Archive for January 9th, 2012

Results: First Division Football

Results: First Division Football

Four First Division Football took place yesterday [Jan.8], with BAA the big winners of the day storming to a 14 – 0 victory over the Ireland Rangers. Devonshire Colts 1 X’Road’s 3 After a scoreless first half at the Police Field, Lozendro Symonds gave the Devonshire Colts the lead in the 53rd minute with a free kick, however Dennis Musson... Read more of this article

Education Ministry On Principal Issue

Education Ministry On Principal Issue

The Education Ministry last night [Jan. 8] stood by its decision to assign Temporary Executive Principal Terry Cox to Prospect Primary School to work in conjunction with current principal Shangri-La Durham-Thompson. Ms Cox starts work at the school today. The move had been criticised by the Association of School Principals [ASP] and a Prospect Primary... Read more of this article

Assured Guaranty: UK Hospital Bond

Assured Guaranty: UK Hospital Bond

A subsidiary of Bermuda-headquartered Assured Guaranty, Assured Guaranty Europe Ltd. announced today [Jan. 9] it provided a financial guarantee with respect to a UK Private Finance Initiative [PFI] bond issue, originally issued by Worcestershire Hospital SPC Plc on March 31st 1999 to raise £97.2 million to finance the construction and operation of... Read more of this article

Mailboxes: Speak Up Against Duty Hike

Mailboxes: Speak Up Against Duty Hike

In an email sent to customers, Mailboxes Unlimited president Stephen Thomson urged them to contact their MPs, call talk shows or take other actions as a duty hike would be “destructive to both residents and Bermuda as a whole.” The Premier and Finance Minister Paula Cox recently said, “At the airport the rate is 35% however via other... Read more of this article

OBA’s Fahy On Planning Review Delay

OBA’s Fahy On Planning Review Delay

Nothing seems to have happened in the review of Walter Roban’s controversial decisions to grant planning permission to two of his Cabinet colleagues, Senator Michael Fahy said. In November 2011 Mr Roban resigned from his position as Minister for Public Works in November, after coming under fire for his decision to allow Planning appeals by fellow... Read more of this article

Ex-Bermuda Firm Creates Irish Jobs

Ex-Bermuda Firm Creates Irish Jobs

US multinational management consultants Accenture — which recently moved its corporate headquarters from Bermuda to Dublin — is to create 100 new technology jobs in Ireland. The positions are aimed at both graduates and those with industry experience and will be based around the country. These jobs are on top of an earlier four-year programme... Read more of this article

BSX: Record Year For ILS Listings

BSX: Record Year For ILS Listings

The Bermuda Stock Exchange [BSX] broke its record for Insurance Linked Securities last year, for the first time reaching over $3 billion in listed ILS vehicles at the end of 2011. During a busy year where the exchange marked its 40th anniversary and saw the investment in the BSX by the TMX Group – owners of the Toronto Stock Exchange —... Read more of this article

Photos #1: 2012 Fairmont To Fairmont Race

Photos #1: 2012 Fairmont To Fairmont Race

Lamont Marshall and Deon Breary ran away with the 2012 Male and Female Fairmont to Fairmont Titles, with Marshall finishing in 40.14 and Breary clocking a time of 48:15. Douglas Wakiihuri finished second with a time of 40:53 and Jay Donawa finished third clocking 40:58, while Joanna Shillington was the second female finisher in 48:50, and Kristyn Robinson... Read more of this article