Archive for November 18th, 2010
Minister Meets with BSX CEO & US Consul
Minister of Business Development and Tourism Patrice Minors continued her schedule of business meetings this week. Yesterday [Nov 17] saw two prominent meetings taking place, one with the US Consul General Grace Shelton and the other with President and CEO of the Bermuda Stock Exchange [BSX] Greg Wojciechowski. In addition to discussing areas of common... Read more of this article
Nov 20 Rugby: Mariners Spirit Day
This coming Saturday [Nov 20] Mariners RFC will hold their Mariners Spirit Day at Somersfield Academy in Devonshire. There will be a host of games played, refreshments available and a fun castle for the kids. The match schedule follows below: 11:00 am Mini Rugby 12:00 pm Old Boys Game 12:45 pm Women’s Seconds Vs The Rest 1:15 pm Men’s Seconds... Read more of this article
Finance Ministry: Gas, Diesel Price Raise
Bermudian drivers will have to shell out more at gas stations starting this week. Across-the-board fuel hikes were announced by the Finance Ministry yesterday [Nov. 17]. Gasoline prices will be increasing by 1.1 cents per litre and diesel by 2.7 cents per litre. The cost of kerosene is also increasing by 2.9 cents per litre As a consequence, maximum... Read more of this article
CBS Travel Editor Broadcasts from Bermuda
Peter Greenberg, one of America’s most recognised and respected front-line travel news journalist, was in Bermuda at the weekend [Nov.13] hosting his nationally syndicated radio show from the Fairmont Southampton Hotel. The Travel Editor for “CBS News” who appears on “The Early Show” and ”The Evening News with... Read more of this article
Construction: 512 Masons on Work Permits
Bermuda’s construction industry enjoyed a period of runaway growth in recent years fuelled by both a dynamic off-shore business sector and condominium developments Bermudians built in the expectation of renting them out to the expatriate workforce. Construction here was significantly impacted by the global recession. Real estate agencies are reporting... Read more of this article
Basketball: Women’s Development Program
The women’s development program of the Bermuda Basketball League will be starting tomorrow [Nov 19] at the Berkeley Institute. Girls, of primary, middle or high school age, are invited to attend. Richard North will lead this initiative with assistance from the newly qualified FIBA Level 1 & 2 Coaches and players from the Varsity Girls Basketball... Read more of this article
8th Annual Bermudian Students Dinner in London
Minister without Portfolio Michael Weeks represented Premier Paula Cox at this year’s 8th Annual Students Dinner held in London for all Bermudians studying in Great Britain. The evening opened with a videotaped message from the Premier. “It is important that our children understand the work of Government and believe that ultimately our efforts... Read more of this article
Today: Observance of Universal Day of the Child
The Universal Day of the Child, held today [Nov 18], is an annual, international celebration in which countries recognize the day when the United Nations adopted the Declaration of the Rights of the Child (1959) and the Convention of the Rights of the Child (1989). The public is invited to the Reading of the Proclamation, by the Minister of Youth, Families,... Read more of this article
RenaissanceRe to Sell US Insurance Business
Bermuda-based provider of reinsurance and insurance services RenaissanceRe Holdings has agreed to sell its US insurance activities to QBE Holdings, which underwrites property, casualty and health insurance products. The proceeds from the divestment, to be paid at closing, are estimated at some $275 million in cash, based on the business’ book... Read more of this article
Stolt-Nielsen Approves Move to Bermuda
Stolt-Nielsen S.A.’s meeting of shareholders saw a vote held on the proposed plan to migrate the location of the parent company to Bermuda from Luxembourg, where SNSA is currently registered. Under the plan, which was recommended by the SNSA Board of Directors, SNSA and Stolt-Nielsen Limited, a recently formed Bermuda company wholly owned by... Read more of this article
Premier Meets with Queen Elizabeth II
This year, Heads of Government of the Overseas Territories were given special audience with Her Majesty Queen Elizabeth II in The Green Room at Windsor Castle. Following the more formal presentation of each leader of the Overseas Territories and their partner, where applicable, each was afforded a more direct exchange on an individual basis. The Premier’s... Read more of this article
