Archive for February, 2014

Bermuda Stock Exchange Report: Feb 27 2014

Today [Feb 27] saw a volume of 2,600 shares trade on the Bermuda Stock Exchange, valued at $5,645.00 BD. 2,500 shares were traded by Bank of N.T. Butterfield Ltd, which closed at $1.99 per share, a jump of 7.6% on the day. The final 100 shares were traded by West Hamilton Holdings Ltd, which closed at $6.50 per share, even on the day. The BSX closed... Read more of this article

Cell Number Portability Set To Start March 3rd

[Updated] Number Portability for mobile to mobile is set to start on Monday 3rd March, and from this date onward all mobile customers will have the ability to keep their numbers when changing carriers. The Regulatory Authority said, “In preparation for the implementation of number portability, many of Bermuda’s carriers had to make changes... Read more of this article

Police Appeal: Help Locate Missing Man [Found]

[Updated] The police are appealing for assistance in locating 30 year old Kanaz Tuzo, who has apparently been missing since Monday [Feb 24]. A police spokesperson said, “The Bermuda Police Service is appealing for the public’s assistance in locating 30 year old Kanaz Tuzo, who has apparently been missing since Monday, February 24th. “Mr.... Read more of this article

Video: BIU President Responds To 2014 Budget

BIU President Chris Furbert held a press conference today [Feb 27] to respond to the 2014/15 Budget, which was delivered last Friday, and said that in light of the pay cuts agreed to by the Union, Finance Minister Bob Richards should explain why the over spending occurred. Mr Furbert said, “The Bermuda Industrial Union is very concerned about... Read more of this article

Bermuda To Host Sargasso Sea Conference

On March 11th governments from across the world will travel to Bermuda to sign the Hamilton Declaration on Collaboration for the Conservation of the Sargasso Sea. The Declaration is a non-binding political statement that will be signed by various governments who are interested in voluntarily collaborating on efforts to conserve the Sargasso Sea –... Read more of this article

Today’s Child Development Event Postponed

The Child Development Programme’s workshop scheduled for this evening [Feb 27] has been postponed, and will now take place on March 6th. A spokesperson said, “Due to the inclement weather forecasted for this evening, the Child Development Programme’s Red Flags Guide for Childcare Providers workshop has been postponed. The new date and time... Read more of this article

EY Partner To Speak At SIFMA’s Conference

Craig Redcliffe, Partner specializing in insurance- and risk-linked assets at Financial Services firm EY will participate in a panel discussion titled “The Tail that Wags the Dog: Recent Developments in Tax, Legal and Accounting for IRLS” on March 5 at SIFMA’s 2014 Insurance- and Risk-Linked Securities [IRLS] Conference at Grand Hyatt New York. Mr.... Read more of this article

Minors Receives University Football Scholarship

[Updated] Berkeley Institute Deputy Head Boy Calon Minors signed the dotted line of the National Letter of Intent to attend the University of South Carolina Upstate, with the 17-year-old athletic standout having been offered a football scholarship. Calon, an Honour student at Berkeley, became a hot commodity after his impressive showing at the Bermuda... Read more of this article

Chas Smith Breaks Dalhousie University Record

Bermudian track and field athlete Chas Smith has shattered the triple jump record at Dalhousie University, with his leap of 14.66 setting a new record at the Canadian University. Bermuda National Athletic Association President Donna Watson said, “Chas Smith has had a good weekend being voted rookie of the year and breaking the school record in... Read more of this article

Photos: Purvis Primary’s 2014 Science Fair

Yesterday [Feb 26] was the beginning of Purvis Primary School’s 13th Annual Science Fair. The science fair projects are based on the Cambridge science curriculum, and highlight the students’ scientific knowledge and inquiry skills. Every student from Primary 1 to Primary 6 presents their experiment to a panel of judges and answers their questions.... Read more of this article

Man Stole Cheques From Deceased Person

A 41 year old man appeared in Magistrates Court this morning [Feb 27] where he admitted trespassing in the house of a man who had recently died and stealing a Bank of Butterfield chequebook. Lerone Ming, of no fixed address, pleaded guilty to over a dozen charges involving burglary, cheque theft, and then using stolen cheques to fraudulently obtain... Read more of this article

Tomasz Tabor Dies Following Road Collision

[Updated with video] A 36 year old Warwick man died following a motorcycle collision on Crow Lane, the police have confirmed. Police Media Manager Dwayne Caines said, “Police responded to a report of a serious single vehicle road traffic collision that took place on Crow Lane at 11:24pm on Wednesday night. “It appears that a 36 year old... Read more of this article