Archive for November 14th, 2011

Football: Bermuda Beat Barbados 2 – 1

[Updated - Bermuda won their final qualifying match this evening, besting Barbados 2 - 1, with goals by Nahki Wells in the 46th minute, and Khano Smith who converted a penalty in the 72nd minute. Barbados managed to pull one back late in the game, with Sheridan Grosvenor scoring in stoppage time] Bermuda take on Barbados this evening [Nov.14] in their... Read more of this article

Media Council: No Formal Complaints

The Media Council issued a statement today [Nov.14] saying since the Council was established in February of this year it has received no formal complaints, and that a publicity campaign will be launched this week to raise awareness of the Media Council of Bermuda. The full statement is below: A publicity campaign will be launched this week to raise... Read more of this article

Man Assaulted On Golf Course

The 55-year-old property manager of a golf course was assaulted yesterday afternoon [Nov.13] after approaching men who were riding motocross bikes on the property. After the manager confronted one of the riders, an altercation ensued and the manager received minor injuries, with his assailant being described as a black male about 20 years old, 6’2”... Read more of this article

Copies Of BIU Financials: 2000 – 2009

[Updated] The Bermuda Industrial Union’s annual audited financial statements from 2000 to 2009 have been filed with the Registrar General and as of mid-morning today [Nov.14], were made available for inspection by members of the public. The union had not filed any accounts with the Registrar General since 2003, as required by the Trade Union Act of... Read more of this article

Guilty Plea: Defrauding Guesthouses

In Magistrates Court this morning [Nov.14], 53-year-old Dana Martin pleaded guilty to two charges of defrauding two Bermuda guesthouses over $9,000. The charges stemmed from Mr Martin’s use of guest accommodation at Blue Horizons Guesthouse; running up a bill of $2,875 and then not paying that bill. Martin’s use of that accommodation was between... Read more of this article

Canada Adds BSX To Designated Exchanges

Canada’s Finance Minister has approved the addition of the Bermuda Stock Exchange to that country’s list of designated exchanges. In making the announcement today [Nov.14], Greg Wojciechowski, the BSX’s president and CEO said: “The BSX is delighted to have achieved and been granted this very important designation by Canada’s... Read more of this article

$3,000 Fine For DUI, Assaulting Police

25-year-old guest worker Matthew Marshall this morning [Nov.14] pleaded guilty to one count of driving whilst impaired, and two counts of assaulting police; and was fined a total $3,000. DPP Prosecutor Carrington Mahoney told Senior Magistrate Archie Warner that on 12th November 2011, on Frog Lane in Devonshire during the Rugby Classic games, Mr Marshall... Read more of this article

BELCO Seeks Approval: Rate Increase

The Bermuda Electric Light Company Limited [BELCO] has submitted a proposal to the Energy Commission, seeking permission to increase base rate tariffs from 2012 through 2014. Saying it is sensitive to the impact of the ongoing economic downturn on its customers, the utility has proposed that any increases are kept in line with the island’s official... Read more of this article

Bermuda Clinic Hails Partner’s Breakthrough

Stemedica, the international biopharmaceutical firm which has partnered with Bermuda’s Brown Darrell clinic to conduct adult stem cell treatments on the island, today [Nov.14] announced a potentially revolutionary breakthrough for spinal cord injuries. San Diego-headquartered Stemedica said recent treatments it conducted involving paralysed rats... Read more of this article

Photos/Video: Bermuda Four Ball Winners

The Bermuda Four Ball Championship concluded yesterday [Nov.13] at the Port Royal Golf Course, the Championship Format was reduced from a 54 Hole Better Ball Stroke Play Event for teams of two to a 36 hole tournament due to the weather. Ebonie Burgess and Elizabeth Parson were crowned the Ladies Champions while Nick Mansell and Jarryd Dillas were crowned... Read more of this article

Economic Development Officers Appointed

The Ministry of Economy, Trade and Industry announced two appointments within the Bermuda Economic Development Corporation [BEDC]. Mr. William Spriggs and Mr. Corey Butterfield [pictured at left] have recently joined the BEDC team as Economic Development Officers (EDOs), and will provide support to the newly designated Economic Empowerments Zones in... Read more of this article

J.P. Morgan Upgrades Allied World

Swiss-based Allied World Assurance Co Holdings — which maintains a major Bermuda presence — was upgraded by equities research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued to investors today [Nov. 14]. The analysts currently have a $72.00 price target on the stock. Allied... Read more of this article