Archive for December 22nd, 2011

Alchemy 1st Principle Delists From BSX

The Bermuda Stock Exchange [BSX] announced the voluntary withdrawal of listing, from the BSX, of Alchemy 1st Principle Fund today [Dec.22]. Following the closure of the Alchemy 1st Principle Fund – all Class A shares (EUR, GBP & USD), the BSX has approved the voluntary withdrawal of Listing, effective immediately. Related Stories Bermuda Stock... Read more of this article

24 Hours Left To Win 2 Airline Tickets

There are just 24 hours left for you to win an early Christmas present courtesy of Bernews and United Airlines. As a seasonal “Thank You” to our valued readers and commenters, Bernews is offering a chance to win two round-trip airline tickets courtesy of United valid between Bermuda the US, Caribbean, Alaska, Canada and Mexico. Entry is... Read more of this article

Bermuda Hotels Get Thumbs Up

Oyster.com, the US hotel tell-all website, has been keeping its hotel investigators busy in recent months, now featuring properties in 80-plus vacation destinations — including 11 in Bermuda. Rosewood Tucker’s Point Hotel & Spa, The Fairmont Southampton, the Fairmont Hamilton Princess, Rosedon, Pompano Beach Club, Elbow Beach, Royal... Read more of this article

Oldest Retired Police Officer Dies At 102

Bermuda’s oldest retired police officer, former Detective Inspector Milton Murray Marsh, died on earlier this week at age 102. Commissioner of Police Michael DeSilva said, “On behalf of the officers and staff of The Bermuda Police Service I extend sincere condolences to the family of former Detective Inspector Milton Marsh. “I had the... Read more of this article

KFC: ‘Sustainable’ Changes Needed

Kentucky Fried Chicken issued a statement about the recent cancellation of their agreement with the Bermuda Industrial Union, saying that modification of the agreement is necessary for the company to be sustainable over the long term, and needed for the continuation of the business and preservation of existing employment. On Tuesday [Dec.20] BIU President... Read more of this article

Canadians Capture Goodwill Title

The 59th Bermuda Goodwill concluded with the team from Lambton Golf and Country Club “C” of Canada dominating the senior gross and net divisions. Lambton “C” was led by professional Matthew Yustin, with his club amateurs Mark Keuleman, Mark McCallum and Tim Macklaier. They captured the overall Net Title in the Senior Division... Read more of this article

BSX Approves Global Voyager Listing

The Listing Committee of the Bermuda Stock Exchange [BSX] has approved of the listing of 20,000,000 Ordinary Shares (Six Classes) of the Global Voyager Fund Ltd. and the Short Term Income Institutional Share Class, the latter class being restricted to Qualified Investors, and the Ordinary Shares coming under the BSX general marketing provisions. The... Read more of this article

Police Investigate In Hamilton Parish

At approximately 8.30am this morning a high police presence was seen in the Harlem Heights/Tarrafal Drive area of Hamilton parish, with unofficial sources indicating the police received reports of the “sounds of moaning” coming from the area and/or a possible firearm incident. There were half a dozen marked and unmarked police cars on scene,... Read more of this article

US Tax Expert Dismisses ABIR Claims

An expert on American tax law says arguments made by the Association of Bermuda Insurers & Reinsurers [ABIR] and other industry lobbyists objecting to proposals in Washington DC aimed at closing the “Bermuda loophole” in the US tax code ”appear to be spurious.” And tax law professor Linda Beale dismissed ABIR claims that... Read more of this article

Youth Sailors To Compete Over Holiday

While most children in Bermuda will be enjoying a relaxing Christmas holiday at home, groups of keen youth sailors will be travelling to New Zealand and Miami to compete in the International Optimist Dinghy Association (IODA) World Championship in Napier, New Zealand and the annual Orange Bowl Regatta, hosted by the Coral Reef Yacht Club in Key Biscayne,... Read more of this article

Videos: Hamilton Carolling & Nativity

Carollers spread the joyful message of Christmas in Hamilton last night [Dec.21], led by local radio personality Patrina [Power Girl] Paynter. Approximately 30 carollers started their rounds outside City Hall, then made their way through the Washington Mall, Phoenix, Marks & Spencer, Front Street and, finally, the MarketPlace. MarketPlace allowed... Read more of this article

Bermuda On New CFU Committee

The Caribbean Football Union [CFU] today [Dec.22] completed two days of meetings at the Zurich headquarters of FIFA — soccer’s world governing boday — where a new committee which includes Bermuda has been charged with progressing the union as a whole. The Normalisation Committee will be made up of nine members originating from Bermuda... Read more of this article