Archive for July, 2013

Cabinet Office’s Post G8 Summit Action Plan

The Cabinet Office released a document today [July 30] which they said lays out Bermuda’s “Action Plan” as a follow-up to the G8 Summit held in June 2013. Premier Craig Cannonier said today, “Government’s G8 action plan builds upon the strength and robustness of Bermuda’s legal and prudential regime that provides the platform for the provision... Read more of this article

SAGE Extends Deadline For Awards Programme

The SAGE Commission today [July 30] announced that the deadline for submissions to its Awards Programme has been extended by one week. The deadline, which was 5:00pm on Wednesday [July 31] is now 5:00pm on Wednesday [August 7]. “We’re impressed with the number and quality of the submissions we’ve received, and appreciate the time and effort they... Read more of this article

Photos/Video: Tree Planting Honours Royal Baby

Earlier today [July 30], in a symbolic and celebratory gesture, Governor George Fergusson planted a Princess Palm in honour of the recent birth of HRH Prince George of Cambridge. Two children who were born on the same day as Prince George, July 22, also participated in today’s tree planting. The children’s names, Charlie Calveley and Sofia Nunez... Read more of this article

Bermuda Government Offers $750 Million Bond

[Updated: Barclays and JP Morgan, acting as managers for the Bermuda Government, have offered a $750 million bond for sale at an interest rate of 4.854%.] The Government of Bermuda is planning to issue a US dollar-denominated bond maturing in February 2024, according to a report from Reuters this morning. Earlier this month the news agency reported... Read more of this article

BBFS Youth Footballers Continue In Denmark

Bermuda’s youth footballers from the Bermuda Brazilian Football School [BBFS] continued competing in the Brondy Cup in Denmark, with BBFS recording a draw and a loss on the third day of the competition. BBFS recorded a draw and a loss on the third day of the Brondby Cup. BBFS were held to a scoreless draw vs. BK Skjold and were defeated 3-1 by... Read more of this article

Sentencing Postponed: Codrington Murder Case

Rashaun Codrington — who was only 15-years-old when he murdered another teenager — was due to be sentenced today [July 30] for the murder of 18-year-old Malcolm Outerbridge, however the sentencing has been postponed. Earlier this year Codrington plead guilty to the murder, which occurred in October 2011. This morning saw a variety of legal arguments... Read more of this article

Companies Support School Summer Program

Victor Scott Primary School has successfully completed its summer programme, with donations from local and international companies in Bermuda as well as an individual enabling Victor Scott Primary to offer a structured summer programme at a reasonable rate for parents. This is Victor Scott Primary School’s third time hosting the summer programme.... Read more of this article

OIL Insurance Welcomes Four New Members

Bermuda-based Oil Insurance Limited announced the signing of four new energy companies as members through the first seven months of 2013. They are Alon USA Energy, Inc, Anadarko Petroleum Corporation, Arena Energy, LP and Cenovus Energy Inc. COO George Hutchings commented, “Interest in OIL by energy companies from around the globe continues to... Read more of this article

Ferry Schedule For Cup Match Holiday

The Department of Marine and Ports announced the ferry schedule for the Cup Match holiday on Thursday [August 1] and Friday [August 2]. In addition to the regular routes, there will be an additional service that departs Watford Bridge at 7:30am on Thursday and Friday and returns from St. George’s to Watford Bridge at 8:30pm. Related Stories Blue... Read more of this article

Woman Denies Resisting Arrest & Threats

Appearing in Magistrates Court last week, Stephenie Blyden, 24, pleaded not guilty to resisting arrest, uttering threatening words to police, failing to stop for police, and making a false statement to police. According to Crown Prosecutor Nicole Smith, Ms Blyden is alleged to have told the three arresting officers: “Wait ‘til I see you out of uniform.... Read more of this article

Robert Peretti To Join AXIS Capital Holdings

Bermuda-based AXIS Capital Holdings Limited announced that Mr. Robert E. Peretti will join AXIS Capital as Head of Broker Relations and Distribution effective August 5, 2013. In this newly created position, Mr. Peretti will work closely with our senior executive team to strengthen and expand our strategic relationships with key distribution partners... Read more of this article

Video: Bermuda Junior Squash Players Return

Bermuda’s team returned home last night [July 29] with family and friends out to greet them LF Wade International Airport to celebrate their performances at the Caribbean Junior Squash Championships in Trinidad & Tobago. Coach Runa Reta said she was extremely proud of the performance. Bermuda’s Girls Team and Boys Team finished 5th, while the... Read more of this article