Archive for May, 2013

Basketball: Robin Hood Warriors & Storm Win

Last night’s [May 29] CellOne Elite City League doubleheader started with the Robin Hood Warriors taking on the Trinity Sound Lions. The Warriors proved to do just enough to defeat the Lions, 48-37. The Warriors were led in scoring by John Lee [13], fresh off of national team duty, while Reggie Tolosa led all scorers with 15. The Lions are still... Read more of this article

Valeant Buys Bausch & Lomb For $8.7 Billion

Valeant — the Bermuda the Bermuda-domiciled pharmaceuticals group — announced on Monday [May 27] it plans to acquire Bausch & Lomb for $8.7 billion. The acquisition of the privately held ophthalmology business marks the biggest of the 60 takeovers made by Michael Pearson since he took over the leadership of the company which has its... Read more of this article

CD&P Acts For AXIS On $200 Million Offering

Hamilton legal firm Conyers Dill & Pearman [CD&P] has provided Bermuda law advice to AXIS Capital Holdings on its offering of $200 million of its 5.5 percent Series D preferred shares. The offering was made pursuant to an effective shelf registration statement and closed on 20 May. In addition, AXIS Capital — the Bermuda-based holding... Read more of this article

BSoA Offering Art Classes And Workshops

The Bermuda Society of Arts [BSoA] is offering a selection of adult art classes and special workshops to help fill both the days of summer and the early autumn evenings. There are only three spaces left for “iPad & iPhone Workshop” being conducted by Theresa Airey which begins this Saturday [June 1]. “We also offer other workshops... Read more of this article

Assured Guaranty Corp. Hires Jeffrey M. Brown

Assured Guaranty Corp. [AGC] — a wholly owned, indirect subsidiary of Bermuda-based holding company Assured Guaranty Ltd. — has hired Jeffrey M. Brown as a director in its Financial Institutions group. He will focus on developing solutions for insurance industry clients and report to Dan Bevill, managing director of Financial Institutions. “It’s... Read more of this article

Weather Forecast For Thursday May 30

Thursday May 30th is expected to be partly cloudy, becoming mostly cloudy later, with the high to be near 24°C/76°F, and the low to be 20°C/68°F. The Bermuda Weather Service’s forecast for Thursday says: “Winds easterly light to moderate, gradually easing east-southeasterly light to moderate”. The relative humidity is expected to be... Read more of this article

Photos: Anglican Bishop’s Consecration Service

A colourful — and spiritual — ceremonial procession to the Cathedral of the Most Holy Trinity this evening [May 29] marked the beginning of the consecration and ordination of Rev. Nicholas Dill as the new Bishop of Bermuda. As the procession was underway, the worshippers who crowded the Anglican Cathedral along with the family and friends... Read more of this article

PLP Questions Premier On Private Jet Travel

Reports that Premier Craig Cannonier and Minister of Tourism Shawn Crockwell “accepted a private jet ride from a developer bidding on the Club Med property is very troubling,” said Shadow Minister of Tourism Wayne Furbert. “If this story is true, this represents a serious breach of ethics and places a cloud over the whole Club Med... Read more of this article

Police Appeal: Locating 15-Year-Old Male [Found]

[Updated] The Bermuda Police Service are appealing for the public’s assistance in locating 15 year old Zackary Fox. A police spokesperson said, “The teenager is described as light skinned, approximately 5’3” tall weighing around 115 -120 pounds. “He is known to frequent the Fentons Drive, Happy Valley Road Pembroke area and has apparently... Read more of this article

Cruise Line Cancels Next 6 Sailings Due To Fire

The Grandeur of the Seas has cancelled its next six sailings following Monday’s fire, which will impact three of its scheduled trips to Bermuda. A Royal Caribbean spokesperson said, “Unfortunately, due to the time needed to repair the damage caused by the fire, it is necessary to cancel Grandeur of the Seas’ next six sailings. The ship... Read more of this article

Inflation Rate Ticks Up By 1.7 Percent In April

Consumers paid 1.7 percent more in April 2013 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI] according to the latest report from the Department of Statistics. The annual rate of inflation slipped 0.4 of a per cent from the 2.1 per cent measured in March 2013. Between March 2013 and April 2013,... Read more of this article

Cricket: Pitcher & Dore Players Of The Week

Logic Communications and the Bermuda Cricket Board are embarking on their second year partnership sponsoring senior domestic 50 overs cricket and awarding Players of the Week. The Logic Premier Division Player of the Week is OJ Pitcher of St. David’s, while the Emerging Player of the Week is 16-year-old Alex Dore of Rangers. The Logic Premier... Read more of this article