Archive for January, 2014

Bermuda Stock Exchange Report: Jan 30 2014

Bermuda Stock Exchange Report: Jan 30 2014

Today [Jan 30] saw a volume of 66,200 shares trade on the Bermuda Stock Exchange, valued at $109,230.00 BD. All 66,200 shares were traded by Bank of N.T. Butterfield Ltd, which closed at $1.65, up 3.1% on the day. The other 8,000 shares were traded by Somers Limited, which closed at $12.00 per share, also even on the day. The BSX closed at 1,255.53,... Read more of this article

Weather Forecast For Friday January 31

Weather Forecast For Friday January 31

Friday, January 31 is expected to be windy with showers and a few thundershowers likely in the morning, then some lingering showers still possible in the afternoon, with the high to be near 21°C/70°F and the low to be near 21°C/70°F, according to the Weather Underground. Winds are expected to be from the SW at 25 to 40 km/h. The relative humidity... Read more of this article

Temporary Road Closure By Botanical Gardens

Temporary Road Closure By Botanical Gardens

The Department of Parks would like to advise the general public about a temporary road closure restricting access to the Botanical Gardens, the Department of Environmental Protection and the Department of Parks this weekend. The access road into the Botanical Gardens leading from the Peace Lutheran Gate on South Shore Road to the Department of Environmental... Read more of this article

Royal Palms: Top Hotel In Caribbean/Atlantic

Royal Palms: Top Hotel In Caribbean/Atlantic

The Royal Palms Hotel in Bermuda has been recognized as the Top Hotel in the Caribbean and Atlantic region by TripAdvisor as part of the 2014 Traveler’s Choice Awards. Jungle Bay in Dominica placed second, Jamaica Inn in Jamaica placed third, Seven Stars Resort in the Turks & Caicos was fourth, the Cove Eleuthera in the Bahamas was fifth, while... Read more of this article

New Initiative: $100,000 Catlin Marine Grant

New Initiative: $100,000 Catlin Marine Grant

[Updated with video] The Bermuda End-to-End today announced it is creating the Catlin Marine Grant, a three-year $100,000 initiative to support new charitable programmes to increase the awareness of, or promote action to preserve and protect Bermuda’s marine environment. The new initiative is linked to the Catlin Seaview Survey, a series of worldwide... Read more of this article

Bermuda Public School Registration Information

Bermuda Public School Registration Information

The Department of Education announced that registration for the Bermuda Public School System will be held on Wednesday February 5th, Thursday February 6th and Friday February 7th, 2014. The Department is advising parents that changes have been made to the registration process. The following important changes for the upcoming 2014/2015 school year: Preschool... Read more of this article

Man Sentenced To 30 Days For Stealing Broccoli

Man Sentenced To 30 Days For Stealing Broccoli

Appearing in Magistrates Court this morning [Jan 30] a 39 year old man was sentenced to 30 days in prison after admitting stealing almost 10lbs of broccoli from a farm in Southampton. Vernon Symonds thanked Senior Magistrate Archie Warner for sending him to jail, saying: “Thank you. I’m glad this happened. I asked you last week to send me to jail... Read more of this article

Police Statistics Show Crime Is Decreasing

Police Statistics Show Crime Is Decreasing

[Updated with video] Commissioner of Police Michael DeSilva held a press conference today [Jan 30] in order to review the recently released Q4 and Year End 2013 Crime Statistic Report. The Commissioner said, “I am pleased to present what amounts to quite a positive year-end report on crime statistics for 2013. The overall picture is the long-term... Read more of this article

Man Admits Possessing Offensive Weapons

Man Admits Possessing Offensive Weapons

Appearing in Magistrates Court this morning [Jan 30] a 22 year old man pleaded guilty to possessing offensive weapons which he wielding as his girlfriend “hugged up some guy.” Zacchaeus Rawlins pleaded guilty to unlawfully possessing a kitchen knife and possessing an offensive weapon in the form of a construction hammer with a hatchet blade... Read more of this article

BCF Launches With Pledges Over $8 Million

BCF Launches With Pledges Over $8 Million

A new philanthropic institution backed by several million dollars in support from the donor community launches this week, one year after its creation. The Bermuda Community Foundation [BCF] is a grant-making organisation designed to create and manage funds for the good of Bermuda. Its purpose will be to donate money to assist nonprofit organisations... Read more of this article

Fitch: Favourable 2013 Results For Re/insurers

Fitch: Favourable 2013 Results For Re/insurers

According to a new Fitch Ratings report, Bermuda re/insurers will report favorable full year 2013 operating results, driven largely by lower catastrophe losses. The ratings agency said, “However, continued softening market conditions, competition from the growing alternative reinsurance market, and a potential return to more normal catastrophe... Read more of this article

Man Caught After Stealing Woman’s Wallet

Man Caught After Stealing Woman’s Wallet

A 42 year old Devonshire man is in police custody after staff members of the Marketplace chased him down after he stole a women’s wallet from her grocery cart while she was shopping. A police spokesperson said, “Around 1:30pm on Wednesday, January 29th police officers responded to a reported theft at the Marketplace on Church Street in the... Read more of this article