RSSCategory: Business

BIAS Joins ‘Stop Hate For Profit’ Movement

BIAS Joins ‘Stop Hate For Profit’ Movement

BIAS has joined the #StopHateforProfit movement, with the company “stopping all paid advertising on Facebook and Instagram throughout the months of July and August,” with the funds saved to be “given as tuition support to Chinzea Smith, a promising Bermudian studying Diagnostic Medical Sonography at AdventHealth University in Orlando,... Read more of this article

BILTIR Award $30K Scholarship To Taiyana Allen

BILTIR Award $30K Scholarship To Taiyana Allen

BILTIR has awarded a $30,000 scholarship to Taiyana Allen. A spokesperson said, “Bermuda International Long Term Insurers and Reinsurers [BILTIR] has announced it has awarded a $30,000 scholarship to former CedarBridge Academy student Taiyana Allen. “Taiyana, 21, of Southampton Parish, will use the money to study at Georgia State University... Read more of this article

Mohamed Barrie Joins Brown-Darrell Clinic

Mohamed Barrie Joins Brown-Darrell Clinic

Cat Scan technologist Mohamed Barrie has joined Brown-Darrell Clinic. A spokesperson said, “Mohamed Barrie, a highly regarded UK Cat Scan technologist, has joined the staff of Brown-Darrell Clinic. Coming to Bermuda from Kettering General Hospital in Northamptonshire, Barrie has worked in CT and general x-ray for more than ten years. “During... Read more of this article

Foundation Recruiting New Committee Members

Foundation Recruiting New Committee Members

The Bank of Bermuda Foundation announced that it is currently recruiting Review Committee members. A spokesperson said, “Bank of Bermuda Foundation [Foundation] is pleased to announce an opportunity for members of the community to join one of its four Review Committees. The Foundation values diverse perspectives and varied backgrounds. It is committed... Read more of this article

Organized Solutions Answers Call To ‘Level Up’

Organized Solutions Answers Call To ‘Level Up’

Jodi Virgil is no stranger to the art of curriculum design, facilitating and motivating people to reach their goals. A trained educator with over two decades of experience in classrooms, non-profit, hospitality and corporate settings, as Executive Director of Organized Solutions Bermuda, she has enjoyed leveraging her experience and knowledge to empower... Read more of this article

Blue Capital Declares Special Distribution

Blue Capital Declares Special Distribution

Blue Capital Reinsurance Holdings Ltd has declared a special distribution of $0.74 per common share, which is payable on July 30, 2020, to holders of record as of July 15, 2020. A spokesperson said, “Blue Capital Reinsurance Holdings Ltd. has declared a special distribution of $0.74 per common share, which is payable on July 30, 2020 to holders... Read more of this article

Butterfield: Share Repurchases For June 2020

Butterfield: Share Repurchases For June 2020

In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of June 2020, the Bank purchased for Treasury 425,000 Common Shares at an average price of $ 25.29 per share. Related StoriesButterfield Announces Registered Offering Butterfield Completes Acquisition Of... Read more of this article

Arch Re Acquire Majority Stake In PMAP

Arch Re Acquire Majority Stake In PMAP

Arch Reinsurance announced that it has completed its previously announced acquisition of a majority stake in Precision Marketing Asia Pacific [PMAP], with the acquisition increasing distribution in the Asia-Pacific market. A spokesperson said, “The Arch Worldwide Reinsurance Group [Arch Re], part of Arch Capital Group Ltd., today announced that... Read more of this article

Bermuda Stock Exchange Report: July 1 2020

Bermuda Stock Exchange Report: July 1 2020

July 1 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 1,784.44, even on the day. There were 0 advances, 0 declines, and 59 remained unchanged. The full report for the day is available here [PDF]. Related StoriesBermuda Stock Exchange Report: July 7 2020 Bermuda Stock Exchange Report: July 3 2020 Bermuda... Read more of this article

5% Discount On Mon, Tues, Wed To July 29

5% Discount On Mon, Tues, Wed To July 29

The 5% discount on Monday, Tuesday, and Wednesdays will be extended through July 29th, MarketPlace announced. A poster on their social media stated, “Effective immediately surname shopping rules will no longer apply. Person will be able to shop any day, including Sundays. “All person in stores are required to wear a mask at all times. There... Read more of this article

Video: BNV Discussion On Bermuda’s Economy

Video: BNV Discussion On Bermuda’s Economy

[Updated with video] At approximately 2.00pm today [July 1] Craig Simmons, Cheryl Packwood, and Nathan Kowalski will be joining host Don Burgess for another Bernews News & Views video, discussing the island’s economy and the impacts of Covid-19. The pandemic “unleashed both a global health emergency and an unprecedented economic crisis of... Read more of this article

Digicel Bermuda: ‘Nothing Less Than 100mbps’

Digicel Bermuda: ‘Nothing Less Than 100mbps’

Digicel announced that it will be launching a new range of home internet products, with “all residential fibre customers receiving nothing less than 100mbps.” A spokesperson said, “Digicel is launching a new range of home internet products to change how people connect in Bermuda. All Digicel residential fibre customers will now receive... Read more of this article

BTA Launches “Independent Retailer Month”

BTA Launches “Independent Retailer Month”

The Bermuda Tourism Authority [BTA] said they are “working to elevate local brands to overseas consumers as part of ‘Independent Retailer Month,’ happening throughout July.” A spokesperson said, “The campaign, popularised annually in North America, is designed to promote local shopping to local consumers. While the Bermuda... Read more of this article