Archive for January, 2014
Digicel CEO Responds To Logic Complaint
Digicel CEO Wayne Caines has responded to reports that Logic has filed a complaint with Bermuda Regulatory Authority [RA] regarding their ‘Free Internet Promotion,” saying their “competitors are free to make a similar offer available.” Mr. Caines said, “I wish to respond to the recent news broadcast which reported that... Read more of this article
Sandys School Issued First Aquaculture License
[Updated with video] Sandys Secondary Middle School has been issued the island’s first Aquaculture or ‘aquafarming’ license, Minister of Health and Environment Trevor Moniz said today [Jan 29]. Minister Moniz said, “Aquaculture, also known as ‘aquafarming’, is the farming of aquatic organisms such as fish, crustaceans, molluscs and... Read more of this article
Bermuda Stock Exchange Report: Jan 29 2014
Today [Jan 29] saw a volume of 23,400 shares trade on the Bermuda Stock Exchange, valued at $146,290.00 BD. 12,400 of those shares were traded by Bank of N.T. Butterfield Ltd, which closed at $1.60, even 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 1,231.92,... Read more of this article
Weather Forecast For Thursday January 30
Thursday, January 30 is expected to be rainy early, with increasing winds and thundershowers later in the day, with the high to be near 22°C/72°F and the low to be near 21°C/70°F, according to the Weather Underground. Winds are expected to be from the SSW at 15 to 30 km/h. The relative humidity is expected to be near 91%. Sunrise will be at 7.14am... Read more of this article
Butterfield Receives Three Citywealth Awards
Butterfield [comprising Bermuda-based The Bank of N.T. Butterfield & Son Limited and its international subsidiaries] has received three Financial Centre Awards from Citywealth, the UK-based publisher of wealth-management industry news and directories. Butterfield was named Private Bank of the Year – Caribbean, Trust Company of the Year – Caribbean... Read more of this article
ABIR Comments On Recent IAIS Development
The Association of Bermuda Insurers and Reinsurers [ABIR] in a statement on January 28 to the International Association of Insurance Supervisors [IAIS] expressed its support for international solvency capital standards for insurers but noted that the risk based approach should build upon the extensive investment in regulatory systems already made by... Read more of this article
25 Year Old Woman Admits Theft, Denies Assault
Appearing in Magistrates Court this morning [Jan 29] a 25 year woman was remanded in custody after admitting stealing a can of soda and bag of chips from a St David’s store, while denying additional charges involving assaulting a police officer. Ms Tendora Steede pleaded guilty to stealing a can of ginger-ale and a bag of chips valued at $3.90... Read more of this article
Civil Rights Activist Georgine Hill Passes Away
Georgine Hill, a prominent activist against segregation in Bermuda for many years, passed away this past Monday [Jan 27], at age 95. Originally hailing from Boston, Mrs. Hill brought her pro-equality sensibilities with her when she arrived in Bermuda in 1941 with her husband, the late Mr. Hilton G. Hill. From the time that she arrived on the island,... Read more of this article
ACE CEO: ‘Excellent 4th Quarter & Record Year’
ACE Limited reported net income for the quarter ended December 31, 2013, of $2.90 per share, compared with $2.22 per share for the same quarter last year. Operating income was $2.39 per share, compared with $1.43 per share for the same quarter last year. Evan G. Greenberg, Chairman and Chief Executive Officer of ACE Limited, commented: “ACE had an... Read more of this article
BUEI To Screen ‘In The Hour Of Victory’ Film
The Bermuda Underwater Exploration Institute [BUEI] is getting set to present a special viewing of the award-winning film In the Hour of Victory, followed by a Q&A session with Bermudian film producer Lucinda Spurling and the author of the film’s book, Jonathan D. Smith, tomorrow [Jan 30] starting at 7.30pm. In the Hour of Victory presents... Read more of this article
BZS To Host Reef Watch 2013 Presentation
The Bermuda Zoological Society is getting set to host a Reef Watch 2013 report presentation by Dr. Thaddeus Murdoch on Thursday, February 6 at the Bermuda Aquarium, Museum & Zoo. “Drinks and nibbles” will be available at 5.30pm, with the presentation itself, followed by a Q&A session, kicking off at 6.00pm. For more information... Read more of this article
Colonial, Virgin Look To Get Bermuda Moving
The Colonial Group has joined forces with one of the world’s most recognizable brands to launch a new programme to get Bermuda fit. The Colonial Group has signed an exclusive deal with Virgin Pulse, a member of Sir Richard Branson’s famed Virgin Group, to bring a get fit scheme to Bermuda. “Virgin Pulse is pleased to partner with The Colonial... Read more of this article
