fri, 10 Sep 2010 08:24:00 -0700
SinoCoking Coal and Coke Chemical Industries, Inc. , a vertically-integrated coal and coke processor, announced an agreement with Zhengyun Coal Distribution Co., Ltd. to purchase up to 3 million metric tons of raw and clean coal annually.

RCMP charge 6 in an alleged investment scam
Fri, 10 Sep 2010 07:11:05 -0700
London RCMP have charged six individuals in a fraud scheme estimated to be more than $300,000.

OffshoreNews
Fri, 10 Sep 2010 05:28:31 -0700
The British Virgin Islands Financial Servcies Commission (FSC) today announced an extension to the transition dates under the new Securities and Investment Business Act, 2010 ("SIBA") and Mutual Funds Regulations, 2010 (the "Regulations").

London Design Festival: Capital ideas for interiors
Fri, 10 Sep 2010 04:54:18 -0700
The London Design Festival, now in its eighth year, hasnt stopped growing, now comprising some 200 events all over the city from 19 to 26 September.

Replica ships dock in Florence Harbor
Fri, 10 Sep 2010 01:47:07 -0700
By Robert Palmer Staff Writer The wooden sailing ships docked in Florence Harbor are functioning living history exhibits designed to educate 21st century Americans about the Age of Discovery.

Miguel D. Lausell: Tax Subsidies for Wealthy Foreign Corporations? How Congress Has Already Broken its Most Important ...
Thu, 09 Sep 2010 13:00:17 -0700
Rather than protect about 350 union jobs, Democratic lawmakers have allowed British-owned Diageo to move to the U.S. Virgin Islands where it will take about half of the Federal tax subsidy on rum..

Jumby Bay, Antigua: Liming in the Leewards
Thu, 09 Sep 2010 08:01:32 -0700
Caribbean resorts might all look similar but that doesnt mean they offer the same experience, as Liz Vercoe discovers in Antigua and the British Virgin Islands.

Dont Beat Around the Bush....Go Wild With a Free Night Offer This Autumn at Ulusaba Private Game Reserve
Thu, 09 Sep 2010 07:39:00 -0700
Ulusaba Private Game Reserve , Sir Richard Bransons beautiful award-winning luxury retreat, has a fantastic free night offer available for guests who book to stay between now and the 18th December 2010.

QXM Receives Proposal From its Parent Company XING Regarding Purchase of Minority Shareholdings
Thu, 09 Sep 2010 07:08:07 -0700
BEIJING, Sept. 9 /PRNewswire-Asia-FirstCall/ -- Qiao Xing Mobile Communication Co., Ltd. (NYSE: QXM) ("QXM" or the "Company"), a manufacturer of mobile handsets in the Peoples Republic of China (the "PRC"), today announced that it has received a proposal from its parent company, Qiao Xing Universal Resources, Inc. (Nasdaq: XING, or "XING"), regarding the acquisition of all outstanding ordinary ...

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